Rahma Oladosu

FG’s FX Windfall Crashes by 73% to N589bn in Six Months

FG's FX Windfall Crashes by 73% to N589bn in Six Months   Revenue from foreign exchange rate gains crashed by 73 per cent in the first half of 2025, falling to N589.45bn from N2.199tn recorded in the same period of 2024,...

NGX Closes July in the Green, Records N12.62trn Gain

NGX Closes July in the Green, Records N12.62trn Gain   The Nigerian Exchange closed the month of July 2025 on a bullish note, recording a significant N12.62tn gain in market capitalisation. The All-Share Index appreciated by 0.42 per cent on the...

Dangote’s Plan for Direct Fuel Supply Sparks Concerns of Market Disruption

Dangote’s Plan for Direct Fuel Supply Sparks Concerns of Market Disruption   The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has warned that the Dangote Petroleum Refinery’s plan to bypass existing distribution channels and supply refined petroleum products directly...

AGF Denies FG’s Acquisition of 25% Shares in First Bank Holdings

AGF Denies FG’s Acquisition of 25% Shares in First Bank Holdings The Office of the Attorney General of the Federation and Minister of Justice has denied reports alleging that the Federal Government acquired 25 percent of shares in First Bank...

As Nigeria Leads Africa’s FX Revolution, by Rahma Olamide Oladosu

As Nigeria Leads Africa’s FX Revolution, by Rahma Olamide Oladosu   It was an event that passed with little fanfare, the kind that quietly dissolves into routine headlines. On June 26, 2025, the Central Bank of Nigeria and the Central Bank...
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