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Headline: Petrol Price Jumps 19% to N1,533 per Litre in April, What It Means for Nigeria Nigeria’s fuel market saw a significant shake-up in April 2026. The National Bureau of Statistics reports that the average retail price of Premium Motor…
First HoldCo Approves N253 Billion Capital Raise to Hit N1 Trillion Paid-Up Capital First HoldCo Plc, the parent company of FirstBank of Nigeria, has secured shareholder approval for a capital raise of N253.099 billion. This move will increase the group’s…
Bonny Light Crude Drops to $102 Amid Israel-Iran Truce: What Nigeria Needs to Know Nigeria’s benchmark crude, Bonny Light, recently sold for $102 a barrel following a significant geopolitical development: a truce between Israel and Iran. This pause in Middle…
Nigeria’s Agricultural Exports Hit N1.17 Trillion in Q1 2026: What It Means for the Economy New data from the National Bureau of Statistics (NBS) reveals Nigeria’s agricultural exports reached N1.17 trillion in the first quarter of 2026. This figure represents…
Guinea Insurance Deposits N1.5 Billion with CBN to Meet NIIRA 2025 Capital Requirement Guinea Insurance Plc has made a significant move by depositing N1.5 billion with the Central Bank of Nigeria (CBN) to comply with the Nigerian Insurance Industry Reform…
Independence Day for African Energy For decades, African economies have operated under a frustrating, paradoxical economic loop. The continent would pump millions of barrels of high-grade crude oil out of its soil, ship it across global oceans to European and…
