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The Nigerian Exchange Limited sustained a remarkably positive trajectory during the final trading sessions of the week. Investors effectively added four trillion naira to their collective wealth over a brief five-day operational period. This significant appreciation reflects a renewed confidence in the underlying fundamentals of the domestic corporate sector. Market capitalisation reached an unprecedented peak…
Nigeria’s energy and maritime landscape is set for a major shift as President Bola Tinubu has approved the commencement of commercial oil drilling in Ogun State, officially positioning the state as an emerging oil-producing hub. Ogun State Governor, Dapo Abiodun, disclosed the approval on Thursday during a courtesy visit by the Flag Officer Commanding, Western…
Nigeria pumped more crude oil in the first half of 2025, but the money did not follow. Despite a modest recovery in production, the Federal Government earned ₦16.2 trillion less than projected from oil between January and June, once again exposing the fragility of an economy still heavily tied to a volatile commodity. According to…
