…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigerian fuel depot owners could face renewed pressure to raise petrol and diesel prices after international crude oil prices climbed back above $107 per barrel on Monday, September…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigeria's 36 states and the Federal Capital Territory (FCT) owed a combined domestic debt of N4.59 trillion as of June 30, 2026, according to data released by the Debt Management Of…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Petrol prices across Nigeria have climbed sharply after Dangote Petroleum Refinery raised its wholesale gantry price from N1,265 to N1,350 per litre, pushing pump prices at major fi…
…has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigeria's cost of importing petrol has climbed to N1,314.67 per litre, according to the latest figures from the Major Energies Marketers Association of Nigeria (MEMAN), as rising global…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The Nigerian naira recorded gains against the British pound, the US dollar, and the euro in the official foreign exchange market on Wednesday, September 2, 2026, continuing a run of…
…issue. He, however, maintained that the removal of the subsidy was necessary to save the Nigerian economy, stressing the need for political leaders to prioritise the country’s long-term interests over electoral considerations. The Chairman of the occasion, former Minister of Information and Culture, Lai Mohammed, said…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigerian motorists are bracing for further increases at the pump after Brent crude oil crossed $95 per barrel, driven by military escalations around the Strait of Hormuz, one of the…
…who spoke in an interview with DAILY POST, said the growth was evidence that the Nigerian economy was gaining momentum, particularly as the services and agricultural sectors led the expansion. However, he noted that the growth had yet to translate into improved living standards for Nigerians. According to him, the majo…
…fraudulent practices, and financial leakages that placed a huge burden on the Nigerian economy.” He said the subsidy system “had become inefficient and consumed enormous public resources that could have been invested in education, security, agriculture, healthcare, infrastructure, and other productive sectors,” adding…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.OPay Digital Services Limited has issued a formal legal warning to an X user identified as Cute Hafserh, with the username @haifah_er_abba, over a post the fintech company says fals…
By Elizabeth Adegbesan The National Bureau of Statistics (NBS), yesterday, said that the Nigerian economy expanded in real terms by 4.43 percent year-on-year, YoY, in the second quarter of 2026, Q2’26 from 4.2 percent in Q2’25. NBS disclosed this in its Gross Domestic Product, GDP, report for Q2’26 noting that both the…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Major petrol marketers in Nigeria have pushed pump prices higher, with the retail cost of Premium Motor Spirit (PMS) now reaching N1,310 per litre in Lagos and surrounding areas, ra…
…prices could have significant implications for filling stations, motorists and the wider Nigerian economy. Where depot prices remain elevated despite softer international crude benchmarks, marketers may face pressure to maintain or increase pump prices to protect margins, particularly where transportation, financing an…
…contestation is legitimate in a democracy, statements about national security and the Nigerian economy should be grounded in facts, institutional understanding, and a credible alternative policy agenda. “What Nigerians should reasonably expect from a presidential aspirant is not a slogan about “opening borders,” but a…
…the 2027 presidential election, citing his experience in government and knowledge of the Nigerian economy. He also dismissed what he described as rumours surrounding the former Vice President, insisting that Atiku remained a credible candidate. Fadeyi said Atiku had demonstrated commitment to the rule of law and had pl…
…Account for sub-national infrastructural development, and the steady weaning of the Nigerian economy from life-support leakages are milestones that threaten his political narrative. By promising to roll back these hard-won gains, Atiku reveals a transactional worldview: if he cannot rule, he would rather preside over r…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigeria’s listed consumer goods sector recorded strong revenue growth in the first half of 2026, with the top 10 companies generating more than N3.5 trillion during the period.This…
…has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The Federal Mortgage Bank of Nigeria (FMBN) has released a list of 10 reasons why an applicant's mortgage loan request under the National Housing Fund (NHF) scheme may either be held up…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Dangote has announced the launch of its Fleet Management Graduate Programme for young graduates interested in building careers in fleet management, logistics and operations.The comp…
…programmes and investments capable of improving living standards and strengthening the Nigerian economy. How The Reforms Benefit Average Nigerians Wage increases and timely payment of salaries and pensions Settlement of pension arrears and gratuities owed to retirees Wealth creation for millions of Nigerians through ca…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The National Insurance Commission (NAICOM) has cancelled the operating licence of Universal Insurance Plc and named a receiver/provisional liquidator to manage the winding-up of the…
…Bello, said the probe was necessary because of cement’s strategic importance to the Nigerian economy. “Cement occupies a strategic place in the Nigerian economy. Its price affects the cost of building a home, developing commercial property, delivering public infrastructure and, ultimately, the cost of doing business. W…
…for consumers and the wider economy. “Cement occupies a strategic place in the Nigerian economy. Its price affects the cost of building a home, developing commercial property, delivering public infrastructure and, ultimately, the cost of doing business. When concerns persist about how such an important market is functi…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The cost of bringing petrol into Nigeria from abroad has climbed above what Dangote Petroleum Refinery charges for the same product, according to new industry data that points to a…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.MTN Nigeria has brought back its Lucky Jackpot campaign, offering subscribers the chance to win cash prizes through an automated draw system linked to their mobile numbers.The relau…