Dangote Rejects NNPC Bid for Bigger Refinery Stake Ahead of Public Share Offer
The President of the Dangote Group, Aliko Dangote, has revealed that the company rejected attempts by the Nigerian National Petroleum...
PenCom Removes Pre-Approval Requirement for Pension Advertisements
The National Pension Commission has abolished the requirement for Pension Fund Administrators (PFAs) to obtain prior written approval before releasing...
NGX Extends Rally as All-Share Index Hits Record 252,411 Points
The Nigerian Exchange continued its bullish run on May 12, 2026, with the All-Share Index rising by 1,926.1 points to...
Nigeria’s Daily Petrol Consumption Rises to 51.1 Million Litres in April
Nigeria recorded a sharp increase in daily petrol consumption in April 2026, with demand rising to 51.1 million litres per...
DMO Announces N600bn FGN Bond Auction for May 2026
The Debt Management Office (DMO) has announced a fresh N600 billion Federal Government of Nigeria bond auction scheduled for May...
Dangote Refinery Exports 1.66 Billion Litres of Fuel Amid Global Supply Concerns
Fresh data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority has revealed that Dangote Petroleum Refinery & Petrochemicals exported...
Nigeria Misses OPEC Oil Production Quota Again Despite Output Increase
Nigeria has again failed to meet its crude oil production quota set by Organisation of the Petroleum Exporting Countries (OPEC)...
Nigeria’s Oil Output Rises to 1.663 Million bpd in April
Nigeria recorded a strong rebound in oil production in April 2026, with combined daily average crude oil and condensate output...
FCCPC Backs LASERC Reforms to End Estimated Billing in Lagos
The Federal Competition and Consumer Protection Commission (FCCPC) has commended the Lagos State Electricity Regulatory Commission (LASERC) for introducing consumer-focused...
UBA Reaffirms Commitment to Africa’s Economic Growth at Africa Forward Summit
United Bank for Africa Plc (UBA) has reaffirmed its commitment to advancing Africa’s economic transformation through entrepreneurship, innovation, trade facilitation,...
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