News
Crude oil, aviation fuel top import chart at Lekki deep-sea port
By Godwin Oritse Crude oil and other refined petroleum products dominated import activities at the Lekki Deep Sea Port in the first week of August, accounting for 1,867,712 metric tonnes of
Oil output declines to 1.67m barrels
By Udeme Akpan & Obas Esiedesa, Abuja Nigeria’s daily oil production declined by four per cent in July 2026, to 1.67 million barrels per day (mbpd) from 1.74mbpd recorded in June, according
CBN reverses OMO restriction, opens market to local investors
•Lifts suspension on Tenored Repo •Retains control over scale, timing of OMO By Babajide Komolafe The Central Bank of Nigeria, CBN, yesterday reversed its seven years restriction on participation of local investors
Investors snap up AG Mortgage Bank’s N3.97b CP with 100% subscription
By Babajide Komolafe AG Mortgage Bank Plc has significantly bolstered its liquidity position after investors completely snapped up its N3.97 billion Series 2 and 3 Commercial Paper (CP) issuance. By achieving
Messi returns after father’s death but Miami knocked out of Leagues Cup
Lionel Messi made an emotional return Wednesday following his father’s death and hints at retirement, but it wasn’t enough for his Inter Miami side who were knocked out of the
Oyebamiji and His PROSPER Agenda for Osun’s Renewal
The statewide campaign of the All Progressives Congress flag-bearer for the coming Saturday, August 15, 2026, governorship poll in Osun State, Munirudeen Bola Oyebamiji, offers the electorate an opportunity to
Petrol consumption falls by 600,000 litres/day
By Ediri Ejoh Nigeria’s daily consumption of Premium Motor Spirit (PMS), otherwise known as petrol, fell by 1.27 per cent to 47.4 million litres per day (ML/D) year-on-year (YoY) in June 2026,
Over 30 countries condemn Iran executions
More than 30 nations, including France, Britain and Canada, have condemned Iran’s use of capital punishment, saying in a joint statement on Wednesday the Islamic republic was executing protesters to
Osun: Between Davido’s Threat and Tinubu’s Assurance of Credible Poll
Chris Akinfosile writes on the need for President Bola Tinubu to ensure that the choice of the electorate is not tampered with as voters go to the poll on Saturday,
SEC orders operators to freeze ISIS-linked accounts
By Peter Egwuatu & Chukwunonso Okolo The Securities and Exchange Commission (SEC) has directed operators in Nigeria’s capital market to immediately identify and freeze funds, assets and other economic resources linked to
