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Day: August 20, 2026

Oil, Gas Reforms Must Deliver Projects, Higher Output — TotalEnergies
BusinessEnergyLocal

Oil, Gas Reforms Must Deliver Projects, Higher Output — TotalEnergies

TotalEnergies EP Nigeria Limited Country Chair and Managing Director, Matthieu Bouyer, has urged the Federal Government to move beyond policy…

byayotilewaAugust 20, 2026
Oyedele Gives Account of FG’s Reforms After President’s Directive
BusinessEconomyLocal

Oyedele Gives Account of FG’s Reforms After President’s Directive

The Federal Government has defended the impact of President Bola Tinubu’s economic reforms, saying the removal of petrol subsidy and…

byayotilewaAugust 20, 2026
S&P 500 Futures Steady as Wall Street Rebounds on Lower Treasury Yields
BusinessInternationalMarket

S&P 500 Futures Steady as Wall Street Rebounds on Lower Treasury Yields

S&P 500 futures were largely unchanged early Thursday after Wall Street snapped a three-session losing streak in the previous session,…

byayotilewaAugust 20, 2026
NGX loses N5 trillion as pre-election anxiety, profit-taking trigger sell-off
BusinessLocalStock

NGX loses N5 trillion as pre-election anxiety, profit-taking trigger sell-off

Nigeria’s equities market has lost about N5 trillion in seven trading sessions, as pre-election concerns and aggressive profit-taking continue to…

byayotilewaAugust 20, 2026
Nigeria’s Energy Inflation Falls to 4.37% in July, Lowest in Four Months
BusinessEconomyLocal

Nigeria’s Energy Inflation Falls to 4.37% in July, Lowest in Four Months

Nigeria’s energy inflation rate dropped sharply to 4.37% in July 2026, marking its lowest level in four months and offering…

byayotilewaAugust 20, 2026
Dollar Demand Falls 35% as Naira Gains Ground on FX Market
BusinessEconomyLocal

Dollar Demand Falls 35% as Naira Gains Ground on FX Market

Nigeria’s demand for foreign exchange dropped sharply by 35.23 per cent to $3.42bn in April 2026, easing pressure on the…

byayotilewaAugust 20, 2026
NGX Extends Losses as Energy, Insurance Stocks Trigger N555.68bn Market Cap Drop
BusinessLocalStock

NGX Extends Losses as Energy, Insurance Stocks Trigger N555.68bn Market Cap Drop

The Nigerian Exchange Limited (NGX) extended its losing streak on Wednesday as heavy profit-taking in energy and insurance stocks pushed…

byayotilewaAugust 20, 2026
Afreximbank Emerges as Africa’s Biggest Oil and Gas Financier, Says Wale Tinubu
BusinessEnergyInternational

Afreximbank Emerges as Africa’s Biggest Oil and Gas Financier, Says Wale Tinubu

The African Export-Import Bank (Afreximbank) has emerged as the largest financier of oil and gas projects in Africa, with more…

byayotilewaAugust 20, 2026

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