By Seun Ibiyemi The Nigerian equities market closed on a bullish note on Wednesday, with investors gaining N390 billion following renewed buying interest driven by strong corporate earnings and positive global signals. Market performance was buoyed by the release of full-year 2025 financial results by listed companies, as well as Nigeria’s reclassification by FTSE Russell…
By Seun Ibiyemi Dangote Petroleum Refinery & Petrochemicals has announced that its price for Premium Motor Spirit (PMS), commonly known as petrol, remains unchanged despite growing concerns over potential volatility in Nigeria’s downstream oil market. A source within the company confirmed that the refinery’s pricing structure is still intact, with the gantry price maintained at…
By Seun Ibiyemi The Nigerian National Petroleum Company Limited (NNPC Ltd) has commenced the export of a new crude oil grade, Cawthorne, marking a significant milestone in its drive to boost Nigeria’s oil production and expand its portfolio of globally competitive export streams. The company confirmed that the maiden cargo of the Cawthorne blend was…
