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PENGASSAN Urges FG to Sell 51% Stake in NNPCL Refineries to Core Investors
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has renewed its…
FG Commits 5% of GDP to Manufacturing Growth Under Nigeria Industrial Plan
The Federal Government has pledged to channel up to five per cent of Nigeria’s Gross Domestic Product annually into…
Nigerian Equities Market Gains N1.698 Trillion as Investors Flock to Blue-Chip…
The Nigerian equities market maintained its positive streak yesterday, recording a remarkable N1.698 trillion gain…
Treasury Bills Oversubscription Hits 272% as Yields Ease at Nigerian Auction
Investors rushed to the Nigerian Treasury Bills primary market on Wednesday, pushing total subscriptions to a…
Tinubu’s Executive Order to Boost FG, State, and LG Revenues by N15tn: Direct Oil…
President Bola Tinubu’s latest Executive Order is set to transform Nigeria’s oil and gas revenue system, with…
MPC Weighs Policy Easing as Inflation Declines, Analysts Eye Possible Rate Cut
Nigeria’s Monetary Policy Committee (MPC) is preparing for its February 23–24 meeting amid growing debate over…
CBN Pushes for Safer Digital Cross-Border Payments to Boost Financial Inclusion
The Central Bank of Nigeria (CBN) has emphasized the transformative potential of digital cross-border payments…
CNG Stations Rollout Falls Short of 2025 Target Despite $2 Billion Investment
Despite securing over $2 billion in private sector funding since 2023, Nigeria’s Compressed Natural Gas (CNG)…
CBN Warns Digital Payment Growth Could Spark Currency Substitution and FX…
The Central Bank of Nigeria (CBN) has raised alarms over the rapid expansion of digital payments, warning that…
GTCO Leads Rally as Nigerian All-Share Index Tops 193,000 Points
The Nigerian stock market ended the trading session on a high note on February 19, 2026, with the All-Share Index…
PENGASSAN Rejects Tinubu’s Executive Order on Oil Revenues, Warns of Investor…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has raised serious objections to…
Nigeria Eyes 18% Tax-to-GDP Ratio Through Digital Reforms – Finance Minister Edun
Nigeria is aiming to raise its tax-to-GDP ratio to 18 percent in the medium term, thanks to a series of tax reforms…
FMDQ Exchange Records N676.7 Trillion Turnover in 2025, Signals Strong Market…
Nigeria’s fixed income and foreign exchange market achieved a landmark turnover of N676.71 trillion on the FMDQ…
Nigeria’s Borrowing Costs Fall as Treasury Bills and FGN Bonds Rally on Strong…
Nigeria’s borrowing costs eased across its fixed-income market on Thursday, February 19, 2026, as yields on…
Naira Hits Two-Year High at N1,347/$ as FX Liquidity Improves
The naira has surged to its strongest level in nearly two years, trading at N1,347.78/$ in the official market,…
Investors Gain N1.7tn as Banking and Industrial Stocks Rally on Nigerian Exchange
Investors gained N1.7 trillion at the close of trading on Thursday as renewed buying interest in banking and…
Net Zero in Oil & Gas: Industry Leaders Outline Practical Strategies at…
Oil and gas industry leaders have emphasized that achieving net zero in oil and gas operations requires more than…
Nigerian Stock Market Loses N577bn as Investors Take Profits – NGX ASI Dips 0.47%
The Nigerian stock market yesterday experienced a significant pullback, halting its 11-day winning streak as…
Dawes Island Field Success Signals Growing Confidence in Nigerian Indigenous Oil…
Petralon Energy has received high praise from Shell Western Supply and Trading for successfully developing the…
CNG Stations Rollout Falls Short of 2025 Target Despite $2B Investment in Nigeria
Despite securing more than $2 billion in private sector investments over the past two years, Nigeria’s ambitious…
Bank Recapitalisation Could Bridge $120B African Trade Finance Gap, Says…
Afreximbank has advised the Nigerian government to use ongoing bank recapitalisation as a strategic tool to address…
Unpaid Electricity Bills Hit N6 Trillion as Nigeria’s Power Sector Faces Liquidity…
Nigeria’s power sector is facing a deepening financial crisis as electricity generation companies, under the…
Naira Depreciates to N1,340/$ as Parallel Market Hits N1,400/$ Amid Dollar…
The Nigerian naira recorded a marginal depreciation on Wednesday, trading at N1,340/$ at the official market, down…
NGX: Commercial paper debuts with Dangote Cement’s N119.87bn issuance
Nigeria’s capital market reached a new milestone as Dangote Cement Plc launched its first Commercial Paper (CP)…
CBN Governor Urges Banks to Drive Africa’s Industrialisation and Green Finance
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has called on banks and development finance…
FCMB Drives NGX Rebound as Shares Worth N35.8 Billion Trade on Customs Street
The Nigerian Exchange (NGX) rebounded strongly on Wednesday, February 18, 2026, closing 1,106.72 points higher at…
FG Targets 15% Trade Cost Reduction with New Industrial Policy to Boost…
The federal government has rolled out an ambitious industrial policy aimed at reducing trade costs in Nigeria by at…
Nigeria’s Crude Oil Production Hits 1.64mbpd in 2025 Amid Rising Local Investment
Nigeria’s crude oil production surged to 1.64 million barrels per day (mbpd) in 2025, marking a 5.8% increase from…
NNPC Gas Master Plan 2026: Nigeria Set to Boost Gas Supply by 1.8 Bcf/d
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced ambitious plans to increase the country’s…
Nigeria’s Foreign Reserves Hit $48.5bn, Highest Level Since 2013
Nigeria’s foreign reserves have climbed to $48.5 billion, marking the highest level recorded since May 2013.…