Dangote Petroleum Refinery and Petrochemicals plant has purchased 1 million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO), one of the largest trading companies in Nigeria as well as globally, trading over 8 million barrels of crude oil per day.

The House of Representatives has rejected representatives of Central Bank of Nigeria (CBN) Governor and Comptroller General of Nigeria Customs Service insisting they appear personally person to defend their 2024 budget proposal.

FCMB Plc has released the group earnings estimate for the first quarter of 2024 (Q1), expecting

Geregu Power Plc has released the company’s earnings expectation for the first quarter of the financial year 2024, according to its latest regulatory filing.

Trading activities on the Nigerian Exchange (NGX) are trending negative due to profit-taking in banking names like FBNH, AccessCorp, Zenith Bank, and FCMB, according to Alpha Morgan Capital’s midday equity market report.

In the commodities market, there were records of development especially in the oil segment where prices have been

The Nigerian Treasury bills (NTB) yield declined by 9 basis points as investors ramped up bills in the secondary market to compensate for lost bids at the central bank primary market auction.

The average yield on Federal Government of Nigerian (FGN) bonds declined below 15% amidst an expectation of a further rise in headline inflation.

Short-term benchmark interest rates spiked above 20% market as local deposit money banks with sizeable funding obligations are seeking liquidity to shore up their positions.

In an effort to remain a reliable store of value, the Nigerian naira reclaimed some part of its largest