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By Adedapo Adesanya The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that the 2024 oil licensing round is expected to yield as much as 1.5 billion barrels in oil output for Nigeria within the next 10 years. The Executive Commissioner, Exploration and

By Adedapo Adesanya Nigeria’s Minister of Solid Minerals Development, Mr Dele Alake, has disclosed that the country plans to hold its foreign reserves in gold, to complement other foreign currencies. The move, he said, will shore up the value of the Naira and boost the Nigerian e

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange rose by 0.38 per cent on Thursday, October 23, spurring the Unlisted Security Index (NSI) increase by 13.94 points to 3,640.49 points from the 3,626.55 points recorded a day earlier. In the same vein, the

By Adedapo Adesanya It was a good day for the Nigerian Naira in the Nigerian Autonomous Foreign Exchange Market (NAFEM) segment of the foreign exchange (FX) market on Thursday, October 23, as its value improved further by N2.95 or 0.2 per cent against the greenback to sell for

By Adedapo Adesanya The prices of the crude oil grades surged around 5 per cent on Thursday as energy firms in China and India consider cutting Russian imports following latest sanctions by the United States. Brent futures increased during the session by $3.40 or 5.4 per cent to

By Dipo Olowookere One of the leading cement makers in Nigeria, Lafarge Africa Plc, impressed investors with an outstanding performance in the first nine months of 2025. The financial results of the cement manufacturers filed to the Nigerian Exchange (NGX) Limited indicated that

By Dipo Olowookere The bulls managed to retain the control of the Nigerian Exchange (NGX) Limited on Thursday despite an intense battle with the bears. The local stock market further appreciated by 0.49 per cent, largely driven by strong appetite for shares in the commodity,

By Faridat Yusuf  The President of the Chartered Institute of Taxation of Nigeria (CITN), Mr Innocent Ohagwa, says the new tax law will help poor Nigerians and not make life hard for them. He said this at the investiture of the 7th Chairman of CITN Ilorin and District Society

By Aduragbemi Omiyale The Nigerian Exchange (NGX) Limited is experience a surge in equity trading due to reforms embarked upon by the federal government, which are attracting both foreign and domestic investors. According to the latest NGX’s Domestic and Foreign Portfolio P