Industry

The Nigerian stock market will today begin implementation of a new pricing methodology under which the market price of a particular share will determine the number of shares needed to effect movement in the share price. The new…
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$25bn Nigeria-Morocco gas pipeline dream drags The much-touted multi-billion-dollar Nigeria-Morocco Gas Pipeline is yet to take off owing to the alleged ‘lukewarm’ attitude of Nigerian authorities, Daily Trust learnt from credible…
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The Federal Government has been warned against importing refined petroleum products when local refineries can fill the gap. Giving the warning, a former General Manager of Corporate Planning and Business Development, Nigerian…
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The Nigerian National Petroleum Company Limited (NNPC Ltd.) and Seplat Energy Plc have held discussions on plans to increase oil and gas production across their jointly held assets. The meeting took place when the Group Chief…
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Community contractors in the Niger Delta have rejected a new directive by the Nigerian Content Development and Monitoring Board, NCDMB, over the 1% remittance, noting it is already taken by the International Oil Companies, IOC. They…
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…Insurance stocks lead declines as Dangote Sugar, ETI weigh on blue chips The Nigerian equities market extended its sell-off on Friday, August 14, 2026, shedding N3.8 trillion in the week after closing lower for a fifth consecutive…
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In a strategic move to bridge the structural gap between Nigeria’s vast natural gas reserves and a fully functioning domestic market, JEX Markets has unveiled plans to build a regulated trading exchange aimed at curbing counterparty…
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The Nigerian Upstream Petroleum Regulatory Commission has confirmed the commencement of consultations with relevant industry stakeholders on a domestic crude oil and gas swap arrangement aimed at cutting supply costs and ensuring more…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have renewed their commitment to closer coordination as they work to improve regulation…
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According to a reports on Friday, August 14, 2026, as the global energy shock triggered by the United States and Iran conflict bites harder, the Nigerian government has bluntly rejected calls to reinstate petrol subsidies. This…
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