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Nigeria: oil firms export 80% of crude output despite local refining demand

By Obas Esiedesa Oil companies in Nigeria exported about 80 percent of the country’s crude oil production in the first quarter of 2026 despite rising demand from domestic refineries. Latest data released by the Nigerian Upstream Petroleum Regulatory Commission showed that out of the 139.93 million barrels of crude oil produced in the first three […]

Banking, industrial stocks attract investors as market rally continues 

By Peter Egwuatu   The Nigerian stock market closed at the weekend on a bullish note as investors gained about N1.1 trillion Week-on-Week, W-o-W, driven largely by renewed buying interest in banking and industrial stocks. Data from the Nigerian Exchange Limited, NGX, showed that the market capitalisation, which represents total value of stocks listed on the Exchange […]

Customs Modernisation Project to upscale Ease-of-Doing-Business — Adeniyi

By Emma Ujah,  Abuja Bureau Chief The Nigeria Customs Service Trade Modernisation Project will enhance ease of doing business, boost trade facilitation, revenue generation and raise the bar of national security. The Comptroller-General (CG) of Customs, Mr. Adewale Adeniyi, said this at the workshop for Journalists on the Nigeria Customs Service Trade Modernisation Project, in Abuja […]

Moniepoint maintains strong position in Nigeria’s agency banking

By Patrick Chidubem  Moniepoint Microfinance Bank (Moniepoint MFB) has stated its resolve to maintain leading position in Nigeria’s agency banking space, positioning its track record and distinctive service model as a game-changer for the sector. The company also noted its commitment to deepen value creation across the entire ecosystem. Beyond service provision, the bank is positioning […]

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