Nigerian market news and social signals.
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Beta Glass Plc announced its ten-year economic contribution of over one trillion Naira at its 52nd Annual General Meeting in Lagos. During the meeting, shareholders approved key resolutions, including the reconstitution of the company's Board of Directors to drive future growth.
The Dangote Petroleum Refinery and major downstream fuel marketers have reduced the depot prices of premium motor spirit and diesel in Nigeria. The price cuts follow regulatory and federal government pressure on operators to lower energy costs across the country.
The Nigerian equities market rose on Monday, adding N3.17 trillion to investor wealth due to buying interest in banking, industrial, oil and gas, and insurance stocks. This recovery pushed the benchmark index past the 234,000-point mark.
The Nigerian equities market sustained its upward trajectory on Monday, adding N3.17 trillion to its market capitalization. This recovery was driven by renewed investor interest in the banking, industrial, oil and gas, and insurance sectors, pushing the benchmark index above 234,000 points.
Assumptions you fund your investment portfolio with just ₦35,000 every month you will be a millionaire in 24 months. This is a break down for you to see:Portfolio: NAHCO, Aradel, and GTCO1₦35,000
2₦70,585
3₦106,764
4₦143,548
5₦180,947
6₦218,970
7₦257,629
8₦296,934
United Bank for Africa Plc has announced that Emmanuel N. Nnorom will succeed Tony Elumelu as the Group Chairman of the financial institution, with the transition scheduled to take effect on August 21, 2026.
Time for me to buy more MTNN at ₦760.10. https://t.co/FF5Oa5SxoH
📈 MTN Nigeria: A Telecom Giant Still Delivering Strong GrowthMTN Nigeria Communications Plc remains one of Nigeria's largest telecommunications companies, providing voice services, broadband internet, fixed wireless access, and mobile financial services to millions of
The Federal Government has directed downstream petroleum marketers to reduce the retail prices of petrol and other refined products. Minister of State for Petroleum Resources, Heineken Lokpobiri, stated that current local pump prices should reflect the recent decline in international crude oil costs.
FGN Savings Bond for the month of July 2026, #Nigeriastockmarket #stocks #dividends #ngx #fgnsavingsbond https://t.co/s2clPRtJbS
NEPL/Seplat Energy JV Invested over N100m in School Infrastructure, Educational Development. • Celebrates academic excellence as PEARLs quiz impacts 57,000 students Felix Omoh-Asun in Abuja The NNPC Exploration and Production Limited (NEPL)/Seplat... https://t.co/79W6FAhK73 https://t.co/MEUzeB02AG
The federal government of Nigeria has reduced import tariffs on used vehicles from 15 percent to five percent, and lowered duties on brand-new vehicles from 20 percent to 10 percent to ease importing costs.
The Minister of State for Petroleum Resources has summoned oil industry stakeholders to address the discrepancy between falling global crude oil prices and local petrol rates. Meanwhile, the NMDPRA emphasized that deregulation does not permit market distortion.
The NNPC Exploration and Production Limited and Seplat Energy Joint Venture has invested over N100 million in school infrastructure and educational development. The initiative, highlighted by the PEARLs quiz competition, has impacted about 57,000 students as part of the partners' commitment to promoting academic excellence.
An energy expert has advised the Nigerian Upstream Petroleum Regulatory Commission to adopt a disciplined approach ahead of its upcoming 2026 licensing round. The advice aims to optimize upstream assets and attract strategic investments to Nigeria's oil and gas sector.
ProvidusUnity Bank has collaborated with US-based Regions Bank to host a high-level roundtable focused on expanding financing opportunities for Nigeria's oil and gas sector, reinforcing both banks' commitment to industry growth.
Nigeria's power sector experienced a 9.6 percent decline in power generation during the first quarter, with distribution companies losing 140.6 billion Naira due to operational inefficiencies and rising collection losses.
A National Revenue Summit report indicates that key economic reforms, including tax adjustments, foreign exchange unification, and fuel subsidy removal, have supported Nigeria's recovery. The report highlights doubled revenue collections while pointing out structural challenges like a low tax-to-GDP ratio and high debt service obligations.
The Nigerian Naira depreciated to 1,400 Naira per dollar in the parallel market, representing a decline from the 1,395 Naira per dollar recorded at the close of the preceding weekend.
NEPL/Seplat Energy JV celebrates academic excellence as PEARLs Quiz impacts 57,000 students - https://t.co/YTL0VeKISw
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