Articles

  • 2 weeks ago | thisdaylive.com | Adeyinka Salami |Emmanuel Addeh |Deji Elumoye |Peter Uzoho

    •Charges members to build on gains of ongoing economic reforms  •Ojulari: Nation’s refineries’ production to rise from 1.5m to 1.9m barrels by end of 2025Deji Elumoye in AbujaPresident Bola Tinubu has charged the new board of the Nigerian National Petroleum Company Limited (NNPCL) to bring the experiences of its members to bear on the ongoing efforts to transform the country’s economy.

  • 1 month ago | thisdaylive.com | Kayode Tokede |Peter Uzoho

    Kayode TokedeThe stock market section of the Nigerian Exchange Limited (NGX) appreciated by N3.73 trillion by market capitalisation in the first four months of 2025 to close at N66.496 trillion as of April, 30, 2025. Capital market analysts attributed the stock market N3.7 trillion growth to impressive 2024 performance by listed companies and the recovery of some companies in their first quarter ended March 31, 2025 corporate earnings released on the Exchange.

  • 2 months ago | thisdaylive.com | Emmanuel Addeh |Deji Elumoye |Peter Uzoho |Blessing Ibunge

    •Task Ojulari-led company to complete IPO, sustain production growth, boost investor confidence, others •Hail Tinubu for selecting a ‘surgical team’ to transform company Peter Uzoho and Dike Onwuamaeze Yesterday’s dissolution of the board of the Nigerian National Petroleum Company Limited (NNPCL) by President Bola Tinubu and immediately filling it with seasoned oil and gas professionals led by Ahmed Musa Kida and Bayo Ojulari as Non-executive chairman and Group Chief Executive Officer,...

  • 2 months ago | thisdaylive.com | Kayode Tokede |Peter Uzoho |Emmanuel Okonji

    Kayode Tokede  The Nigerian stock market yesterday sustained its profit-taking activities as losses in BUA Cement Plc (10 per cent drop) and 21 others pulled the overall market capitalisation lower by N266 billion. As a result of investors’ profit-taking, the Nigerian Exchange Limited All-Share Index (NGX ASI)  declined by 423.48 basis points or 0.40 per cent to close at 105,375.69 basis points.

  • 2 months ago | thisdaylive.com | Emmanuel Addeh |Kayode Tokede |Ima Ekanem |Peter Uzoho

    Emmanuel Addeh in AbujaNigeria’s leading indigenous energy group, Oando Plc, yesterday confirmed its selection as the preferred bidder for the 175,000 barrels per day Guaracara Refining Company Limited (GRC) refinery assets from Trinidad Petroleum Holdings Ltd (TPHL). Oando Plc, listed on both the Nigerian Exchange Limited and the Johannesburg Stock Exchange, in a statement, noted that it has now been formally advised in writing of its choice as the preferred bidder for the lease by the country.

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