By Udeme Akpan, Energy Editor The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the oil and gas industry regulator, said Nigeria’s oil output, including condensate, dropped by 8.3 percent year-on-year (YoY) to 1.544 million bpd in December 2025 from 1.684 million recorded in the corresponding period of 2024. The Commission did not provide reasons in its report released […]

By Obas Esiedesa Efforts by the Federal Government (FG) to address debts owed electricity generation companies (GenCos) may be facing increasing challenges as the debt burden rose 62.5% to N6.5 trillion at end 2025, up from N4trillion recorded at the beginning of the year. The government had flagged off the funding program through the issuance of N590 billion […]

By Peter Egwuatu Coronation Life Assurance has emphasised the need for Nigerians to take life insurance policy, noting that it will help protect them for decades. In an interview with Vanguard, Adebowale Adesona, Managing Director/CEO, Coronation Life Assurance, said: “We focus on life long term security, hence we undertake a promotional campaign that aligns with that […]

By Peter Egwuatu The Securities and Exchange Commission (SEC) has announced new minimum capital requirements for operators in Nigeria’s capital market, raising thresholds for stockbrokers, dealers, fund managers, issuing houses, and digital asset companies. In a circular released on Friday, the Commission unveiled a revised capital framework to replace the 2015 structure, giving operators until […]

The Nigerian stock market rebounded on Friday after a day of downturn, as N30 billion was added to investors’ portfolios.