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...
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...
