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Day: November 12, 2025

Seplat Energy vs Oando Plc: Which Nigerian Oil Giant is Performing Better in 2025?
EnergyLocal

Seplat Energy vs Oando Plc: Which Nigerian Oil Giant is Performing Better in 2025?

Seplat Energy and Oando Plc, two of Nigeria’s leading oil and gas firms, released their unaudited results for the nine…

byayotilewaNovember 12, 2025
NUPRC to Launch 2025 Oil Licensing Round on December 1, Aims to Boost Nigeria’s Energy Production
EnergyinvestmentLocal

NUPRC to Launch 2025 Oil Licensing Round on December 1, Aims to Boost Nigeria’s Energy Production

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially announced that the 2025 Oil Licensing Round will commence on December…

byayotilewaNovember 12, 2025
Senate Rebukes NNPCL Over N210 Trillion Discrepancies, House Adjourns Abruptly
BusinessEnergyLocal

Senate Rebukes NNPCL Over N210 Trillion Discrepancies, House Adjourns Abruptly

The Nigerian Senate has strongly rebuked the Nigerian National Petroleum Company Limited (NNPCL) for failing to appear at a scheduled…

byayotilewaNovember 12, 2025
NDIC Urges Bank Customers to Open Alternative Accounts for Faster Fund Access
BankingBusinessLocal

NDIC Urges Bank Customers to Open Alternative Accounts for Faster Fund Access

The Nigeria Deposit Insurance Corporation (NDIC) has urged bank customers nationwide to open and maintain alternative accounts in other financial…

byayotilewaNovember 12, 2025
CBN, Finance Ministry Launch DGAS to Curb Inflation and Drive 7% GDP Growth
BusinessLocalMacroeconomic

CBN, Finance Ministry Launch DGAS to Curb Inflation and Drive 7% GDP Growth

The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have launched a joint economic framework, the Dis-Inflation…

byayotilewaNovember 12, 2025
Only 44% of Social Benefits Reach Poor Nigerians, Warns World Bank
BusinessEconomyLocal

Only 44% of Social Benefits Reach Poor Nigerians, Warns World Bank

A new World Bank report has revealed that Nigeria’s social safety-net programs are failing to reach the citizens who need…

byayotilewaNovember 12, 2025
Edun Reassures Stockbrokers on Balanced Capital Gains Tax Implementation in Nigeria
BusinessFinanceLocal

Edun Reassures Stockbrokers on Balanced Capital Gains Tax Implementation in Nigeria

The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, has reassured stockbrokers and investors that the…

byayotilewaNovember 12, 2025
UBA GMD Advocates New Financing Model to Boost Africa’s Competitiveness
BusinessFinanceLocal

UBA GMD Advocates New Financing Model to Boost Africa’s Competitiveness

The Group Managing Director of United Bank for Africa (UBA) Plc, Oliver Alawuba, has urged the adoption of a new…

byayotilewaNovember 12, 2025
European Markets Rise on US Government Spending Hope and Strong Corporate Earnings
BusinessFinanceInternational

European Markets Rise on US Government Spending Hope and Strong Corporate Earnings

European markets rose broadly on Wednesday, extending gains seen earlier this week amid optimism that the U.S. government shutdown may…

byayotilewaNovember 12, 2025
N4.64tn Wiped Off NGX Market Cap as Stocks Suffer Worst Decline Since 2010
BusinessLocalMarket

N4.64tn Wiped Off NGX Market Cap as Stocks Suffer Worst Decline Since 2010

The Nigerian stock market suffered its sharpest single-day fall in over a decade on Tuesday, as bearish sentiment sent the…

byayotilewaNovember 12, 2025
Nigeria’s $2.25bn Eurobond Success Reignites Global Investor Confidence
BusinessFinanceLocalMarket

Nigeria’s $2.25bn Eurobond Success Reignites Global Investor Confidence

Nigeria has successfully raised $2.25 billion through a dual-tranche Eurobond, marking a significant comeback to the international capital market. The…

byayotilewaNovember 12, 2025
Africa’s Green Energy Future Hinges on Skilled Project Managers – PMI Warns
BusinessEnergyLocal

Africa’s Green Energy Future Hinges on Skilled Project Managers – PMI Warns

The Project Management Institute (PMI) has cautioned that Africa’s ambition to lead in the global green energy transition may fail…

byayotilewaNovember 12, 2025

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