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Author: Markets Reporters

Energy FEATURED Latest TOP STORIES 

Shell says deepwater a compelling consideration for Nigeria

February 11, 2025February 11, 2025 Markets Reporters 0 Comments Roland Adams, SNEPCo

Nigeria can meet oil production targets and implement ambitious development programmes from deep-water oil and gas operations if it continues with policies to encourage investments and boost output in the sector,

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Energy FEATURED Latest TOP STORIES 

[BREAKING] Dangote refinery cuts diesel price to N1,020

February 11, 2025February 11, 2025 Markets Reporters 0 Comments Dangote diesel, Dangote refinery

Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre from N1,075 per

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FEATURED Latest Money TOP STORIES 

CBN postpones first MPC meeting of the year for second time

February 10, 2025February 10, 2025 Markets Reporters 0 Comments CBN MPC meeting, GDP rebasing

By Mary Adenike The Central Bank of Nigeria has rescheduled its first Monetary Policy Committee (MPC) meeting of the year for

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FEATURED Latest Money TOP STORIES 

Naira extends gain amid 61% decline in dollar liquidity 

February 8, 2025February 8, 2025 Markets Reporters 0 Comments Dollar liquidity, naira

The naira strengthened further against the dollar this week, even as liquidity in the official foreign-exchange market plunged by 61.06

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FEATURED Latest Money TOP STORIES 

Fidelity Bank gets nod for second phase of capital raise after securing N272bn 

February 8, 2025February 8, 2025 Markets Reporters 0 Comments Bank recapitalisation, Fidelity Bank

Fidelity Bank has received the green light from its shareholders to commence the second phase of capital raising initiatives after

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FEATURED Latest News TOP STORIES 

Investment firm VFD Group sells subsidiary Atiat for N7bn

February 7, 2025 Markets Reporters 0 Comments Atiat Limited, VFD Group

VFD Group Plc, a proprietary investment company, has announced the full divestment of its 343,546,646 ordinary shares in Atiat Limited,

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Economics FEATURED Latest TOP STORIES 

Thomas Wyatt Nigeria diversifies into toilet paper production

February 7, 2025February 7, 2025 Markets Reporters 0 Comments Thomas Wyatt Nigeria, toilet paper production

Thomas Wyatt Nigeria, a paper conversion and printing company, says it has introduced a new line of business toilet paper

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Economics FEATURED Latest TOP STORIES 

Nigerian data agency NBS keeps mum one week after missing GDP rebasing target

February 7, 2025February 7, 2025 Markets Reporters 0 Comments GDP rebasing, NBS GDP rebasing

By Mary Adenike The National Bureau of Statistics (NBS) has yet to release the country’s rebased figures for Gross Domestic

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Agriculture FEATURED Latest TOP STORIES 

Why BUA Foods’ revenue hit trillion-naira mark amid soaring inflation

February 7, 2025February 7, 2025 Markets Reporters 0 Comments BUA Foods

By Mary Adenike BUA Foods, a major food manufacturer in Nigeria, saw its revenue for last year double, hitting the

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Economics FEATURED Latest TOP STORIES 

Tinubu jacks up budget 39 days after submission to lawmakers 

February 6, 2025February 6, 2025 Markets Reporters 0 Comments Tinubu budget

By Mary Adenike President Bola Tinubu has increased the size of the proposed 2025 budget to N54.2 trillion ($36.4 billion)

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