Two Nigerian blue-chip companies exit NGX30 after H1 Index review
Two Nigerian blue-chip, or top-listed, companies took the exit door at the Nigerian Exchange Limited 30 Index after a review of first-half 2025 performance.This...
Business & Money · Page 61
NNPCL announces N6.008tn revenue, 1.63 mbpd crude production in May
The Nigerian National Petroleum Company Limited (NNPCL) has announced N6.008 trillion revenue for the month of May 2025.May’s revenue is a slight rise from the...
Dangote Refinery reduces fuel price as petrol marketers hold emergency meeting
Nigeria’s Dangote Refinery has reduced its premium motor spirit ex-depot price to N840 from N880 per litre.This comes as petroleum product marketers plan an eme...
African leaders have no basic economic knowledge to develop continent – Obasanjo
Former Nigerian President, Olusegun Obasanjo has taken a swipe at Africa’s political elite, saying they lack the basic economic knowledge needed to drive the co...
Naira records massive appreciation against dollar at official market
The Naira recorded massive appreciation against the dollar at the official foreign exchange market on Thursday.According to the Central Bank of Nigeria’s foreig...
Tinubu signs Tax Reform Bills into law
President Bola Tinubu has signed four tax reform bills into law, signalling what he described as a bold new era of economic governance in the country.The Presid...
Naira continues depreciation against dollar at official forex market
The naira continued depreciation against the dollar at the official foreign exchange market on Wednesday.The Central Bank of Nigeria exchange rate data on Wedne...
Nigerian Senate passes N1.485 trillion 2025 budget for Rivers State
The Nigerian senate on Wednesday, passed the 2025 budget of Rivers State, to the tune of N1.485 trillion.The passage came after the third reading of the appropr...
DMO finalises settlement for N100bn oversubscribed FGN bond
Nigeria’s Debt Management Office has said settlement for N100 billion bonds is scheduled for Wednesday, June 25, 2025.This marks the conclusion of the successfu...
Israel-Iran war: Nigerian fuel prices to drop on easing global crude cost – Marketers
The escalated prices of premium motor spirit in the Nigerian retail market are expected to cool off following the easing of global crude oil prices.The Independ...
Concerns over missing N210 trillion NNPCL funds as TI, Nigerians demand thorough probe
Again, the financial transparency of the Nigerian National Petroleum Company Limited is under public scrutiny over missing N210 trillion in its 2017-2023 audite...
Transparency in PIA can unlock investment in oil sector – Stakeholders assess NUPRC
Experts and civil society representatives have asserted that the effective implementation of the Petroleum Industry Act, PIA, could unlock long-term investments...