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OIL & GAS
Depots Raise Petrol Price To N950/Litre
The loading cost of Premium Motor Spirit (petrol) and other refined petroleum products at the depots increased on Monday. Media…
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NEWS LENS
Port Rehabilitation Delayed Despite $700m Loan
Despite securing a $700m loan for the rehabilitation of the Apapa and Tincan Island Ports in Lagos, the Federal Government…
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ASSETS & FINANCIALS
11 Banks Market Capitalisation Hit N7.90tn
Eleven Nigerian banks have seen a total market capitalisation of N7.90 tn. According to Prices for Securities Traded on Monday,…
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ASSETS & FINANCIALS
Tariff Hike: Telcos, ICT Firms Owe Banks N1.69tn
Information, communication, and technology firms, including telecommunications companies in Nigeria, owed Deposit Money Banks N1.69tn as of September 2024 amid…
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ASSETS & FINANCIALS
Nigeria Secured $7.6bn Investments At Africa Forum – Adesina
Nigeria has secured $7.6bn in investment interests at the Africa Investment Forum 2024, which took place in Rabat, Morocco, from…
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OIL & GAS
Oil Export: NUPRC Begins Real-Time Tracking To Tackle Losses
The Nigerian Upstream Petroleum Regulatory Commission says it is set to enhance transparency and accountability in Nigeria’s oil and gas…
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ASSETS & FINANCIALS
Equity Market Gains N1.14tn
Investors gained about N1.14tn on bullish sentiments on the Nigerian Exchange Limited last week. The All-Share Index appreciated by 1.80…
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ASSETS & FINANCIALS
FG To Strengthen Capital Market For Wealth Creation
The federal government has reaffirmed its commitment to strengthening Nigeria’s capital market as a critical driver of economic growth…
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ASSETS & FINANCIALS
FX Crisis, Weak Naira Threatening SMEs’ Survival –Economists
Economic experts have raised the alarm that Nigeria’s forex policies and the weak naira are endangering the survival of Small…
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OIL & GAS
Marketers, Oil Firms Sign Deal To Build 50,000bpd Refinery
Nigeria’s effort to boost its refining capacity seems to be paying off, as petroleum product retailers signed a deal with…
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NEWS LENS
Delta Air Lines Introduces Nigerian Delicacies On Lagos-Atlanta Flight
United State carrier Delta Air Lines has announced the inclusion of local dishes into food options that will be made…
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ASSETS & FINANCIALS
CBN Suspends Export Proceeds Repatriation Extension
The Central Bank of Nigeria has suspended approvals for the extension of export proceeds repatriation on behalf of exporters, effective…
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ASSETS & FINANCIALS
Inflation May Drop To 27% By December – Report
Nigeria’s inflation rate is projected to decline to 27.1 per cent by December 2025, according to the latest NESG-Stanbic IBTC…
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OIL & GAS
Dangote Refinery Builds Eight More Tanks For Imported Crude
The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.…
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NEWS LENS
Grimaldi Commences First Direct Shipping Service From China
Grimaldi Group has commenced its first direct shipping service connecting Shanghai, China, to Lagos, Nigeria. The shipping firm said the…
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ASSETS & FINANCIALS
MTNN, Transcorp Lead As investors Gain N507bn
Investors on the Nigerian Exchange gained N507bn at the close of trading on Wednesday, as the market capitalisation surged to…
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NEWS LENS
Customs Deploy IT For Transparent Recruitment Process
The Nigeria Customs Service will be deploying an information technology strategy to ensure transparency in its ongoing recruitment processes, media…
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ASSETS & FINANCIALS
Tony Elumelu Foundation Opens Entries For 2025 Entrepreneurship Programmes
The Tony Elumelu Foundation has announced the opening of its 2025 Entrepreneurship Programmes applications. This was contained in a statement…
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OIL & GAS
Oil Firms, Dangote Sign Deal For Affordable Petrol Supply
The Dangote Petroleum Refinery says Heyden Petroleum and Ardova Plc have joined it to ensure the supply of affordable Premium…
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NEWS LENS
Maritime Workers, Terminal Operator Trade Blame Over Accident
The Maritime Workers Union of Nigeria and Five Star Logistics Terminal, located at the Tincan Island Port in Lagos, have…
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