MTN, Nestlé, Seplat Earnings, Oil Value Drops, Trump’s Crypto Play, New ATM Fees, Dangote vs NNPC Showdown | Drinks and Mics

Within the tenth episode of Drinks and Mics, Ugodre Obi Chukwu, Tunji Andrews, Arnold Dublin Inexperienced, and fan-favourite Samson Esemuede break down a few of the greatest {financial} tales making headlines.

First up, MTN, Nestlé, and Seplat have launched their newest earnings. Whereas MTN and Nestlé battle with rising prices and FX losses, Seplat is having fun with good points because of elevated oil production. In the meantime, oil costs have dropped under $82 per barrel, elevating considerations about Nigeria’s income projections.

On the worldwide entrance, Donald Trump is making headlines within the crypto area, positioning himself as a pro-crypto candidate, a transfer that might shake up digital asset markets. Again residence, Nigerian banks have rolled out new ATM withdrawal costs, sparking debates about accessibility and client burden.

However the greatest showdown is occurring in Nigeria’s oil sector. Dangote Refinery and the NNPC are locked in a battle over gas costs, with either side making reductions that might affect the nation’s refining business post-subsidy.

What does this all imply for companies, shoppers, and the economic system? Catch the complete dialog on Nairametrics TV on YouTube. Subscribe now and keep forward of the tendencies!