Dave Ibemere
5997 articles published since 20 Sep 2021
5997 articles published since 20 Sep 2021
Nigeria will adopt a T+1 settlement cycle from May 29, 2026, improving efficiency, reducing risks, and enabling faster trade completion and liquidity movement.
The NBS reports February 2026 food inflation at 12.12% year-on-year, easing annual pressure, while month-on-month prices rose 4.69% due to beans, yam.
The CPPE warns rising global energy prices are squeezing Nigerian businesses, urging efficiency, renewable adoption, and government reforms to reduce costs.
Nigerian stock market hits record high of over 200,000 points, buoyed by gains in key stocks like BUA Cement and Premier Paints, amid rising investor optimism.
Nigeria’s inflation drops to 15.06% in February 2026, easing cost of living as food and core prices moderate, offering relief to households nationwide.
Federal government has introduced a 1% presumptive tax on informal businesses, exempting firms earning N12 million or less and banning cash tax collections.
CBN Governor Olayemi Cardoso says FX reforms narrowed the official-parallel dollar rate gap to under 2%, boosting naira stability, liquidity, investor confidence.
Petrol depot prices rise across Nigeria after Dangote Petroleum Refinery restored its ex-depot rate to N1,175 per litre, forcing marketers to adjust prices.
Nigeria’s total trade in Q4 2025 was N36.21 trillion, with crude oil dominating exports, China leading imports, and a trade surplus of N1.71 trillion recorded.
Dave Ibemere
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