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Nigerian Crude Oil Hits $113, Tops Brent

Nigerian crude oil prices surged in Asian trade on Thursday, with Brass River trading at $113 per barrel, significantly higher than Brent crude, which dipped below $95 per barrel.  
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SEC Proposes N7.5bn Capital Rule for Free Trade Zone Listings 

The Securities and Exchange Commission (SEC) has proposed a minimum paid-up share capital of ₦7.5 billion for Free Trade Zone Entities (FTZEs) seeking to raise funds from Nigeria’s capital market.  
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Dangote Refinery Exports 434m Litres Petrol in March

The Dangote Petroleum Refinery exported about 434 million litres of petrol in March 2026, after producing more than domestic demand, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).  
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NDIC Moves to Conclude Liquidation of 89 Failed Banks

The Nigeria Deposit Insurance Corporation (NDIC) has begun the final liquidation of 89 failed microfinance and mortgage banks, following their acquisition by new investors. 
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Benin, Togo, Niger Owe Nigeria $9.55m for Electricity

Three West African countries, Benin, Togo, and Niger, owe Nigeria about $9.55 million for electricity supplied in the last quarter of 2025, according to the Nigerian Electricity Regulatory Commission (NERC). 
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Inflation Rises to 15.38% in March — NBS

Nigeria’s headline inflation rate rose to 15.38 per cent in March 2026, up from 15.06 per cent recorded in February, according to the latest Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS), released on Wednesday.
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Economic Confidential is a magazine published and produced by Image Merchant Promotion (IMPR) Limited, an Abuja-based Public Relations (PR) outfit with specialty in Media Relations, Crisis Communication, Social Media, Publishing, and Integrated Marketing Communication.

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