Dave Ibemere
4753 articles published since 20 Sep 2021
4753 articles published since 20 Sep 2021
The National Bureau of Statistics reports Nigeria’s average petrol price in November 2025 falling 12.59% year-on-year, with Borno highest, Oyo lowest.
The naira strengthens against major currencies, boosted by CBN interventions and enhanced liquidity. Analysts project exchange rate trends for 2026.
Nigerian banks including GTB will close branches for the holiday and have urged customers to use ATMs, mobile apps, internet banking, and USSD channels.
The Federal Inland Revenue Service (FIRS) has clarified that Nigerians’ NINs and companies’ CAC RC numbers will automatically serve as Tax IDs under the 2026 NTAA.
Black market traders adjusted dollar prices as the naira strengthened at the official market, supported by Central Bank of Nigeria interventions.
Nigeria’s stock market soared in 2025, with over 40 NGX-listed companies doubling investors’ wealth, led by NCR Nigeria, Beta Glass, and Mutual Benefits Assurance.
Nigeria’s banks are racing to meet the CBN’s March 31, 2026 recapitalisation deadline, with 16 compliant, mergers emerging, and ACAMB dismissing rumours as false.
The Nigerian equities market closed bullish on Monday, lifting investors’ wealth by N256 billion as NASCON, BUA Cement, First HoldCo, and Dangote Sugar led gains.
The Presidency dismissed claims of discrepancies in the new tax reform bills, urging Nigerians to rely on official documents as laws take effect January 1, 2026.
Dave Ibemere
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