Fresh Petrol and Diesel Cargoes Arrive as Nigeria’s Fuel Supply Improves
Fresh supplies of petrol and diesel are arriving at major coastal terminals in Lagos and Warri, offering a potential boost…
Day: August 17, 2026
FG Unveils 70:30 Profit-Oil Split to Attract New Deep Offshore Investments
The Federal Government has introduced a major fiscal incentive aimed at attracting fresh investment into Nigeria’s deep offshore oil and…
Nigeria Exports N306bn Worth of Jet A1 to Europe and West Africa as Global Fuel Market Shifts
Nigeria has exported about 245,000 tonnes of Jet A1 aviation fuel valued at N306 billion ($223 million) to destinations across…
Nigeria’s Net FX Flow Drops 29% to $4.94 Billion in March 2026
Nigeria’s net foreign exchange (FX) flow fell sharply to $4.94 billion in March 2026, representing a 29% decline from the…
CBN Policy Change Sends OMO Demand Soaring to N6.01tn as Investors Rush In
The Central Bank of Nigeria’s (CBN) decision to widen access to Open Market Operation (OMO) securities has triggered a sharp…
CBN Boosts FX Interventions to $953m as Dollar Demand Rebounds
The Central Bank of Nigeria (CBN) significantly increased its foreign exchange interventions in March 2026, selling $953.41 million into the…
U.S. Stock Futures Slip as S&P 500 Rally Faces Fresh Test
U.S. stock futures edged lower on Monday as investors took a cautious approach following the S&P 500’s third straight weekly…
SEC Bans Capital Market Firms From Dealing With North Korea, Iran
The Securities and Exchange Commission (SEC) has ordered Nigerian capital market firms to stop conducting business with financial institutions linked…
Nigerian Stocks Enter Healthy Correction as Investors Hunt for Bargains
Nigerian stocks are undergoing a period of market correction as investors take profits after a strong year-to-date rally, with analysts…
NGX Postpones New Pricing Rules Hours Before Scheduled Monday Take-Off
The Nigerian Exchange (NGX) has postponed the implementation of its revised pricing methodology for equities trading, just a day before…
NGX Trading Volume Soars 127% to N176bn as Investors Rebalance Portfolios
Trading activity on the Nigerian Exchange Limited (NGX) jumped sharply in the week ended August 14, 2026, with investors exchanging…