Monday, June 29, 2026
Stock market wobbles as foreign investors withdraw N243.35bn
Foreign Portfolio Investors have pulled out N243.35bn from the Nigerian capital markets in seven months primarily due to the bearish...
Read moreDetailsElumelu takes Africapitalism message to Japan
Tony Elumelu, founder and chairman of Tony Elumelu Foundation and United Bank for Africa has taken the message of Africapitalism...
Read moreDetailsStaggering crude oil inventory draw raises prices
The American Petroleum Institute (API) has estimated a staggering crude oil inventory draw of 11.1 million barrels for the week...
Read moreDetailsEquities continue free fall as investors lose N44bn Tuesday
Trading on the Nigerian equities market swayed further down on Tuesday with a decline of 0.32 percent due to price...
Read moreDetailsNigeria’s 13% contribution to drive global new-build refinery CDU capacity growth by 2023, says GlobalData
By Samson Echenim Nigeria is expected to drive new-build crude distillation unit (CDU) capacity growth in the global refinery industry...
Read moreDetailsFG generates N311.94bn from VAT in Q2, 2019 —NBS
The federal government has generated N311.94 billion from value added tax in the second quarter of 2019, the National Bureau...
Read moreDetailsEni operated NAOC, NNPC, Oando JV strikes lucky with 1tcf gas, 60m barrels condensates in OML61
The Nigerian Agip Oil Company (NAOC) joint venture (JV) comprising NNPC (60 percent), Oando (20 percent) and operated by Eni...
Read moreDetailsOil rises as hopes grow for U.S.-China trade breakthrough
Oil prices rose on Tuesday after U.S. President Donald Trump predicted a trade deal with China after positive comments by...
Read moreDetailsNNPC: Oil output rises to 2.2mbpd despite sabotage
Nigeria’s oil output, including condensates, is on the upward swing despite an increase in sabotage attacks on production facilities, according...
Read moreDetailsDiscos to repay N34bn CBN loan this year
Electricity distribution companies are expected to repay this year N34.05bn of the loan disbursed under the Central Bank of Nigeria-Nigeria...
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