RateCaptain

25/05/2026

The price of a 50kg bag of cement in Nigeria has risen to N12,000 in several states, intensifying concerns over housing affordability and the rising cost of construction projects nationwide.

The price of a 50kg bag of cement in Nigeria has risen to N12,000 in several states, intensifying concerns over housing…………

25/05/2026

Nigeria’s external reserves have recorded a notable recovery in May 2026, climbing by approximately $551 million within the first three weeks of the month.

According to data released by the Central Bank of Nigeria (CBN), gross external reserves increased from $48.34 billion on May 4 to $48.89 billion as of May 21, signalling a gradual improvement in the country’s external liquidity position.

Nigeria’s external reserves have recorded a notable recovery in May 2026, climbing by approximately $551 million…….

25/05/2026

Daily Exchange Rate – Monday, 25th May, 2026

Visit ratecaptain.com for the latest and historic exchange rates, business news, money market updates, and cryptocurrency insights

22/05/2026

Talent without work is nothing and work without talent is nothing. Be consistent in anything you do, because consistency changes everything.

21/05/2026

Standard Chartered Bank has announced plans to eliminate more than 7,800 jobs globally as it accelerates the adoption of Artificial Intelligence across its operations. #

Standard Chartered Bank has announced plans to eliminate more than 7,800 jobs globally as it accelerates the adoption…

21/05/2026

Dangote Petroleum Refinery & Petrochemicals has announced a significant reduction in the price of Jet A1 (aviation fuel), slashing it from N1,750 to N1,650 per litre.

Dangote Petroleum Refinery & Petrochemicals has announced a significant reduction in the price of Jet A1 (aviation fuel), slashing…

21/05/2026

The Central Bank of Nigeria (CBN) has refuted allegations of aggressive intervention in the foreign exchange market, insisting that its involvement remains very limited relative to overall market transactions.

The Central Bank of Nigeria (CBN) has refuted allegations of aggressive intervention in the foreign exchange market, insisting…

21/05/2026

For years, conversations about the future of global power have sounded familiar. China. The United States. India. Perhaps the European Union. These names dominate economic discussions, policy forums, and international strategy reports.

For years, conversations about the future of global power have sounded familiar. China. The United States. India. Perhaps the European Union. These names dominate economic discussions, policy forums…

21/05/2026

"I’ve appealed to Aliko Dangote to allocate shares worth $100m to me in the private placement of the refinery"

- Femi Otedola, chairman of First HoldCo following his visit to the refinery with senior executives from First HoldCo.

🎥The Cable

21/05/2026

VIDEO: Africa’s richest man, Aliko Dangote, has revealed that the Dangote Refinery is aiming to launch its Initial Public Offering (IPO) by September, citing massive investor interest worth billions of dollars.

Dangote made this known during a visit by the management team of First Bank of Nigeria to the refinery complex in Lagos, where discussions focused on investment opportunities and the refinery’s expansion plans.

🎥 Arise TV