Dave Ibemere
5423 articles published since 20 Sep 2021
5423 articles published since 20 Sep 2021
NNPC filling stations in Lagos adjusted petrol prices to N1,300 to N1,315 per litre following depot price reductions across major marketers in May.
Lagos cooking gas prices may rise sharply as prolonged LPG supply shortages continue, with depot disruptions pushing costs toward N2,000 per kilogram across markets.
NNPC has asked the Federal High Court in Lagos to allow continued petrol importation, warning that restricting licences could trigger shortages and price.
The naira appreciated slightly against the dollar after the CBN MPC meeting, supported by stronger external reserves, improved FX liquidity, and ongoing reforms.
The CBN invites contractors for its 2026 procurement projects covering construction, ICT, consultancy, and security. Submissions due by 1 June 2026.
The FCCPC has approved nine airtime and data lending firms in Nigeria while denying ban rumours, citing consumer complaints and introducing new framework.
The Nigerian stock market rebounded on Thursday as investors gained N72.44 billion, driven by strong buying interest in Unilever, Eunisell, and banking stocks.
Elon Musk could become the world’s first trillionaire if SpaceX’s potential IPO reaches up to $2 trillion valuation driven by Starlink and Starship growth.
CBN says it is not propping up the naira, insisting stability is driven by reforms, market forces, liquidity improvements, and minimal intervention in FX market.
Dave Ibemere
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