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Senate approves N348 billion subsidy payment to 74 oil marketers

The Senate has approved the payment of N348 billion as outstanding subsidy claims to 74 petroleum marketers.
Nigeria Stock Exchange

NSE market indices reopen with marginal growth

The Nigerian Stock Exchange (NSE) crucial market indicators opened for the week on Monday with a marginal growth of 0.06 per cent in a cautious trading.

Conoil cuts dividend by 35 percent as profit drops to N1.58 billion

Shareholders of Conoil Plc, one of Nigeria’s leading oil marketers, will get a dividend of 200 kobo per share for the financial year ended December 31, 2017, a shortfall of 35.5 percent compared to 310kobo per share in 2016.

JTF confirms fire at Conoil field in Bayelsa

The Joint Military Task Force in the Niger Delta, codenamed Operation Delta Safe, has confirmed a fire incident at an oilfield operated by Conoil in Koluama, Southern Ijaw Local Government Area of Bayelsa State.

NSE market indicators drop further by 1.53 percent

The Nigerian stock market indices sustained negative growth on Thursday, with the market capitalisation dropping further by N234 billion.

Nigerian Stock Exchange market capitalisation rebounds by N57 billion

Activities on the Nigerian Stock Exchange closed on a positive trend on Tuesday with the market capitalisation appreciating by N57 billion due to gains by some highly capitalised stocks.

Three petrol stations sealed in Cross River for fuel diversion

The Department of Petroleum Resources (DPR) has sealed three petrol stations in Cross River for allegedly diverting three trucks of fuel meant to be sold in the state.

Nigerian Stock Exchange market capitalisation hits all-time high

The price rally on the Nigerian Stock Exchange (NSE) continued on Wednesday with the market capitalisation hitting all-time of N16.080 trillion.

2017: Forte Oil worst performing stock on Nigerian Stock Exchange

For the second year running, Forte Oil maintained its leadership as the worst performing stock on the Nigerian Stock Exchange (NSE) in 2017 in percentage terms.

DPR seals six filling stations in Rivers

The Department of Petroleum Resources, DPR, yesterday sealed six filling stations in Rivers State for diversion and hoarding of petroleum products, even as DPR disclosed that over 35 stations have received Premium Motor Spirit, PMS.

Fuel queues will disappear by weekend – NNPC

The Nigerian National Petroleum Corporation (NNPC), on Thursday, in Abuja says fuel queues will `normalise’ by Friday and disappear by the weekend.

DPR sanctions 8 filling stations in Kano over fraudulent activities

The Department of Petroleum Resources (DPR), Kano Field Office, said it had sanctioned eight filling stations in Kano for committing various offences.

Long queues resurface in Lagos, petrol hawkers back

Lagos residents on Monday saw the return of long queues at petrol filling stations, the News Agency of Nigeria (NAN) reports.

NSCDC seals illegal private guard company, generates N14.5m revenue

The Nigeria Security and Civil Defence Corps (NSCDC), Oyo State Command, has sealed a Private Guard Company (PGC) operating illegally in the state, its Commander, Mr John Adewoye, said.

NSE: Transactions resume on bearish trend, index down 0.90%

Activities resumed on the Nigerian Stock Exchange (NSE) on Monday on a negative trend, with the market indices dropping by 0.90 per cent as predicted by market watchers.

Stock market capitalisation rises by N130bn in positive trading

The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday improved by N130 billion following gains posted by some highly capitalised equities.

Nigerian equity market down by 0.11 per cent

The Nigerian Stock Exchange (NSE) on Thursday recorded the first loss in the month of August with the market indices dropping by 0.11 per cent due to profit taking.

NSE market capitalisation hits N13 trillion mark

The Nigerian Stock Exchange market capitalisation on Tuesday hit the N13tn mark, barely three weeks it crossed N12tn market, amid Nestle gain.

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Brighton sign South African striker Percy Tau

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Senegal’s World Cup referee Malang Diedhiou retires

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Pep Guardiola wants Manchester City stars rested and ready

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Accidents kill 130 in Ogun in six months

No fewer than 130 people were killed, while 439 sustained various degrees of injury in road accidents across Ogun in the first six months of 2018.