The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has renewed calls for Nigeria to strengthen its domestic refineries, citing the escalating Middle East crisis and its impact on global oil markets.

The Nigerian Communications Commission (NCC) has proposed a regulatory amendment requiring telecom operators to provide subscribers with a minimum of 14 days’ notice before deactivating SIM cards due to inactivity or post-paid churn.

Nigeria’s net foreign exchange reserves have surged by an extraordinary 772 per cent in just two years, rising from $3.99 billion at the end of 2023 to $34.80 billion by December 2025, Governor of the Central Bank of Nigeria, Olayemi Cardoso, has disclosed.

Remittance of Oil Revenues to FAAC - Edun

‎Saudi Arabia and global markets are entering a new phase of economic uncertainty as the ongoing crisis involving Iran sends shockwaves through the world’s energy markets, trading floors and supply chains. Analysts warn the disruption could mark one of the most significant tests of global oil stability in years.

The Nigerian equities market lost ₦1.4 trillion last week, reversing earlier gains as bearish sentiment dominated four of five trading sessions.