Economy

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NNPC Posts N276bn Profit as Gas Output Rises in March 2026

NNPC Posts N276bn Profit as Gas Output Rises in March 2026

The Nigerian National Petroleum Company Limited (NNPC) has reported a profit after tax of N276 billion for March 2026, as…
PETAN urges Nigeria oil boost amid OPEC uncertainty

PETAN urges Nigeria oil boost amid OPEC uncertainty

The Petroleum Technology Association of Nigeria (PETAN) has urged Nigeria to raise oil and gas output as shifting OPEC+ dynamics…
Experts say power instability could threaten Nigeria’s $1bn steel deal with India

Experts say power instability could threaten Nigeria’s $1bn steel deal with India

Nigeria’s Ministry of Steel Development has signed a Memorandum of Understanding with India’s Rashmi Metaliks Group for a projected $1…
Dangote Sugar Posts N20.6bn Profit in Q1 2026 Turnaround

Dangote Sugar Posts N20.6bn Profit in Q1 2026 Turnaround

Dangote Sugar Refinery has staged a remarkable comeback in the first quarter of 2026, posting a pre-tax profit of N20.6…
Seplat Energy Delivers Robust Q1 2026 Results With $840.7m Revenue

Seplat Energy Delivers Robust Q1 2026 Results With $840.7m Revenue

Seplat Energy Plc, one of Nigeria’s leading indigenous oil and gas companies, has reported a solid financial performance for the…
Dangote Cement Q1 2026 Pre-Tax Profit Hits N421.1bn

Dangote Cement Q1 2026 Pre-Tax Profit Hits N421.1bn

Dangote Cement Plc, Africa’s largest cement producer, has reported a strong financial performance for the first quarter of 2026, with…
Ibukun Awosika Resigns from Cadbury Nigeria Board

Ibukun Awosika Resigns from Cadbury Nigeria Board

Cadbury Nigeria has announced the resignation of Ibukun Awosika from its board of directors, bringing to a close a tenure…
Top 10 Nigerian Dividend Stocks Paying Soon And What You Must Do Before It’s Too Late

Top 10 Nigerian Dividend Stocks Paying Soon And What You Must Do Before It’s Too Late

Nigeria’s dividend season is entering its most decisive window, and the difference between investors who earn consistent income and those…
CAC Sets Up Beneficial Ownership Working Group

CAC Sets Up Beneficial Ownership Working Group

Hussaini Magaji, Registrar-General of the Corporate Affairs Commission (CAC), has inaugurated a national working group on beneficial ownership to drive…
UAE Exits OPEC, Raising Concerns Over Global Oil Stability

UAE Exits OPEC, Raising Concerns Over Global Oil Stability

The United Arab Emirates has announced plans to withdraw from OPEC and its allied grouping OPEC+, ending nearly 60 years…
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