Dave Ibemere
5982 articles published since 20 Sep 2021
5982 articles published since 20 Sep 2021
Nigerian Exchange closed lower as selling pressure dragged the All-Share Index below 250,000 points, led by losses in industrial, consumer, and cement stocks.
Petrol prices stabilise at N1,275 per litre despite rising import costs, while diesel strengthens. Discover the latest insights on Nigeria's fuel market dynamics.
Nigeria Revenue Service and Joint Revenue Board introduce new Tax ID system to unify taxpayer records, simplify compliance and strengthen revenue collection.
Naira weakens slightly against the US dollar in official market as forex demand pressures persist despite mixed gains against other major currencies.
Experts warn Nigerians buying used phones to verify IMEI numbers, network access and account locks to avoid stolen, blacklisted or unusable devices.
The NBS reported food inflation rose to 16.06% in April 2026 above headline inflation, with 11 states exceeding 20% amid rising prices pressures evident.
Nigerian billionaire Abdulsamad Rabiu overtook Johann Rupert to become Africa’s second richest man, trailing only Aliko Dangote in Forbes’ latest rankings.
Lagos plans to phase out the electricity band classification system, targeting a unified framework that supports stable, continuous, and 24-hour power supply.
The Nigerian stock market opened the week lower as profit-taking across major sectors erased gains and pushed investor sentiment into cautious territory.
Dave Ibemere
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