FG Target N200bn Through Bond Auction
The Debt Management Office (DMO) on Thursday announced an offering of N200bn savings bonds.
According to the offer document on its website, one of the bonds was a reopening of the June 2032 bond with...
TinCan Customs Generate N16.4bn Revenue in One Day
The Nigeria Customs Service, Tincan Island Port Command, has achieved a remarkable feat by collecting N16.4bn in revenue on August 19, 2025, through the effective deployment of the Unified Customs Management System,...
Political Interference Destroying Nigeria’s Refineries - PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has reiterated that Nigeria’s moribund refineries can only function optimally if the Federal Government ends political interference in the state-owned assets.
The union...
Report Reveals Only 36% of 15m Households Benefit from Cash Transfer
Since October 2023, only 36 per cent of targeted households have benefited from the conditional cash transfer programme launched by the Federal Government to cushion economic hardship for vulnerable...
Market Capitalisation Falls to N88.8trn Amid Prolonged Sell-offs
The equities market of the Nigerian Exchange Limited (NGX) closed on a negative note on Wednesday as sustained sell-offs in bellwether stocks wiped off N781bn from investors’ wealth.
At the end of the...
Dangote Refinery Hits 610,000bpd, Nears Full Capacity
The Dangote Petroleum Refinery is operating more reliably and efficiently than ever before, with output surging to around 610,000 barrels per day this month, edging closer to its official nameplate capacity of 650,000bpd,...