Dave Ibemere
5443 articles published since 20 Sep 2021
5443 articles published since 20 Sep 2021
The naira strengthened further against the United States dollar as Nigeria’s external reserves rose to the highest since 2018, with experts optimistic.
The Central Bank of Nigeria now allows licensed BDCs to buy dollars from authorised banks, aiming to boost retail supply and strengthen the naira’s value.
Dangote Refinery has reduced its petrol gantry price by N25 per litre to N774, intensifying competition with importers and giving marketers more options.
Dangote Petroluem refinery says it has identified actors behind petrol import claims, denies importing PMS, insists it brings intermediate feedstocks.
Access Bank said its proposed acquisition of South Africa’s Bidvest Bank collapsed after regulatory approvals failed, but the bank remains committed.
Nigerian lawmakers want electricity subsidies removed after petrol reform, saying it will boost revenue, cut trillions in costs, and help fund the 2026 budget.
Dangote Refinery has reduced its PMS gantry prices by N27 per litre, revised its marketer bonuses, and advised on gantry evacuation instead of coastal to cut costs.
The naira has strengthened to its best rate since May 2024, as CBN reforms and rising reserves boost confidence in the currency and Yemi Cardoso is excited.
The Federal Government launched the Happy Woman Empowerment Programme, offering Nigerian women grants, digital skills, mentorship, and app-based access to finance.
Dave Ibemere
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