The Nigerian Exchange (NGX) experienced a significant downturn as bearish sentiments dominated trading activities, leading to a substantial loss of N285 billion in market capitalization. This decline is attributed to
The landing cost of petrol in Nigeria has decreased from approximately N1,100 per litre to between N978 and N1,000 per litre. This reduction has prompted the Petroleum Retail Outlet Owners
The Federal Government of Nigeria has augmented its bond offerings by listing an additional 910.3 million units on the Nigerian Exchange (NGX), reflecting its ongoing commitment to deepening the nation’s
Nigeria’s oil and gas industry is attracting heightened interest from Chinese investors, with 74 firms reportedly exploring opportunities in the sector. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed that
The Nigerian equity market started the week on a strong note, recording a significant gain of N52 billion as investor confidence remained high. The All-Share Index (ASI) of the Nigerian
Savannah Energy, a leading independent energy company, has officially completed the acquisition of Sinopec International Petroleum Exploration and Production Corporation (SIPEC), further expanding its footprint in Africa’s oil and gas
The Federal Government has unveiled plans to recapitalize the Bank of Agriculture (BOA) with N1.5 trillion, aiming to boost agricultural financing and wealth creation. The initiative is designed to support
A new report from the Nigerian Communications Commission (NCC) has revealed that over 8,000 telecom subscribers switched networks in January 2025, taking advantage of mobile number portability (MNP) services. The
Nigeria’s electricity distribution companies (Discos) have warned of possible legal action against the military over alleged vandalization of infrastructure belonging to Ikeja Electric Distribution Company (IKEDC). According to reports, armed
The Nigerian government has intensified efforts to attract foreign companies willing to engage Nigerian youths in remote job opportunities, positioning the country as a global outsourcing hub. As part of
