Business

The figures, contained in OPEC’s September 2026 Monthly Oil Market Report, showed that Nigeria’s crude production averaged 1.50 million barrels per day (mbpd) in August, compared with 1.505mbpd in July.

GTCO, Access Holdings, United Bank for Africa and Fidelity Bank secured extensions from the Nigerian Exchange Limited to September 30 to submit their audited half-year results.

Nigeria’s imports from China increased from ₦5.10 trillion in the first quarter of 2026 to ₦5.92 trillion in the second quarter, according to the latest Foreign Trade in Goods Statistics from the National Bureau of Statistics.

Flutterwave is bringing a new digital payment route to Dangote Petroleum Refinery and Petrochemicals' ₦525-per-share IPO, allowing Nigerians at home and abroad to fund subscriptions through web and mobile channels.

The nine material cases met the ₦100 million materiality threshold and relate to disputes arising in the ordinary course of the refinery’s operations.

The Minister of Power, Joseph Tegbe, disclosed this during engagements with Chinese companies in Beijing as part of an ongoing Nigeria-China power sector mission.

Nigeria’s $337 billion climate financing requirement puts the spotlight on private capital, bankable projects and whether its green ambitions can deliver jobs and economic growth.

Mumuni Dagazau, Executive Vice President, Downstream, NNPC Limited, disclosed this on Thursday in Abuja during the commissioning of a technology-driven service station with electric vehicle charging facilities on Bill Clinton Drive, Airport Road.

Nigeria has been urged to measure FDI by actual capital deployment rather than investment announcements. Experts say jobs, technology transfer, exports and local supply-chain participation should be key measures of success. Policy uncertainty, regulatory complexity and infrastructure constraints...

The company plans to sell 4.1 billion shares at ₦525 each, potentially raising about ₦2.15 trillion, with the offer targeting millions of retail investors. Trading is expected to begin on the Nigerian Exchange in November.