The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to commence lifting petrol from the Dangote Refinery on September 15. However, the company has cautioned that there is no guarantee of lower fuel prices.
In a statement issued by NNPCL’s Chief of Corporate Communications Officer, Olufemi Soneye, the company emphasized that the pricing of petroleum products, including those from the Dangote Refinery, is determined by global market forces.
Wole Olajide, ACS Performance of banking stocks on the Nigerian Exchange in Q3 2025 is mixed. Most of the Tier 1 Banks (FUGAZ) declined in their bottom-line figures, year on year. Except for UBA that made a marginal growth of 2.33% in profit after tax (PAT), others in the Tier 1 category (First Holdco, GTCO, Access and […]
The Nigerian equities market closed bearish last week, halting weeks of successive gains triggered by selloff in Dangote Cement and 69 other stocks that closed the week lower amidst quarter three earnings release. The All-share index was down by 0.98% to close at 154,126.45 points from 155,645.05 points recorded in the previous week. Investors lost N964 billion[…]
