Nigerian stocks post first net foreign inflows in four months
Foreign inflows into the Nigerian stock market surpassed outflows in July for the first time in four months, new official
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Dangote refinery scales down US crude oil imports
Dangote refinery is taking more of the country’s own oil for processing, while inflows from the US appear to be
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Nigeria jacks up passport fee by 43% amid ‘japa’ wave
The federal government has increased the cost of the nation’s passport by 42.8 percent as part of efforts to maintain
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NESG wants issues behind cost-of-living crisis addressed
The Nigerian Economic Summit Group (NESG) has said the issues contributing to the cost-of-living crisis in the country must be
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Nigeria offers $500m domestic dollar bond at 9.75%
The federal government has issued the series one of its first domestic dollar bond sale. “On behalf of the Nigerian
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NNPC posts highest-ever annual profit of N3.3trn
The Nigerian National Petroleum Company Limited reported a net profit of N3.297 trillion for the financial year ended in December
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Dangote decries lingering domestic crude supply issues
Dangote Industries Limited has said it is still unable to secure enough domestic crude supply for its 650,000-barrel-per-day refinery, urging
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NNPC distances itself from refinery sabotage
The Group Chief Executive Officer of NNPC Limited, Mele Kyari has said the company has not breached any of the
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Dangote refinery’s impact shows up in global oil markets
Nigeria’s $20 billion Dangote refinery is set to shake up international crude flows when it reaches full capacity, having already
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Nigeria secures $500m AfDB loan to boost electricity access
The Board of Directors of the African Development Bank Group has approved a loan of $500 million to the Federal
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