Dave Ibemere
5952 articles published since 20 Sep 2021
5952 articles published since 20 Sep 2021
Nigerian stocks fell as profit-taking triggered widespread selling, sending the NGX All-Share Index lower while market capitalisation declined by N1.166 trillion.
GTBank has doubled its quarterly international spending limit on naira cards to $40,000, allowing customers greater flexibility for eligible foreign transactions.
Billionaire Azibapu Eruani’s $1 billion Azikel Refinery in Bayelsa nears completion, with plans to process 25,000 barrels daily and produce petrol, aviation fuel.
NNPC has reduced petrol prices to N1,250 per litre at selected Abuja stations as competition intensifies and global oil market pressures remain elevated.
Lagos depot owners have raised petrol and diesel prices, with diesel recording a sharper increase as crude oil prices rise and global supply concerns persist.
Nigeria’s stock market gained N1.909 trillion as Airtel Africa and other equities lifted the All-Share Index by 1.20% despite negative market breadth.
Petrol depot prices rose across Nigeria as several marketers increased PMS rates, with Parker recording the biggest N48 per litre increase amid rising crude prices.
United Nigeria Airlines suspended flights after aviation unions disrupted operations in Lagos and Abuja over workers’ unionisation rights and unpaid ticket.
Nigerian students with business ideas or existing ventures to apply for mentorship, networking and funding through its national entrepreneurship programme.
Dave Ibemere
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