1+ day, 3+ hour ago   (526+ words) Oil prices rose more than 8% week-on-week as attacks on tankers and energy facilities in the Middle East raised concerns over extended supply disruptions. International benchmark Brent crude futures for November delivery traded at $104.09 per barrel on Friday, up 8.1% from last…...

6+ day, 20+ hour ago   (467+ words) The Dangote Petroleum Refinery and Petrochemicals (DPRP) has unveiled plans for a landmark Initial Public Offering (IPO) valued at approximately ₦2.15 trillion (US$1.6 billion), with a targeted participation of up to 10 million Nigerian investors through a secure and technology-driven subscription process…...

1+ week, 18+ hour ago   (644+ words) HBM Nigeria Plc has been considered a fundamental building block in the construction of value investors’ portfolios by the research subsidiary of the Lagos-headquartered investment firm WSTC Securities Limited. Equities analysts at WSTC Securities Limited are positive on HMB Nigeria…...

1+ week, 19+ hour ago   (374+ words) Money market rates eased over the last week due to excess liquidity in the banking system, reflecting a lack of significant funding pressure. The movement in short-term benchmark rates was influenced by banks’ placements in the standing deposit facility, primary…...

1+ week, 20+ hour ago   (468+ words) President Bola Tinubu has authorised the disbursement of the Cabotage Vessel Financing Fund (CVFF), with the Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, directing the Nigeria Maritime Administration and Safety Agency (NIMASA) and 12 Primary Lending Institutions (PLIs) to…...

1+ week, 20+ hour ago   (660+ words) Mr George Ene-Ita, Head, Public Affairs, NMDPRA, made this known in an interview with the News Agency of Nigeria in Abuja on Sunday. Ene-Ita described the issues surrounding continuous fuel price increases as knotty, adding that fuel prices have been…...

1+ week, 2+ day ago   (737+ words) Oil prices end the week higher on Friday as renewed military tensions between the US and Iran and persistent security risks in the Strait of Hormuz revived concerns over disruptions to global energy supplies. International benchmark Brent crude futures for…...

1+ week, 6+ day ago   (349+ words) Wall Street dwindled as higher US Treasury yields weighed on investors’ sentiment. Top semiconductor and AI stocks were also affected as global sentiment shifted toward risk-free assets. Higher Treasury yields weighed on Wall Street, where the Dow Jones closed 0.70% lower,…...

2+ week, 6+ day ago   (616+ words) The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it recorded a decline in fuel supply and consumption in July compared to June, even as diesel stock sufficiency improved significantly. According to the NMDPRA monthly Factsheet for July 2026, crude…...

3+ week, 6+ hour ago   (543+ words) Oil prices fell on Monday as escalating economic tensions between the US and Iran, renewed US-Canada trade friction, and uncertainty over the Federal Reserve’s (Fed) monetary policy outlook weighed on market sentiment. International benchmark Brent crude futures for November delivery…...