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in BusinessNigeria Awards 37 Oil Blocks in Major 2025 Licensing Round as Investors Move Into Untapped Frontier Basins
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Nigeria has awarded 37 oil and gas blocks to successful bidders in its 2025 Licensing Round, marking a major milestone in the country’s efforts to attract investment, expand exploration and unlock new hydrocarbon reserves. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced that […] More
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in Business
SUMMIT: Delta To Leverage Its Huge Infrastructure, Blue Economy, Special Economic Zone In Attracting Investments
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Delta State is positioning itself as Nigeria’s emerging investment hub by relying on its massive infrastructure development, abundant natural resources, reliable power supply and strategic maritime assets, the Secretary to the State Government (SSG), Dr. Kingsley Emu has said. Speaking during a press […] More
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in Business
Dangote Refinery Ends Naira Fuel Sales, Switches to Dollar Pricing as Petrol Prices Set to Rise
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Nigerians could soon face another increase in the cost of petrol and other petroleum products after Dangote Petroleum Refinery officially ended the sale of fuel in naira, adopting the US dollar as the sole currency for transactions at its loading depot. The new […] More
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in Business
Nigeria’s Stock Market Emerges World’s Best Performer in 2026, Delivers 67% Dollar Returns to Beat South Korea
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Nigeria’s stock market has emerged as the world’s best-performing equity market in 2026, delivering an impressive 67 percent return in U.S. dollar terms and surpassing South Korea’s 66 percent gain, according to data compiled by Bloomberg. The latest ranking places the Nigerian Exchange […] More
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in Business
Bitcoin Stages Powerful Comeback Above $64,000 as Bulls Revive $100K Price Dream
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Bitcoin has bounced back strongly above the $64,000 mark after a turbulent trading period that saw the world’s largest cryptocurrency fall toward a weekly low of $61,500, triggering fresh debate about the direction of the digital asset market. The recovery has restored confidence […] More
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in Business
Nigeria’s T+1 Settlement Reform and FTSE Russell’s Pushback
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow T+1 settlement refers to trade date plus one business day.If you buy or sell a stock on Monday, the transaction settles on Tuesday: money moves, and ownership is finalized. This reform reduces market and counterparty risk, improves efficiency, and aligns Nigeria with global […] More
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in BusinessThe Nigerian Stock Market Has Gradually Transitioned Into A World-Class Market
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow On June 1st, 2026, the Nigerian Exchange (NGX) implemented a T+1 settlement cycle, meaning all trades in our Stock market are now settled within 24 hours. This milestone came shortly after trading hours were extended from 9:30 a.m.–2:30 p.m. to 9:00 a.m.–4:00 p.m. […] More
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in Business
VP Shettima, Okonjo-Iweala, Brazilian, Chinese Investors Expected At Delta Economic Summit
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Delta State Government says it is expecting prospective investors from Brazil and a host of others from China at the forthcoming Delta State Investment and Economic Summit, while Vice President Kashim Shettima and the Director-General of the World Trade Organisation, WTO, Dr […] More
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in Business
Delta Investment Summit: Aniagwu Urges Local Businesses To Drive Investment
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Delta State Commissioner for Works (Rural Roads) and Public Information, Mr. Charles Aniagwu, has urged members of the organised private sector to move beyond discussions and presentations at the forthcoming Delta State Investment and Economic Summit and become active investors in the state’s […] More
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in BusinessPetroleum Minister Ekpo Passes Confidence Vote On Indigenous Oil Firm, LEE Engineering For Competence In Executing Nigeria’s Gas Projects
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Impressed by the expertise, speed, and quality of work being done by an indigenous oil and gas company, LEE Engineering and Construction Company Ltd that is building the Escravos-Lagos Pipeline System (EPLS) for the Nigeria National Petroleum Company (NNPC) Limited, the Minister of […] More
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in Business
Tinubu Moves to End Foreign Dominance in ₦3 Trillion Airtime Lending Market as Nigerian Firms Set to Take Over
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Federal Government is taking steps that could reshape Nigeria’s multi-trillion-naira airtime lending and data advance industry, with local technology firms positioned to play a greater role in a market long dominated by a foreign operator. The development follows reports that President Bola […] More
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in Business
Sallah Shock 2026: Nigerians Struggle as Ram Prices Hit ₦1.5 Million Ahead of Eid-el-Kabir
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Muslims across Nigeria are preparing to celebrate Eid al-Adha, popularly known as Eid-el-Kabir or Sallah, under severe economic pressure as the prices of rams and other sacrificial animals soar to record levels nationwide. The dramatic increase in livestock prices has left many families […] More
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