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Author: Markets Reporters

Energy FEATURED Latest TOP STORIES 

Dangote’s Domestic Petrol Supply to Jump 50% as Refinery Maxes Out at 650,000bpd

February 12, 2026February 12, 2026 Markets Reporters 0 Comments Aliko Dangote, Dangote refinery

The Dangote Petroleum Refinery has achieved a major operational milestone with the full restoration and optimisation of its Crude Distillation

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Energy FEATURED Latest TOP STORIES 

Dangote Refinery Cuts Petrol Gantry Price to N774/Litre

February 10, 2026February 10, 2026 Markets Reporters 0 Comments Dangote refinery, Petrol gantry price

Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit by N25 per litre, lowering its ex-depot/gantry rate from

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Economics FEATURED Latest TOP STORIES 

Frigoglass Hands Over Beta Glass to Helios Investment Partners After €100m Deal

February 6, 2026February 6, 2026 Markets Reporters 0 Comments Beta Glass, Frigoglass, Helios Investment Partners

Frigoglass Group has announced the successful completion of the sale of its Nigerian glass business to Helios Investment Partners (acting

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Energy FEATURED Latest TOP STORIES 

Aradel’s Asset Base Tops N10trn on Shell and ND Western Deals

February 4, 2026February 4, 2026 Markets Reporters 0 Comments Adegbite Falade, Aradel Holdings, ND Western, Renaissance Africa Energy Company

Aradel Holdings, a major Nigerian oil and gas independent, saw its total assets grow almost sixfold last year to N10.4

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FEATURED Latest Money TOP STORIES 

Wema Bank Hits N1trn Valuation for First Time as Shares Rise

February 3, 2026February 3, 2026 Markets Reporters 0 Comments trillion naira valuation club, Wema Bank

Midsize lender Wema Bank is the latest to join the exclusive club of listed companies with at least N1 trillion

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Economics FEATURED Latest TOP STORIES 

UAC Profit Hits Three-Year Low on N21bn Chivita, Hollandia Acquisition

February 2, 2026February 2, 2026 Markets Reporters 0 Comments CHI Limited, Chivita|Hollandia, UAC of Nigeria Plc

UAC of Nigeria Plc saw its profit fall to the lowest level since 2022 last year, weighed down by hefty

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Energy FEATURED Latest TOP STORIES 

Shell Nigeria Begins Turnaround Maintenance at Bonga FPSO Amid Expansion Project

February 1, 2026February 1, 2026 Markets Reporters 0 Comments Bonga FPSO, SNEPCo

Shell Nigeria Exploration and Production Company Limited (SNEPCo) has commenced a turnaround maintenance activity at the Bonga Floating Production Storage

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FEATURED Latest Money TOP STORIES 

Why Nigeria’s Oldest Bank’s Profit Fell to Eight-Year Low

January 31, 2026January 31, 2026 Markets Reporters 0 Comments Femi Otedola, FirstBank, FirstHoldCo

FirstHoldCo Plc, Nigeria’s oldest banking group, posted its lowest profit in eight years in 2025 after taking a massive one-off

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FEATURED Latest Money TOP STORIES 

Nigeria’s Forex Market Liquidity Surges 355% in One Week 

January 31, 2026January 31, 2026 Markets Reporters 0 Comments

The Nigerian official foreign exchange market saw its turnover jump more than fourfold this week, according to data on trades

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Agriculture FEATURED Latest TOP STORIES 

BUA Foods’ Profit Soars as Flour Business Delivers Most Revenue Growth

January 29, 2026January 29, 2026 Markets Reporters 0 Comments BUA Foods

Nigeria’s biggest listed company by market capitalisation, BUA Foods, saw its profit after tax soared to N507.73 billion in 2025

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