- European Gas Prices Climb on LNG Supply Concerns
- Oil Prices Decline as G7 Plans to Release 100m from Reserves
- OKX Applies to SEC to Launch Tokenised Stock Trading Platform
- XRP Price Tops $1.52 Ahead of Ripple XRPL Protocol Upgrades
- Stanbic IBTC Profit Surge Masks Major Shift in Earnings Mix
- Access Holdings Results in Limbo: Third Extension Puts Investors on Alert
- Iran’s Oil Minister Mohsen Paknejad Resigns
- MTN Nigeria Drops on Selloffs, Analysts Differ on Future Price
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.
NNPC Ltd. Records N481bn Profit in April The Nigerian National Petroleum Company Limited (NNPC Ltd.), says it has recorded N481 billion Profit After Tax (PAT) for April 2026. The development represented a sharp jump from the N276 billion posted in March, the company said in the April Monthly Report Summary, released on its X handle. The company said its crude oil and condensate production rose to 1.68 million barrels per day (mmbopd) in April, representing a 7.69 per cent increase from the March production level. The NNPC Ltd said revenue from oil hit N4.971 trillion for the month, up from…
The average yield on Nigerian Treasury bills eased slightly by 6 basis points (bps) week on week to 17.51% on Friday, as deposit money banks and other portfolio managers remain bullish.
The equities market sustained its positive momentum in May, with investors gaining N4.514 trillion as renewed buying interest in financial services and consumer goods stocks lifted overall market performance.
Zcash (ZECUSD) rose by 5.05% to $546.98 amid weak cryptocurrency market conditions, after significant sell pressure had driven its market value lower.
GCR Ratings (GCR) has affirmed Access Bank Plc’s national scale long and short-term issuer ratings of AA(NG) and A1+(NG), respectively, while the outlook is stable.
Oil market posts weekly losses as progress toward a US-Iran ceasefire agreement eases concerns over potential supply disruptions through the strategic Strait of Hormuz.
The Nigerian Exchange (NGX) All-Share Index rebounded on Friday, closing the last trading day of May on a bullish note, with investor portfolios increasing by N414 billion.
The National Bureau of Statistics (NBS), says the average retail price of a litre of kerosene increased from N2,430.38 recorded in March to N2,976.94 in April.
At 2026 Ojude Oba, FCMB Embraces Continuity and Enterprise For visitors arriving in the southwestern Nigerian town of Ijebu-Ode, the Ojude Oba festival first appears as a spectacle. Thousands in embroidered fabrics honour the Awujale, Ijebuland’s traditional ruler, as horse riders thunder across open grounds and regberegbe parade in coordinated colours. Cameras flash and drums echo throughout the city. However, beneath the visual grandeur, there is something more enduring: a functioning ecosystem of heritage, commerce and intergenerational identity. This deeper meaning is also reshaping how Nigerian companies position themselves in relation to one of West Africa’s most prominent cultural festivals. Among the…
Oil prices declined as the global commodity market reacted to a tentative 60-day ceasefire extension between the United States and Iran, pending President Trump’s approval, easing oil price pressures and broadly supporting emerging-market currencies.