Markets

KEY POINTS Oando Plc recorded a significant improvement in its financial performance in the first half of 2026, reversing a substantial operating loss reported an operating profit of N127.8 billion …

KEY POINTS Geregu Power Plc has failed to make a scheduled payment on its N40.09 billion Series 1 senior unsecured bond, raising concerns about the company’s ability to meet its …

KEY POINTS The Nigerian National Petroleum Company Limited (NNPC Ltd.) has dismissed allegations of poor performance and impropriety levelled against its management, insisting that available production figures show measurable improvements …

KEY POINTS The Pipeline Infrastructure Nigeria Limited, PINL, has disclosed that the Nigerian National Petroleum Corporation, NNPC, secured more than $20 billion in gas sale and purchase agreements over the …

KEY POINTS President Bola Tinubu has announced plans to reform the Nigerian National Petroleum Company (NNPC) and eventually list the state-owned energy company on the capital market as part of …

KEY POINTS Nigeria is targeting up to $50 billion in Offshore Investment by 2030 as the country seeks to revive its oil and gas industry, attract fresh capital and significantly …

KEY POINTS The Dangote Petroleum Refinery has announced fresh reductions in the ex-depot prices of Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (diesel), in a …

KEY POINTS Dangote Petroleum Refinery is preparing for what could become the largest Initial Public Offering (IPO) in Africa’s history, with plans to raise as much as $2 billion through …

KEY POINTS Nigerians are beginning to experience relief from the high cost of cooking gas as the price of Liquefied Petroleum Gas, LPG, commonly known as cooking gas, has fallen …

KEY POINTS Conoil Plc recorded a remarkable financial performance in the first quarter of 2026, with profit after tax rising sharply to N3.90 billion, reflecting a twelve-fold increase compared to …