Adedapo Adesanya

Lagos

Journalist, Researcher at Business Post Nigeria

spectacular guy. knows things & tweets: news. degeneracy. love. shit. film. music. literature. sports. more shit.

Articles

Onne Port Customs Generates N190.57bn in Q1 2025 | Business Post

1 week ago | businesspost.ng | Adedapo Adesanya

By Adedapo AdesanyaThe Nigeria Customs Service (NCS) has announced that it generated N190,569,212,397.42 from January to March 2025, at Onne port, Rivers State. The Customs Comptroller for Area II Command, Onne, Mr Mohammed Babandede, revealed this during his first quarter media briefing in Onne on Wednesday, stating that the feat showed a remarkable improvement with an increase of N27,864,668,442.61 or 17.12 per cent when compared with the same period of 2024.
EFCC Gives Lifeline to CBEX Investors

1 week ago | businesspost.ng | Adedapo Adesanya

By Adedapo AdesanyaThe NASD Over-the-Counter (OTC) Securities Exchange closed flat on Wednesday, April 16, as the market capitalisation remained unchanged at N1.915 trillion as well as the NASD Unlisted Security Index (NSI) at 3,271.02 points. At the trading session, there was no price gainer or decliner.
Afreximbank Disburses $50bn to Nigeria in 19 Years | Business Post

1 week ago | businesspost.ng | Adedapo Adesanya

By Modupe GbadeyankaTo support innovative solutions that enhance financial accessibility and security in the digital asset ecosystem, Tether has made a strategic investment in a financial technology (fintech) company specializing in self-custody crypto wallets and digital payments, Fizen Limited. This transaction will allow Fizen to integrate its innovative technology with Tether’s leadership in the stablecoin industry.
Oil Market Soars 2% as US Targets Chinese Importers of Iranian Oil |

1 week ago | businesspost.ng | Adedapo Adesanya

By Adedapo AdesanyaThe oil market was up by nearly 2 per cent on Wednesday due to concerns about global supplies after the United States issued new sanctions targeting Chinese importers of Iranian oil. Brent crude futures grew by $1.18 or 1.8 per cent to $65.85 a barrel and the US West Texas Intermediate (WTI) crude futures expanded by $1.14 or 1.9 per cent to $62.47 per barrel.
Spotify Users Experience Technical Glitch Globally | Business Post

1 week ago | businesspost.ng | Adedapo Adesanya

What if the problem isn’t that there’s nothing to watch but that you’ve just not found it yet? Tunde has a ritual. Every evening after work, he slumps into his couch, picks up the remote, and begins the great scroll. One channel after the other, eyes glazed, fingers moving. No destination in mind. He always ends up on the same two or three shows, sighing that there is “nothing else” to watch on GOtv. Then one chill Sunday, his niece snatches the remote from him.
Nigeria Issues 77 Licenses to Refiners for Robust Oil Market |

1 week ago | businesspost.ng | Adedapo Adesanya

By Adedapo AdesanyaNigeria issued 47 Licenses to Establish (LTE) and 30 Licenses to Construct (LTC) refineries in the last year as it seeks to boost oil production in the country. The move, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), marks a significant step towards enhancing Nigeria’s refining capacity and boosting petroleum products availability.
Access Bank's Acquisition of National Bank of Kenya Suffers Setback

1 week ago | businesspost.ng | Adedapo Adesanya

By Aduragbemi OmiyaleAn initiative aimed to challenge business leaders and innovators to transcend current horizons has been introduced by Stanbic IBTC Bank through a thematic campaign known as There is Possible, Then There is More. The idea is to a mindset of amplified possibility, sustained growth, and transformative partnerships, with Stanbic IBTC Bank positioned as a pivotal enabler.
Oil Prices Drop as Investors Weigh Tariffs Impact | Business Post

1 week ago | businesspost.ng | Adedapo Adesanya

Oil prices fell slightly on Tuesday as investors weighed US President Donald Trump’s tariffs and tried to figure out how much the US-China trade war could reduce global economic growth and oil demand. During the session, Brent crude futures declined by 21 cents or 0.3 per cent to $64.67 per barrel and the US West Texas Intermediate (WTI) crude futures dropped 20 cents or 0.3 per cent to settle at $61.33 per barrel.
Nigeria Gazettes ECOWAS Tariffs to Strengthen Continental Trade |

1 week ago | businesspost.ng | Adedapo Adesanya

By Adedapo AdesanyaThe Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, has instructed the Nigerian Maritime Administration and Safety Agency (NIMASA) to initiate the long-awaited disbursement process for the Cabotage Vessel Financing Fund (CVFF). This directive marks a significant shift from over two decades of administrative stagnation and ushers in a new era of strategic repositioning of Nigeria’s indigenous shipping.
Nigeria's Inflation Rate Jumps to 24.23% in March 2025 | Business

1 week ago | businesspost.ng | Adedapo Adesanya

By Adedapo AdesanyaFitch Ratings has projected Nigeria’s external debt service to reach $5.2 billion this year from $4.7 billion in 2024, though it maintained a stable outlook for the country in its latest rating. The agency also cited a minor delay in the payment of a Eurobond coupon due on March 28, 2025, as a reflection of persistent challenges in public finance management.