- Nigeria Must Lead Global Energy Security – Seplat CEO
- Cardano Price Tops $0.19 on Aggressive Whale Accumulation
- BPP Urges SSDC to Prioritise Compliance With Procurement Act
- Nigeria Revenue Service Backs Unified Crypto Framework
- NUPRC Seeks Deeper Industry Collaboration to Strengthen Nigeria’s Energy Future
- Nigerian Stock Market Edges Higher as Investors Gain N288bn
- NPA Expects 39 Ships in Lagos
- FG Tightens Budget Rules, Bars MDAs from Awarding Unfunded Contracts
Author: Ogochukwu Ndubuisi
Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.
Senate Defections: Umeh, Abaribe Dump ADC Sen. Victor Umeh(ADC-Anambra) and Sen.Enyinnaya Abaribe (ADC-Abia) on Tuesday announced their defections from the African Democratic Congress (ADC) to different political parties, citing leadership crises and internal disputes. Umeh, who represents Anambra Central Senatorial district, defected to the Nigeria Democratic Congress (NDC), while Abaribe, who represents Abia South Senatorial District, defected to the Labour Party (LP). President of Senate, Godswill Akpabio, announced the defections in separate letters at plenary. Umeh, in his letter, said the decision was reached after extensive consultations with key stakeholders, including his family, constituents, and political allies. “I have taken…
Nigeria Unveils Long-Term Energy Plan –NUPRC Mrs Oritsemeyiwa Eyesan, Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says Nigeria has introduced a long-term energy plan aimed at balancing economic growth, expanding energy access, and addressing climate concerns. Eyesan said this would also strengthen and position the country as a pivotal force in the evolving global energy landscape. She disclosed this at the ongoing 2026 Offshore Technology Conference (OTC) on Monday in Houston, Texas, where she presented Nigeria’s “Energy Evolution” roadmap, a plan combining fossil fuel strength with long-term sustainability goals. She said the framework outlined a 2030…
PETAN Urges Nigeria Oil Push Amid OPEC Uncertainty The Petroleum Technology Association of Nigeria (PETAN) has urged Nigeria to raise oil and gas output as shifting OPEC+ dynamics threaten global price stability. Its chairman, Mr Wole Ogunsanya, spoke with energy correspondents at the 2026 Offshore Technology Conference in Houston, Texas, on Monday. He reacted to developments within OPEC+, including reports of the United Arab Emirates (UAE) imminent exit. Ogunsanya said: “OPEC and OPEC+ have historically acted as stabilising forces. “Their role is protecting consumers from excessive prices and producers from damaging declines. Any major shift by a key player could…
Top 10 Brokers Trade N949.9bn on NGX in April Ten stockbroking firms on the Nigerian Exchange Ltd. recorded transactions worth N949.899 billion in April 2026. The performance reinforced their dominance in the equities market during the review period. According to the NGX broker performance report, the firms accounted for 52.37 per cent of total trade value. The leading firms were Cardinalstone Securities, Cordros Securities, Stanbic IBTC Stockbrokers, EFG Hermes Nigeria and Meristem Stockbrokers. Others included First Securities Brokers, Coronation Securities, United Capital Securities, Lambeth Capital and QCapital Ltd. The report stated, “Cardinalstone Securities led the market with transactions valued at…
The NNPC Ltd has signed a Memorandum of Understanding (MoU) with two Chinese companies, Sanjiang Chemical Company Limited and Xinganchen (Fuzhou) Industrial Park Operation and Management Co. Ltd, for collaboration through a potential Technical Equity Partnership in support of the completion and operation of the Port Harcourt and Warri Refineries.
Nairobi Exchange Tanks, Absa, StanChart Drag Banking Index The Nairobi Securities Exchange (NSE) All-Share Index (ASI) tanked on Monday amid selloffs in Flame Tree, Absa, Standard Chartered, Nation Media, and Coop Bank. Equity prices shed 0.8%, largely driven by NSE 10 counters, which sank 1.2%. The Kenyan bourse experienced significant volatility last week amid weak investor sentiment, with the banking index ranking among the top losers. The downbeat sentiment persisted today with losses in Flame Tree (10%), Absa (6,7%), StanChart (6.7%), Nation Media (5.7%) and Coop Bank (5.6%). NSE 20 and NSE 25 counters dropped by 1.2% and 1.1% respectively,…
GameStop has made a $55.5 billion offer on Monday to buy eBay, with the video game retailer’s Chief Executive saying the move could create a strong competitor to Amazon.
Oil prices increased on Monday amid rising tensions in the Strait of Hormuz. The United States has indicated its support for commercial shipping in the area, while Iran has warned that it will target any American intervention.
Cement company Lafarge Africa Plc’s post-earnings stock market valuation surged about 19% to N5.64 trillion, according to data obtained from the Nigerian Exchange (NGX).
Former Governor of Kano State, Rabiu Kwankwaso and former presidential candidate, Peter Obi, have defected to the Nigeria Democratic Congress (NDC), few hours after dumping the African Democratic Congress (ADC).