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,...

FG to Settle N2.7trn Gas Debt with Royalty Payments   The Federal Government is planning to clear the N2.7tn owed to gas companies with royalties. The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Gbenga Komolafe, disclosed this Thursday...

UK Tops Nigeria’s Q1 Capital Inflow with N5.5trn Investment   United Kingdom-based investors provided the bulk of Nigeria’s foreign capital in the first quarter of 2025, accounting for more than 65 per cent of total inflows, the latest Capital Importation report...

Stakeholders Push for Overhaul of Secrecy Laws Blocking Defence Transparency   Civil society groups and security stakeholders have urged the urgent review of secrecy laws that obstruct transparency and accountability in Nigeria’s defence and security sector. The demand was made at the...

NNPC, Marketers Reduce Petrol Prices After Dangote’s Price Cut   The Nigerian National Petroleum Company Limited (NNPC) and other marketers have reduced the pump prices of Premium Motor Spirit (petrol) following Dangote Petroleum Refinery’s cut in ex-depot prices. From as high as...