NGX Gains N961.75bn as Rally Extends to 5th Day   Nigeria’s equities market sustained its bullish momentum on Thursday, extending its winning streak to five consecutive trading sessions as renewed buying interest in banking, telecommunications and consumer goods stocks lifted investors’ wealth by N961.75bn. The benchmark Nigerian...

Dangote Refinery Got 22% of June Crude From Foreign Sources   The Dangote Petroleum Refinery sourced about 78 per cent of its crude oil feedstock from the Nigerian National Petroleum Company Limited (NNPCL) and other indigenous producers between May and June 2026. Data from the refinery’s official...

Cooking Gas Costs Remain High Despite Improved Supply   Two weeks after the Federal Government’s emergency intervention in the liquefied petroleum gas market, marketers say cooking gas prices have yet to return to normal despite improved product supply and easing market tensions. Although supply has improved significantly...

Market Cap Climbs to N155.59trn as NGX Rebounds   The Nigerian equities market closed the mid-week trading session bullish on Wednesday, as an aggressive wave of bargain hunting wiped out earlier performance jitters and drove market valuation to historic highs. The total market capitalisation of the Nigerian...

Naira Rises to N1,400 per Dollar in Parallel Market   The Naira yesterday appreciated to N1,400 per dollar in the parallel market from N1,405 per dollar on Tuesday. But the naira was stable at N1,379 per dollar in the Nigerian Foreign Exchange Market (NFEM), as data from...

NNPC Halts Crude-Backed Loans to Finance PH, Warri Refineries   The Nigerian National Petroleum Company Limited (NNPCL) has said it is ending the practice of financing the Port Harcourt and Warri refineries with loans backed by crude oil production, opting instead for a performance-driven funding model...