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 April 2025, during the period...

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, any holder who wishes to...

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 1,466.87 points, representing a 1.22...

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 Company Limited. This development emerged during...

Tinubu to Sign Tax Reform Bills into Law Today  President Bola Tinubu will, on Thursday, sign into law four tax reform bills that will “transform Nigeria’s fiscal and revenue framework,” the Presidency has revealed. Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed...

Naira Holds Firm Against Dollar in Official, Black Market ‎The Nigerian remained steady against the US dollar on Wednesday, June 25, 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 in...