3 months ago
NNPCL June Profit Climbs to N535bn on N4.4tn Revenue
Nigerian National Petroleum Company Limited (NNPCL) reported a profit after tax of N535 billion for June…
3 months ago
Nigeria Rules Out Electricity Tariff Hikes as Generation Holds at 5,000MW
Power Minister Joseph Tegbe says Nigeria’s federal government will not raise electricity tariffs above their present…
3 months ago
Naira Strengthens to N1,364.83 per Dollar as August Trading Begins
The naira opened the week and August stronger at Nigeria’s official foreign-exchange window, while its parallel-market…
3 months ago
Nigerian Stocks Add N288bn Despite More Decliners Than Gainers
Nigerian equities opened the week higher on Monday, adding N288 billion in market value even as…
3 months ago
NNPCL Cuts Petrol Price by N36 to N1,299 per Litre in Abuja
Petrol prices at Nigerian National Petroleum Company Limited (NNPCL) retail stations in Abuja and nearby areas…
3 months ago
Analyst Clarifies Minister’s Remarks on Electricity Tariffs and Subsidies
Electricity-sector analyst and stakeholder Gaffar Tunde has sought to correct reports about comments by Power Minister…
3 months ago
Naira Extends Losing Streak, Closing at N1,368.22 per Dollar; Parallel Rate Hits N1,425
The naira fell for a fifth straight session in Nigeria’s official foreign-exchange market, closing the week…
3 months ago
Tight CBN Policy Deepens Nigeria’s N50tn Funding Shortfall, CPPE Warns
Nigeria’s development-finance shortfall has exceeded N50 trillion, the Centre for the Promotion of Private Enterprise (CPPE)…
3 months ago
Nigerian Petrol Retailers Cut Pump Prices After Two-Week Increase
Petrol prices have fallen at Dangote Refinery-backed MRS stations and other retailers across Nigeria, reversing part…
3 months ago
Analyst Faults Tinubu Government for Failing to Cushion Impact of Key Reforms
Financial analyst Kalu Aja has identified the absence of meaningful relief measures as the central weakness…