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Energy

Dangote Refinery Diesel Exports Surge to 50,000bpd as Global War Premium Rises

After hitting a two-year low in early 2026, Dangote Petroleum Refinery's diesel exports have staged a massive rebound in March, now averaging 50,000 barrels per day (bpd). This surge coincides...
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Energy

Dangote Refinery Diesel Exports Surge to 50,000bpd as Global War Premium Rises

Bala Augie -
After hitting a two-year low in early 2026, Dangote Petroleum Refinery's diesel exports have staged a massive rebound in...
Exclusive

Ellah Lakes Takes ₦1.7bn Hit Amid ‘Material Uncertainty’ From Failed Capital Raise

Bala Augie -
Ellah Lakes Plc, the Nigerian agri-business firm, is facing a period of "material uncertainty" following the collapse of its...
Markets

NASA Releases First Artemis II Photos of Earth From Moon Mission

Bala Augie -
NASA has released the first images taken from inside the Artemis II Orion spacecraft, where four astronauts are currently travelling on...
Markets

NASA’s Artemis II Astronauts Are Eating Tortillas, Many Cups of Coffee and a Lots of Hot Sauce

Bala Augie -
The Artemis II  mission astronauts’ menu includes foods such as macaroni and cheese, beef brisket, broccoli au gratin—and 58...
Energy

Transgrid, DEL Launch Lagos Electricity Upgrade Plan

Bala Augie -
Transgrid Enerco Limited and Decentralised Energy Limited have sealed a strategic collaboration to deploy integrated energy solutions across Lagos. The...
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Wema Bank Profit Skyrockets 125% as ‘ALAT’ Ecosystem Drives ₦194bn PAT

Bala Augie -
…Proposes ₦1.25 Dividend Payout Wema Bank Plc, Nigeria’s pioneer digital bank, has delivered a breakout financial performance for the 2025...
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Economy

Mission Accomplished: CBN Ends Recapitalization as 33 Banks Raise ₦4.65 Trillion

The Central Bank of Nigeria (CBN) has officially concluded its 24-month banking sector recapitalization programme, marking a historic shift...
Economy

Nigeria’s Apapa, TinCan Island Ports to be Refurbished With $997mn UK Export Financing

Bala Augie -
Nigeria’s two busiest ports, the Apapa and the TinCan Island Port Complex in Lagos, will be modernized by a...
Economy

Nigeria’s February Headline Inflation Inches Down to 15.06% as Core Prices Retreat

Bala Augie -
Nigeria's inflation trajectory showed a complex divergence in February 2026. While the Headline Inflation rate recorded its second consecutive...
Economics

Nigeria and Angola Lead Africa Sovereign Bond Recovery on $83 Crude Tailwind

Bala Augie -
African sovereign dollar bonds extended their recovery as global investors pivoted toward the continent’s oil-producing nations as a strategic...
Economy

Central Bank of Nigeria Adds Locally Refined Gold to Reserves as Stockpile Hits $3.5bn

Bala Augie -
The Central Bank of Nigeria (CBN) has achieved a major strategic milestone by increasing its total gold holdings to...
Economy

Central Bank of Nigeria Reports 772% Surge In Net Dollar Reserves To $34.8bn

Bala Augie -
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Monday, disclosed that Nigeria’s net foreign...

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