NNPC/First E&P Hits Safety Milestone in Oil Sector The Nigerian National Petroleum Company Ltd/FIRST Exploration and Petroleum Development Company Joint Venture has achieved a significant safety milestone, marking 10 million Lost Time Incident-free man-hours across its operations on PML 53 and PML 54. A statement from...

Federal Lawmakers Endorse PRNigeria Fellowship, Pledge Support for Youth Empowerment The PRNigeria Young Communication Fellowship, an initiative aimed at empowering young Nigerians in civic engagement and democratic communication, has garnered significant support from two federal lawmakers. The endorsements signal a growing legislative commitment to grassroots media...

Oil Producers Blocked Crude Supply to Dangote, Other Refineries - NUPRC   Efforts of the Nigerian government to mandate upstream oil producers to allocate a portion of their output to domestic refineries were resisted by several companies last year, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)...

NGX Sees Surge in Foreign Transactions, Hits N118.9bn   Foreign portfolio transactions on the Nigerian Exchange Limited (NGX) surged to N118.9bn in May 2025, representing an increase of 88.54 per cent compared to N63.07bn recorded in April 2025. The rise in foreign inflows, equivalent to about $74.97m...

FG Schedules Petrol Pricing Summit for July   The Federal Government has fixed July 23 and 24, 2025, for a national stakeholder forum to address mounting concerns over petrol pricing and supply dynamics in the downstream sector, amid growing agitation by independent marketers for price regulation. The...

Banking and Insurance Stocks Boost NGX by N403bn   The Nigerian stock market extended its bullish momentum on Thursday as the Nigerian Exchange Limited recorded a gain of N403bn, driven by renewed investor interest in insurance and banking stocks. At the close of trading, the market capitalisation...