The Nigerian National Petroleum Company Limited (NNPCL) on Saturday announced the reduction of its ex-depot price of Premium Motor Spirit, commonly referred to as petrol, from N1,020 to N899 per …
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Port Harcourt Refinery operating fully, loading ongoing, NNPC maintains
The Nigerian National Petroleum Company Limited (NNPCL) has assured that the 60,000 barrels per day, bpd, old Port Harcourt Refinery remains fully operational. Recall that the Port Harcourt Refinery resumed …
Read More »STOCK WEEKLY ROUND-UP: Equities market on a roll, investors gain N1,061 trillion in one week
The Nigerian equities market is currently on a roll as investors raked in a massive profit of N1.061 trillion on the trading floor of the Nigerian Xchange (NGX) in the …
Read More »Nigeria needs $20bn to achieve economy target – Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said on Friday the country would need an extra $20 billion to achieve the economic targets by 2027. …
Read More »Nigerian equities market investors lose N72.09bn in five hours
Investors in the Nigerian equities market lost N72. 09 billion at the close of trading on Friday. This followed the dip in the share prices of stocks like MULTIVERSE, ARADEL, …
Read More »CBN gives BDCs approval to buy $25k weekly from banks
The Central Bank of Nigeria (CBN) has granted eligible Bureau De Change (BDC) operators in the country temporary access to the Nigerian Autonomous Foreign Exchange Market (NAFEM) to purchase $25,000 …
Read More »Equities market sustains bullish run as investors gain N467bn
The Nigerian equities market sustained its bullish run as investors raked in another N467 billion in profits at the close of trading on Thursday. This followed a surge in the …
Read More »NERC hands over Lagos electricity market supervision
The Nigerian Electricity Regulatory Commission (NERC) has transferred regulatory oversight of the electricity market in Lagos State to the state’s Electricity Regulatory Commission (LASERC). NERC disclosed this in a statement …
Read More »Dangote Refinery reduces petrol price to N899/per litre ahead of festive season
In a bid to provide relief to Nigerians during the Yuletide season, Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) to N899.50 per …
Read More »NERC officially transfers regulatory oversight of Lagos electricity market to state government
The Nigerian Electricity Regulatory Commission (NERC) has transferred its regulatory oversight of the electricity market in Lagos to the Lagos State Electricity Regulatory Commission (LASERC). This is in compliance with …
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