Dave Ibemere
5961 articles published since 20 Sep 2021
5961 articles published since 20 Sep 2021
Bismark Rewane says naira remains undervalued by 13% despite FX reforms, with PPP analysis showing currency still below its estimated fair value.
NBS reports kerosene prices rose sharply in April 2026, with national averages increasing month-on-month and year-on-year across most Nigerian states and regions.
Nigeria's food prices showed mixed trends in April 2026 as tomatoes, beans, and garri fell annually, while monthly increases persisted nationwide.
CBN introduces stricter forex rules imposing penalties on banks for undocumented transactions to improve compliance, transparency in foreign exchange market.
WASPAN has accused the FCCPC of approving new digital lending firms despite court restrictions and a suspended regulatory framework, deepening industry tensions.
Depot prices for petrol and diesel fell across Lagos, Warri, and Port Harcourt in early June as marketers adjusted rates amid strong competition.
Diesel prices at Nigerian depots have fallen below Dangote Refinery’s N1,700 per litre gantry rate amid rising competition and increased market supply pressure.
Nigerians relying on motorcycle transport are paying more as fares rise nationwide, with NBS reporting significant increases across regions and states.
New NBS data shows the average Nigerian airfare rose to N157,355 in April 2026, with Kano being the highest, Gombe the lowest, and a year-on-year increase of 20.82%.
Dave Ibemere
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