Dipo Olowookere

Lagos

Editor at Business Post Nigeria

I am a financial journalist and the Editor of Business Post Nigeria

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Articles

Experts to Discuss Impact of Technology on Dividend Claims Processing,

3 days ago | businesspost.ng | Dipo Olowookere

By Adedapo AdesanyaThe Nigeria Customs Service (NCS) has integrated the Central Bank of Nigeria (CBN), the Federal Ministry of Finance, the Federal Inland Revenue Service (FIRS), and other key stakeholders into the B’Odogwu platform as part of efforts to boost trade efficiency in Nigeria. The B’Odogwu platform is a newly introduced digital trade facilitation and integration system developed by customs to streamline and harmonise the country’s international trade processes.
Investors Gain N764bn as All-Shares Index Nears 120,000-point Mark |

4 days ago | businesspost.ng | Dipo Olowookere

By Modupe GbadeyankaThe capital component of the 2024 budget has again been extended by the Senate to December 31, 2025, from June 30, 2025. This action was taken by the upper chamber of the National Assembly at its plenary on Tuesday, meaning the country is running two appropriation acts at the same time, as the 2025 budget is currently effective.
DMO Receives N561.17bn for New 7-Year Bond, Allots N98.95bn at 17.95%

4 days ago | businesspost.ng | Dipo Olowookere

By Adedapo AdesanyaThe NASD Over-the-Counter (OTC) Securities Exchange rose by 0.64 per cent on Monday, June 23, on the back of renewed investor confidence. During the session, the NASD Unlisted Security Index (NSI) increased by 21.19 points to settle at 3,342.19 points, in contrast to last Friday’s 3,320.91 points. In the same vein, the market capitalisation went up by N12.45 billion to close at N1.957 trillion compared with the N1.944 trillion it ended last Friday.
Nigerian Exchange Begins Week Bullish as Appetite for Equities Rises |

5 days ago | businesspost.ng | Dipo Olowookere

By Dipo OlowookereRising appetite for local equities, supported by assurances from banks of the possibility of dividend payouts this financial year, further strengthened the Nigerian Exchange (NGX) Limited on Monday. The domestic bourse gained 0.37 per cent on the first trading session of this week, with the All-Share Index (ASI) increasing by 441.43 points to 118,579.65 points from 118,138.22 points and the market capitalisation rising by N278 billion to N74.812 trillion from N74.534 trillion.
Investors Exchange 3.566 billion Stocks Worth N115.4bn in Five Days |

6 days ago | businesspost.ng | Dipo Olowookere

By Dipo OlowookereThe last trading session of the week on the floor of the Nigerian Exchange (NGX) Limited ended on a positive note on Friday with a 0.24 per cent rise. During the trading day, the market capitalisation of Customs Street was up by N175 billion to N74.534 trillion from the N74.359 trillion recorded on Thursday.
NGX Index Rallies by 0.24% as Investors Chalk up N175bn | Business

1 week ago | businesspost.ng | Dipo Olowookere

By Adedapo AdesanyaFrieslandCampina Wamco Nigeria led the NASD Over-the-Counter (OTC) Securities Exchange to a 0.03 per cent growth on Friday, June 20. During the session, the NASD Unlisted Security Index (NSI) went up by 24.15 points to close at 3,320.91 points, in contrast to the previous day’s 3,319.78 points while the market capitalisation added N670 million to finish at N1.944 trillion compared with the N1.943 trillion quoted at the preceding session.
NGX Market Capitalisation Reaches N74.359trn After 0.92% Rise |

1 week ago | businesspost.ng | Dipo Olowookere

By Dipo OlowookereThe bulls consolidated their control of the Nigerian Exchange (NGX) Limited on Thursday with a 0.92 per cent appreciation at the close of transactions. This was buoyed by the assurances by banks listed on the stock exchange that dividend payment should happen in this fiscal year after the initial scare caused by a forbearance directive of the Central Bank of Nigeria (CBN).
United Capital Subsidiary UCAMWAL Unveils Two Mutual Funds | Business

1 week ago | businesspost.ng | Dipo Olowookere

By Adedapo AdesanyaThe Governors of the 36 states of Nigeria have agreed to dismantle multiple taxes across the country in line with the tax bills awaiting assent by President Bola Tinubu. They made the resolution after a meeting of the Nigeria Governors’ Forum (NGF) in Abuja which ended early Thursday, adding that they will also eliminate illegal road blocks under their jurisdiction as part of efforts to facilitate easy movement of goods.
Nigerian Stocks Recover 1.63% After CBN Forbearance Scare | Business

1 week ago | businesspost.ng | Dipo Olowookere

By Adedapo AdesanyaOil prices remained elevated on Wednesday as investors continued to weigh the chances of supply disruptions from the Iran-Israel conflict and potential direct involvement of the United States. Brent crude gained 25 cents to close at $76.70 per barrel and the US West Texas Intermediate (WTI) crude rose by 30 cents to trade at $75.14 a barrel.
Mobile Trading Apps – Enabling Informed Participation in Global Markets &

1 week ago | businesspost.ng | Dipo Olowookere

In recent years, access to financial markets via mobile devices has transitioned from a convenience to a normative expectation. Retail traders in Nigeria and across emerging economies increasingly utilize trading applications that allow them to engage with foreign exchange (forex), commodities, indices and contracts for difference (CFDs) on global assets—all while enjoying the agility and real-time data access that were previously reserved for institutional platforms.