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...

Dangote Refinery's steady supply of petroleum products has attracted more independent marketers, swelling the ranks of distributors retailing its products nationwide.

FG Secures $16bn Gas Investments in Two Years - NUPRC The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has stated that the Gas sector attracted investments worth $16bn in the past two years. Speaking during the sidelines of the Nigerian Oil and Gas Week in Abuja, NUPRC’s...

FG Approves 37 New Crude Evacuation Routes as Oil Rigs Rise to 44 The Federal Government says it has approved 37 new crude oil evacuation routes across the country as part of reforms to bolster production and curb theft. It also said the number of crude...