Banking system liquidity surged to N7.35 trillion as the Central Bank of Nigeria (CBN) lowered rates on Open Market Operation...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained largely stable on...
Broad-based selling intensified on the Nigerian Exchange (NGX) on Wednesday with five equities hitting the Exchange’s maximum daily decline as...
Champion Breweries Plc and VFD Group Plc bucked the broader market trend on Wednesday as both stocks recorded strong gains...
Banking stocks remained the Nigerian Exchange’s (NGX) primary source of liquidity on Wednesday as Zenith Bank Plc recorded the highest...
Building the systems that turn potential into prosperity. Part II: The Doorway Is Visibility One of Africa’s greatest economic paradoxes...
The cost of transporting oil through the Strait of Hormuz has surged to as much as $20 million per voyage...
Dangote Industries’ plan to invest about $40 billion in energy projects over five years is confronting a major test over...
Dangote Petroleum Refinery generated N19.13 trillion in revenue and approximately N2.50 trillion in profit after tax in the first half...
Dangote Petroleum Refinery expects the global shortage of petrol, diesel and other refined fuels to persist beyond the end of the US-Iran conflict as damaged processing...
Buying interest was scarce on the Nigerian Exchange (NGX) on Tuesday as widespread selling pressure outweighed advances across the market, leaving Ellah Lakes Plc as the...
Dangote Petroleum Refinery is preparing for one of the most consequential listings in the history of Nigeria’s capital market with the company seeking to raise about...
Dangote Petroleum Refinery plans to invest $14.3 billion to double processing capacity to 1.4 million barrels per day as the company prepares to raise N2.15 trillion...
The exchange-traded fund (ETF) market delivered a mixed performance on the Nigerian Exchange (NGX) on Monday as NEWGOLD ETF recorded the strongest gain, while several other...
The Nigerian Exchange (NGX) extended its bullish momentum on Monday as sustained buying in heavyweight stocks lifted equity market capitalisation above the N160 trillion mark. The...
Goldman Sachs has warned that crude oil prices could surge to as high as $120 per barrel if attacks on vessels in the Middle East intensify...
Crude oil prices climbed more than $1 per barrel on Monday, pushing Brent above $97 as escalating attacks on oil tankers by the United States and...
Nigeria’s persistent battle against oil theft and pipeline vandalism has returned to focus following a deadly incident in Rivers State that reportedly killed dozens of people...
Nigeria’s Securities and Exchange Commission (SEC) has approved Dangote Petroleum Refinery’s initial public offering of 4.1 billion shares at N525 each, setting the stage for a...
