The Centre for the Promotion of Private Enterprise warned that continued issuance of petroleum-product import permits without evidence of supply shortages could weaken Nigeria’s domestic refining sector. The group said unchecked imports might reverse progress in local refining and undermine investment in domestic petroleum production capacity.
Nigerian Aviation Handling Company Plc has announced a five-year appointment by Air France-KLM as its ticketing General Sales Agent in Nigeria. The agreement adds a commercial service mandate to NAHCO’s operations and is relevant to investors tracking the company’s business activities.
Nigeria spent more than N1 trillion on steel imports in 2025, according to available National Bureau of Statistics data. The scale of imports highlights the country’s dependence on foreign steel supplies and has potential implications for domestic industrial activity and companies operating within Nigeria’s listed industrial goods sector.
OPay is reportedly planning a share listing on the Nigerian Exchange. The fintech company is expected to pursue the listing, although the available report does not provide details on timing, offer structure, valuation, or any confirmed ticker symbol.
SOLA ONI examines the recent decline in the Nigerian equities market, suggesting it may represent a market reset following months of exceptional appreciation. The commentary focuses on investor fear, changing market conditions and the potential implications for participants in NGX-listed equities.
Nigeria’s foreign exchange utilisation increased 74 per cent year-on-year to $16.2bn in the first quarter of 2026, according to the Central Bank of Nigeria’s Quarterly Statistical Bulletin. The rise was attributed to improved dollar supply and greater currency stability, indicating increased foreign exchange activity across the economy.
Investors submitted N8.62tn in bids for CBN Open Market Operations securities over two days, while yields reached 19.90 per cent. The central bank raised N4.72tn through four auctions conducted on 26 and 27 August, exceeding the combined amount initially advertised.
Nigeria’s telecommunications operators are facing higher costs linked to unreliable electricity, fibre cuts, vandalism and security challenges. The pressures may affect network reliability and industry profitability, although the report does not identify specific listed companies or provide company-level financial guidance.
The APC has criticised Atiku Abubakar’s proposal to restore fuel subsidies, warning that it could reverse economic gains. The African Democratic Congress has separately called for an account of N15.8tn reportedly generated from subsidy removal, keeping fiscal policy and petroleum-sector implications in focus.
Nigeria’s power sector reportedly lost N1.36tn in 2025 through revenue leakages, according to NERC. The regulator attributed the losses to DisCos’ failure to fully bill and collect electricity revenue, highlighting a regulatory and operating issue affecting the utilities segment.
Dangote Refinery has defended recent petrol price increases, linking them to higher crude oil acquisition costs and logistics expenses. The development places petrol prices near N1,400 per litre and is relevant to Nigeria’s downstream oil and gas industry and broader operating-cost conditions.
Lagos real estate developers have petitioned the state government over LAWMA’s alleged classification of construction materials as waste. They say the resulting charges are increasing housing costs. The issue has potential relevance for listed companies involved in construction, real estate and building-material production, although no specific company is named.
Nigeria is pursuing higher crude production of 2.5 million barrels per day through fresh investments, deepwater developments, revival of dormant fields and improved security of oil assets. The Nigerian Upstream Petroleum Regulatory Commission is coordinating efforts to support increased output and renewed activity across the upstream sector.
Real estate stakeholders are advocating housing subsidies and land titling reforms to lower the cost of home ownership in Nigeria. The proposals relate to housing affordability and property administration, areas that could affect activity and operating conditions across the domestic construction and real estate sector.
APM Terminals Apapa recorded a six per cent increase in export volumes in the first half of 2026. Soybeans and solid minerals were among the leading shipments, highlighting continued activity in Nigeria’s non-oil export trade and access to international markets.
Human rights lawyer Femi Falana questioned how savings from Nigeria’s fuel subsidy removal are being used. The policy, introduced in 2023, increased fuel costs and has remained a subject of government defence and public debate, with broader implications for inflation and economic conditions.
Dangote Petroleum Refinery is considering restricting Premium Motor Spirit sales to major marketers that continue importing petrol, citing concerns about product quality. The potential supply policy affects Nigeria’s downstream petroleum market, although the report does not identify specific listed marketers involved.
The Centre for the Promotion of Private Enterprise has asked NMDPRA to approve petroleum-product imports only when verified domestic supply shortfalls exist. It warned that unrestricted imports could weaken investment in local refining, making the issue relevant to Nigeria’s oil and gas sector and its regulatory environment.
The Securities and Exchange Commission says no settlement default has been recorded since Nigeria adopted the T+1 settlement cycle. SEC Director-General Emomotimi Agama described the transition as smooth and said it has been well received by local and international investors.
Petrol prices have risen above N1,300 per litre in parts of Nigeria after marketers increased pump rates three times in one week. The report highlights continued downstream price volatility and consumer concerns, a development relevant to the oil and gas sector and businesses exposed to fuel costs.