Amid Grid Failures, Presidency Budgets N10bn for Villa Solar Project
Nigeria’s electricity sector is once again under intense scrutiny as the masses question the Federal Government’s ability to deliver on its promise of a stable power supply to all Nigerians...
Senate Grills Ojulari, Kyari Over N210trn NNPC Audit Issues
The Senate, through its Committee on Public Accounts, has given the management of Nigerian National Petroleum Company (NNPC) Limited an April 29 deadline to appear before it to account for the...
Renewed US-Iran Negotiations Push Oil Prices Higher
Crude oil prices moved higher on Thursday, with WTI trading near $92 per barrel and Brent rising above $95, as markets rebounded from earlier weakness and tracked fresh developments around the US-Iran conflict....
Afreximbank Posts $1.15bn Profit as Assets Hit N56.7trn
The African Export-Import Bank has reported a stellar financial performance for the 2025 fiscal year, characterised by significant bottom-line growth and a massive expansion of its balance sheet to support trade across...
Marketers Reject N3,300 Aviation Fuel Price Claim
The Major Energies Marketers Association of Nigeria (MEMAN) has disputed claims that aviation fuel is selling for as high as N3,300 per litre, urging airline operators to seek alternative suppliers while attributing current...
NGX Market Cap Increases by N1.66trn
The Nigerian equities market sustained its bullish momentum as investors continued to accumulate fundamentally strong stocks, pushing key performance indicators higher at the close of trading. The market capitalisation opened the session at N134.772tn...