Naira Strengthens Against Dollar in Official, Black Market ‎The Nigerian Naira strengthened against the US dollar on Thursday, June 26, in both the official and parallel markets, reflecting persistent pressure and volatility in the country’s foreign exchange environment. ‎In the black...

Vietnam-Nigeria Trade Rises $1bn in One Year – Envoy The Vietnamese Ambassador to Nigeria, Mr Bui Quoc Hung, said trade between Vietnam and Nigeria reached an all-time high of 1 billion dollars in 2024, making it the first time the...

Dangote Refinery Receives N219.38bn Crude in Four Months - FG The Federal Government sold crude oil valued at N219.38bn to the Dangote Petroleum Refinery in the first four months of 2025. The government also earned $1.59m from crude oil exports in...

NUPRC Requests $5,000, Other Conditions to Extend Oil Licence The Nigerian Upstream Petroleum Regulatory Commission has written to holders of over 40 Petroleum Prospecting Licences, informing them of their PPL tenure expiration and the conditions for extension. According to the NUPRC,...

Oando, Dangote, Others Gain N1.18tn in Market Cap The Nigerian Exchange recorded a market capitalisation increase of N1.18tn on Wednesday, driven by investor optimism and corporate earnings, especially from Oando Plc. At the close of trading, the All-Share Index climbed by...

FG Plans Intervention as Rising Debts Threaten NNPCL Power Plants The Federal Government says it is considering strategic interventions to address power tariff challenges affecting gas supply and payment structures at key thermal plants owned by the Nigerian National Petroleum...