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NNPC Revenue Increases to N6trn in May

The Nigerian National Petroleum Company Limited (NNPCL) generated a total revenue of N6.008tn in May 2025, marking a marginal increase from the N5.972tn posted in April, even as crude oil and condensate production also showed slight improvement during the month.

Investors Gain N13.2trn in Six Months

Investors reaped significant returns in the first half of the year as the equities posted a cumulative gain of N13.2 trillion.

NNPC Uncovers Sabotage Plot, Reiterates Commitment to Reforms

NNPC Uncovers Sabotage Plot, Reiterates Commitment to Reforms   The new leadership of the Nigerian National Petroleum Company Limited (NNPCL) led by Bayo Ojulari, has raised the alarm that some saboteurs within and outside the organisation are working against efforts to transform the company into a...

Stock Market Plunges, Loses N491bn in One Week

Stock Market Plunges, Loses N491bn in One Week   The Nigerian Stock Market ended the week bearish on Friday, with investors recording a loss of N491 billion. Market capitalisation declined by N491 billion or 0.64 per cent, closing at N75.962 trillion from N76.453 trillion on Thursday. Similarly, the...

Naira Holds Firm Against Dollar in Official, Black Market 

Naira Holds Firm Against Dollar in Official, Black Market  ‎The Nigerian Naira remained steady against the US dollar on Friday, June 27, in both the official and parallel markets, reflecting persistent pressure and volatility in the country’s foreign exchange environment. ‎In the black market, currency dealers...

Nigeria’s Exports to African Countries Decline by N631.5bn

Nigeria’s Exports to African Countries Decline by N631.5bn   Stakeholders are banking on the continued growth of non-oil trade to drive Nigeria’s exports to African countries, despite earnings crashing by 631.52 bn to N1.85 tn since the last peak of N2.49 tn in the third quarter...