Business

NUPRC: Nigeria cuts crude oil losses by 90%, from $7m daily to $700,000

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says crude oil losses in Nigeria have dropped by about 90 per cent…

6 months ago

Nigeria secures AfDB backing for agric expansion as SAPZ extends to 24 states

Nigeria has secured fresh commitments from the African Development Bank (AfDB) to expand the Special Agro-Industrial Processing Zones (SAPZ) programme…

6 months ago

Dangote refinery resumes petrol sales in naira after govt intervention

The Dangote Petroleum Refinery has reinstated sales of petrol in naira following intervention by the Federal Government’s naira-for-crude technical committee,…

6 months ago

Stock market investors gain N618bn

The stock market closed the week with a gain of N618 billion on Friday, September 26, 2025, due to sustained…

6 months ago

Stock market reverses loss with N279bn gain

The Nigerian stock market reversed losses by 0.31 per cent on Thursday, September 25, 2025, recording N279 billion gain for…

6 months ago

DBN disburses N1.1trn to 700,000 MSMEs

The Development Bank of Nigeria (DBN) has disbursed over N1.1 trillion to more than 700,000 Micro, Small and Medium Enterprises…

6 months ago

NUPRC approves TotalEnergies’ $510m divestment in OML 118 to Shell, Agip

NUPRC approThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved a $510 million Sales Purchase Agreement (SPA) that will see…

6 months ago

AMCON offloads 34% Unity Bank stake to Providus ahead of merger vote

The Asset Management Corporation of Nigeria (AMCON) has sold its 34.22% holding in Unity Bank Plc to Providus Bank, clearing…

6 months ago

Again, stock market declines by 0.15%

The Nigerian stock market closed lower on Wednesday, September 24, 2025, as performance indices dipped by 0.15 per cent. This…

6 months ago

Oil prices hit seven-week high on supply concerns

iOil prices rose about 3% on Wednesday, reaching a seven-week high, after U.S. crude inventories posted an unexpected decline and…

6 months ago

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