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Oil Palm Showdown: Presco’s Growth Ambition Pitted Against Okomu’s Cost Efficiency

Key points Presco Plc (Presco) and Okomu Oil Palm Plc are the largest palm oil producers in Nigeria. Presco is boosting profit margin with aggressive expansion nearness to raw...
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CBN’s $1 Trillion Mirage: Why Nigeria’s Real Sector Holds the Missing Key

Bala Augie -
BY BLAISE UDUNZE When the Central Bank of Nigeria (CBN) recently declared that the country was on course to becoming...
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Oil Palm Showdown: Presco’s Growth Ambition Pitted Against Okomu’s Cost Efficiency

Bala Augie -
Key points Presco Plc (Presco) and Okomu Oil Palm Plc are the largest palm oil producers in Nigeria. Presco...
Markets

INEC Declares Charles Soludo Winner of Anambra Governorship Election

Bala Augie -
The Independent National Electoral Commission (INEC) has announced Governor Chukwuma Soludo as the winner of the November 8 governorship...
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Mutual Benefit Assurance Profit Surges on Strong Product Demand

Bala Augie -
The innovative products that Mutual Benefit Assurance Plc launched into the market have translated into bottom line (profit) growth...
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Why Your Money Buys Less Every Year And How to Protect Yourself

Bala Augie -
Inflation is an increase in the average price of goods and services over time, which reduces the purchasing power...
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CBN Allocates ₦1.42 Trillion in Two OMO Auctions, Signaling Strong Demand at 21.8% Yields

Bala Augie -
The Central Bank of Nigeria (CBN) held two open market operations (OMO) auctions during the week, each with a...
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Nigeria’s New $2.35 Billion Eurobond Expected to Bolster Naira and Foreign Reserves

Nigeria’s return to the international debt market with a new Eurobond offer is expected to boost the naira and...
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Nigeria Secures $2.35 Billion Eurobond, Oversubscribed Five-Fold in Global Debt Sale

Bala Augie -
Nigeria raised $2.35 billion in new eurobond which was oversubscribed by up to 5.4 times, a sign of investor...
Economy

Tax Reform: Nigeria Government Unveils 50 Exemptions and Reliefs Aimed at Easing Burden on the Masses

Bala Augie -
From January 1, 2026, Nigeria’s new tax law will come into effect. This law will provide many reliefs and...
Economy

Nigeria Tests Investor Appetite with $2.3 Billion Eurobonds Amid Trump Military Threats

Bala Augie -
Nigeria is planning to sell $2.3 billion in eurobonds as soon as this week, testing investor appetite for the...
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Fuel Costs: Tinubu Approves 15% Import Duty on Petrol and Diesel

Bala Augie -
President Bola Tinubu has approved the introduction of a 15 per cent ad-valorem import duty on petrol and diesel...
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U.S. Federal Reserve Cuts Key Rate, Powell Avoids Firm Commitment on Next Move

Bala Augie -
Federal Reserve Chair Jerome Powell cautioned investors against assuming the US central bank would follow its second straight interest-rate cut with...

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