Business

NGX investors lose N1.67trn as market cap drops to N157trn

The Nigerian stock market closed bearish on Wednesday, September 9, 2026, extending its losses and eroding investors wealth by N1.672…

3 weeks ago

Court extends order shielding Dangote refinery from NMDPRA action

The Federal High Court in Lagos has extended an interim order restraining the Nigerian Midstream and Downstream Petroleum Regulatory Authority…

3 weeks ago

Bitcoin climbs above $79,000 as crypto funds draw fresh inflows

Bitcoin recovered above the $79,000 mark on Wednesday as renewed demand for cryptocurrency investment products helped the digital asset regain…

3 weeks ago

NUPRC moves to revoke idle flare gas permits

The Nigerian Upstream Petroleum Regulatory Commission has warned investors holding flare gas commercialisation awards that failure to make meaningful progress…

3 weeks ago

Brent crude tops $100 as US-Iran tensions intensify

Brent crude oil has climbed above $100 per barrel as renewed hostilities between the United States and Iran heighten fears…

3 weeks ago

Reps probe NNPCL, oil firms over N432bn regulatory debt

The House of Representatives has commenced a probe into billions of naira in outstanding regulatory obligations owed to the Nigerian…

3 weeks ago

Nigerians with BVN can own stake in refinery through IPO — Dangote

President of Dangote Industries Limited, Aliko Dangote, says ordinary Nigerians will be able to acquire shares in the Dangote Petroleum…

3 weeks ago

Dangote refinery IPO triggers N1.88trn loss in stock market

The Nigerian stock market on Tuesday halted its three-day bullish rally as investors lost N1.879 trillion, following increased sell-offs ahead…

3 weeks ago

FG woos Austrian investors, says Nigeria offers over 20% dollar returns

The Federal Government has urged Austrian businesses to invest in Nigeria, claiming that some existing investors in the country are…

3 weeks ago

Nigeria-South Africa trade hits N1.34trn in first half of 2026

Trade between Nigeria and South Africa rose to N1.34 trillion in the first half of 2026, exceeding the total value…

3 weeks ago

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