Dave Ibemere
5960 articles published since 20 Sep 2021
5960 articles published since 20 Sep 2021
Petrol prices have fallen at some Lagos and Ogun filling stations after Dangote refinery reduced its gantry price, triggering gradual market adjustments.
Japan has approved visa fee increases for foreigners, raising single-entry costs from ¥3,000 to ¥15,000, effective July 1, 2026, after 1978 revision.
The Nigerian Exchange closed the week lower as All Share Index fell 3.59%, Financial Services led trading, and 78 equities declined across the market.
The federal government has released guidelines for Nigeria’s Tax Acts 2025, explaining that old tax laws apply before 2026 while new system starts January 1, 2026.
The federal government has approved United Nigeria Airlines' international routes to New York, Canada and Dubai, aiming to boost local airline operators.
Nigeria’s external reserves rose to $50.96 billion, the highest since 2009, despite mild naira depreciation across FX markets amid weaker dollar inflows.
Nigeria’s CIT fell to N1.37 trillion in Q1 2026, driven by weak corporate earnings despite strong contributions from finance, mining, and manufacturing sectors.
Nigeria’s VAT rose to N2.42 trillion in Q1 2026, driven by manufacturing and ICT, despite declines in the education and public administration sectors.
Dangote Refinery cuts diesel price to N1,500 per litre, easing market pressure and offering relief to manufacturers and transport operators nationwide.
Dave Ibemere
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