Markets

KEY POINTS Oil prices remained broadly stable in early Asian trading on Thursday as investors assessed the outlook for the U.S.-Iran conflict and uncertainty surrounding the movement of oil tankers …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA has proposed new regulations aimed at preventing fuel marketers and other petroleum industry players from manipulating prices, creating artificial …

KEY POINTS Oil prices climbed for a third consecutive session on Tuesday as hopes for a lasting peace agreement between the United States and Iran weakened, raising concerns that disruptions …

KEY POINTS Nigeria’s cooking gas market is experiencing another round of price reductions after the Dangote Refinery and major LPG depot operators lowered their selling prices. The Dangote Refinery reduced …

KEY POINTS Africa Finance Corporation, AFC, has invested in Dangote Petroleum Refinery’s $2.5 billion private placement, deepening its financial relationship with the Nigerian energy company after the full repayment of …

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 …