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Market Snack Archive

Market Snack - August 26, 2026

Generated Aug 26, 06:00 WAT

Top movers

DEAP Capital Management & TrustDEAPCAP

₦3.80
+1.33%

Abbey BankABBEYBANK

₦8.05
0.00%

Abbey Building SocietyABBEYBDS

₦8.05
0.00%

Top stories

Oil & Gas · The Punch

Kolmani oilfield: Host community faults FG election-season promises

The host community of Bauchi State's Kolmani oilfield has urged the Federal Government to replace statements and verification visits with concrete action to remobilise exploration activities. The association also cautioned against using the project for election-season promises, keeping attention on the field's development prospects.

Macroeconomy · The Punch

Fuel subsidy proposal may scare investors, IMPI warns

IMPI cautions that Atiku’s proposed return of fuel subsidies could deter foreign investors and weaken regulatory confidence in Nigeria’s oil sector. The policy debate may be relevant to market participants assessing macroeconomic conditions, investment flows and the outlook for listed oil and gas companies.

Oil & Gas · The Punch

19 oil block licences to expire this year

NUPRC reports that 19 oil block licences in Nigeria’s upstream sector are scheduled to expire in 2026. The development may affect licence renewals, asset ownership and future production planning across the oil and gas industry, although the available details do not identify specific listed companies involved.

Oil & Gas · The Punch

Dangote raises petrol to N1,200/l despite crude price decline

Dangote Refinery has increased its petrol price to N1,200 per litre despite a decline in crude oil prices. The development is relevant to Nigerian equities because domestic fuel pricing can affect oil and gas companies, operating costs, transport expenses, inflation, and consumer-sector demand.

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