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Recent Blogs
Jul
14
Court Backs FCCPC’s Power to Probe Air Peace Over Ticket Pricing
A court has ruled that the Federal Competition and Consumer Protection Commission (FCCPC) acted lawfully in investigating Air Peace over airfare complaints — another legal defeat for the airline in its long-running pushback against the regulator. The ruling affirms the FCCPC’s authority to investigate consumer complaints and examine pricing practices in the aviation sector. The […]
Jul
14
Equities Rebound as Market Capitalisation Gains N719 Billion
The Nigerian equities market snapped back into positive territory as overall market capitalisation rose by N719 billion in a single session. The rebound extends what has been a remarkable run for Nigerian stocks, which Bloomberg recently ranked among the world’s best performing. Momentum has been supported by the reform story around the capital market — […]
Jul
14
Petrol Loading Prices Jump N113/Litre After Dangote’s Switch to Dollar Pricing
Private depot owners across Nigeria’s downstream sector raised loading prices for petrol and diesel sharply after Dangote Refinery ended naira-denominated pricing — with petrol jumping by about N113 per litre. The increase is the first concrete market reaction to the refinery’s new dollar-based framework, which pegged its gantry price at $0.779 per litre. With the […]