Industry

Left: Chuks Okoli, EDGE Finance Advisor; Rui Chikande, EDGE Finance Advisor; Carina Dunker, EDGE Finance Team Lead (Global); Biyi Olagbami, Executive Director/Chief Risk Officer, Ecobank Nigeria; Kofo Oduntan, EDGE Finance Advisor; Kehinde…
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Nigeria generated ₦70.1 trillion in oil export revenue between January 2024 and March 2025, according to new data from the National Bureau of Statistics (NBS). Despite persistent production challenges and systemic underinvestment,…
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Again, the financial transparency of the Nigerian National Petroleum Company Limited, NNPC is under public scrutiny over missing N210 trillion in its 2017-2023 audited financial statements. On Wednesday last week, at a session of…
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The Nigerian Ports Authority (NPA), has projected N1.279 trillion revenue for the 2025 fiscal year which is 40 per cent higher than N865 billion projected for 2024 and even surpassed. Managing Director of NPA, Dr Abubakar Dantsoho…
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FILE: EFCC operatives Operatives of the Economic and Financial Crimes Commission have arrested a former Chief Financial Officer of the Nigerian National Petroleum Company Limited, Umar Isa Ajiya, in connection with an alleged $7.2…
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Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has accused petroleum marketers of exploiting Nigerians by inflating fuel prices despite a significant drop in global crude oil prices. PENGASSAN President,…
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First Bank Six leading Nigerian banks have been projected to exceed the Central Bank of Nigeria’s (CBN) N500 billion capital requirement. The banks, which include Zenith Bank, Access Bank, UBA, Guarantee Trust Bank, First Bank, and…
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Thelagostimes gathered that that the NNPC increased the fuel pump price from N895 to N945 per litre in Abuja. It also adjusted its petrol pump price to N915 per litre at several of its Lagos retail outlets. Punch Newspaper…
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Global oil prices spiked by over 2 per cent after the United States of America bombed Iran’s three nuclear sites. Oilprice.com data showed that oil prices skyrocketed as trade commenced on Monday. As of 1:16am on Monday, Brent…
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Spot gold fell 0.1% to $3 363.57 an ounce Image: Anthony Prieto/Bloomberg The dollar and oil pared an early advance, as traders awaited Tehran’s response after Washington struck Iran’s nuclear sites over the weekend. A…
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