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Recent Blogs
Jul
21
FirstHoldCo Posts N1.93tn Gross Earnings and N653.5bn Pre-Tax Profit in H1 2026
FirstHoldCo Plc reported gross earnings of N1.93 trillion for the half-year ended 30 June 2026, up 16.7 per cent year on year, with profit before tax rising 83.5 per cent to N653.5 billion. The gap between those two growth rates is the story. Operating income grew 25.8 per cent to N1.38 trillion while the cost-to-income […]
Jul
21
Analysts Expect CBN to Hold Benchmark Rate at 26.5 Per Cent as Inflation Eases
The Central Bank of Nigeria is widely expected to leave its Monetary Policy Rate unchanged at 26.50 per cent as the Monetary Policy Committee concludes a two-day meeting chaired by Governor Yemi Cardoso. The case for holding rests on a set of indicators pointing in the same direction. Headline inflation eased marginally to 15.91 per […]
Jul
15
Dangote Refinery Switches Petrol to Dollar Pricing at $0.779 Per Litre
Dangote Petroleum Refinery has ended naira-based pricing for Premium Motor Spirit (petrol), fixing its gantry ex-depot price at $0.779 per litre under a new dollar-denominated framework for refined products effective July 13, 2026. At the official exchange rate of N1,380.50 to the dollar, the new reference price translates to roughly N1,075.61 per litre — but […]