NDC closes presidential nomination forms sale, with Peter Obi as the sole aspirant. Elective positions deadline extended to May 24, 2026, screening begins May 19.
Brent crude prices exceed $100, causing petrol hikes in Nigeria and raising transport and food costs amid global supply concerns and geopolitical tensions.
Domestic oil refiners in Nigeria have expressed confidence that they could reduce the country’s reliance on fuel imports in 2026, if key challenges are addressed.
The Nigerian currency slightly strengthened against the US dollar in NAFEM on Tuesday but weakened against the euro and pound, amid mixed market movements.
Nigerian stocks closed higher on Tuesday as renewed buying lifted key equities, pushing market capitalisation up and reversing losses from the previous session.
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