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Tuesday, October 6, 2026
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CATEGORY

Markets

NNPC Commits N473.8bn To Major Gas Infrastructure

The Nigerian National Petroleum Company Limited committed N473.8bn to gas infrastructure projects, including the proposed Nigeria-Morocco Gas Pipeline, in 2025, while N25.7bn in interest...

NPA Plans Export Reforms To Boost Foreign Exchange

The Nigerian Ports Authority said it has concluded plans to step up efforts to remove bottlenecks hampering Nigeria’s non-oil exports, with a renewed push...

FG Pays $22.5m In Charges On Controversial UAE Loan

The Federal Government paid $22.5m in charges on its controversial $1.5bn Total Return Swap financing from First Abu Dhabi Bank in the second quarter...

African Alliance Premium Falls 46.14% as Rising Expenses Undermine Profit

African Alliance Insurance Plc premiums have fallen while rising claims expenses continues to undermine profit, an unimpressive performance amid owners who are working assiduously...

GTCO Pension Managers Crosses N180bn Asset Under Management

Total assets under management (AUM) at Guaranty Trust Pension Managers, a subsidiary of Guaranty Trust Holding Company (GTCO) Plc, has crossed ₦180 billion in...

Taraku Mills Begins Test-run Production After Years of Inactivity

Taraku Mills Ltd. has begun test-run production of Golden Soya Oil following the delivery of 300 tonnes of soyabean to the revived agro-industrial plant...

Two-day Profit-taking Drags NGX Down By N894bn

The Nigerian equities market closed the final trading session of September on a pronounced bearish note, extending its downward momentum to a second consecutive...

InfraCredit Builds Capacity As Infrastructure Pipeline Grows

Infrastructure Credit Guarantee Company Plc is strengthening its institutional capacity as its pipeline of infrastructure transactions grows, with the company securing a $50m subordinated...

MTN Nigeria Insider Sells Stake Through NGX

An insider at MTN Nigeria Communications Plc has offloaded a portion of their equity holding in the telecom giant, executing a multi-million-naira share divestment...

NMDPRA Plans Gas Distribution Licensing Round

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has announced plans to open a digital licensing round for gas distribution areas across the country...

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