The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has identified more than 788,000 barrels per day (bpd) of shut-in oil production across 63 operators […]
Category: Economy
Best performing balanced mutual funds in Nigeria as of September 2026
Nigeria’s balanced mutual fund segment recorded a strong increase in net asset value (NAV), reaching N191.02 billion as of September 2026, up 23.94% from N154.13 […]
Dollar trading in Nigeria nearly doubles to $3.37 billion in one week
The value of dollars traded in Nigeria’s foreign exchange market nearly doubled to $3.37 billion in the week ended October 9, 2026, from $1.70 billion […]
SEC disowns WayvePay, warns Nigerians against investing through platform
The Securities and Exchange Commission (SEC) has disowned online investment platform WayvePay, warning Nigerians against investing through the company over concerns about suspected fraudulent activities. […]
SEC DG proposes investment funds to finance university hostels
The Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, has proposed the establishment of investment funds to finance student hostel construction in […]
Nigeria records world’s highest diesel price increase at 82.7% – Report
Nigeria recorded the world’s highest diesel price increase, at 82.7%, between February and August 2026, according to the United Nations Conference on Trade and Development […]
SEC DG warns shortage of credible issuers could inflate asset prices
The Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, has warned that a shortage of credible issuers in Nigeria’s capital market could […]
UN names Nigeria among oil exporters set to benefit from higher energy prices
Nigeria is among the oil and gas exporters positioned to benefit from higher global energy prices, although rising refined fuel costs could offset some of […]
Naira likely to break below N1,300/$ amid high FX supply
The Nigerian currency is projected to trade stable to bullish, with a 6-month target in the N1,250/$-1350/$ corridor, supported by CBN interventions and market confidence. […]
Access Holdings IT director Olanrewaju Bamisebi retires after four years
Access Holdings Plc has announced the retirement of its Executive Director, Information Technology and Digitalisation, Olanrewaju Bamisebi. His retirement became effective on September 30, 2026, […]