NNPC Achieves Milestone with First Export of 950,000 Barrels of Cawthorne Blend Crude

April 2, 2026

Nigeria’s oil reserves recorded a slight decline in 2026, while natural gas resources expanded, reflecting a gradual shift in the...

33 Nigerian Banks Meet New Capital Thresholds, Raising N4.65tn Under CBN Recapitalisation

The Central Bank of Nigeria (CBN) on Wednesday announced that 33 banks have met the new minimum capital requirements under...

FGN Bond Auction in March 2026 Oversubscribed by 4.28% Despite Lower Allotments

The Federal Government of Nigeria (FGN) bond auction in March 2026 recorded robust investor demand, with bids exceeding supply by...

GTCO Declares N12.76 Total Dividend, Marks 59% Growth Despite Profit Dip

Guaranty Trust Holding Company Plc (GTCO) has announced an interim dividend of N11.76 kobo per 50 kobo ordinary share, reflecting...

Ogun LPG Retailers Urged to Prioritise Safety, Shun Dangerous Practices

The Ogun State Coordinator of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Dr Akinyemi Atilola, has called on Liquefied...

Tinubu’s Naira-for-Crude Policy Shields Nigeria from Global Fuel Shortages Amid Middle East Crisis

President Bola Tinubu’s naira-for-crude initiative has reportedly insulated Nigeria from the severe fuel scarcity hitting major economies worldwide amid the...

Sterling Bank Marks One Year of Zero Transfer Fees, Returns ₦1.6 Billion to Customers

Sterling Bank is celebrating the first anniversary of its Zero Transfer Fees policy, which has returned over ₦1.6 billion directly...

Nigeria Supplies Jet Fuel to Europe as Middle East Disruptions Tighten Global Market

Nigeria has emerged as an alternative supplier of aviation fuel to Europe as disruptions linked to the US-Iran conflict tighten...

NERC Urges DisCos, Meter Providers to Speed Up Installations to Close Metering Gap