Dave Ibemere
5443 articles published since 20 Sep 2021
5443 articles published since 20 Sep 2021
Private depot owners in Nigeria slash petrol prices, easing costs for consumers, intensifying competition with refiners, while diesel prices soften.
Zenith, Sterling, Jaiz, Wema, and First HoldCo Plc collectively posted N502 billion profit in 2025, driven by growing deposits, loans, and strong balance sheets.
Adaora Umeoji, Zenith Bank’s first female MD/CEO, leads Nigeria’s most profitable bank, inspiring women while driving record profits, asset growth.
SMEDAN says many Nigerian entrepreneurs divert MSME loans to personal use and fail to repay, weakening revolving funding schemes and limiting access to finance.
The naira is trading at a two-year high, strengthening further alongside other currencies thanks to strong oil receipts, investor confidence, improved forex supply.
NNPC has explained why it shut down Nigeria’s four refineries and plans equity partnerships starting with China. to ensure long-term sustainability.
The Dangote Refinery confirmed petrol now sells at N839 per litre, marking a significant drop from N1,700, thanks to local refining and efficient gantry operations.
Dangote warns Nigerians that petrol prices could approach N1,000 as costly coastal fuel evacuation adds extra charges and threatens the gains of local refining.
The Nigerian stock market rallied on Thursday, adding N1.27 trillion to investors’ wealth as strong buying lifted the NGX All-Share Index by 1.18%.
Dave Ibemere
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