Pascal Oparada
6957 articles published since 29 Nov 2021
6957 articles published since 29 Nov 2021
Dangote Refinery offers retail investors up to two bonus shares for holding public-offer shares for two years. The N525 offer rules and clear eligibility terms.
Nigeria’s diesel import cost hits N1,917.82 per litre as Middle East tensions disrupt markets, threatening higher transport and production costs for businesses.
Dangote’s fortune hits $51.3bn as refinery revaluation widens his lead over Nigeria’s other billionaires, revealing an extraordinary concentration of wealth.
Seventeen wealthy investors held NGX shares worth $37.7bn, led by Abdulsamad Rabiu and Aliko Dangote, who controlled three-quarters of listed wealth in 2026.
MTN Nigeria CEO Karl Toriola earned R57m in 2025, up 61.2%, as incentives boosted his pay, with his telecoms career, royal heritage and detailed pay structure.
Naira strengthens to N1,328.2154 after the CBN sells $151m to banks, boosting FX liquidity as dollar demand, reserves and market stability shape the outlook.
US H-1B fee hikes are pushing tech firms towards US-based talent, while remote hiring could benefit skilled professionals across Africa's growing tech hubs.
PiggyVest gives 6.6 million users digital access to Dangote Refinery’s IPO, offering shares at N525 and subscriptions from N5,250 with easier CSCS registration.
Dangote Refinery raises petrol to N1,350 as Nigerian depots add up to N150 per litre, threatening higher pump prices, transport costs and household budgets.
Pascal Oparada
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