Category : Search result: world oil market


Nigeria Capital Market Shifts to T+2 Settlement Cycle

Nigeria's capital market transitions to T+2 settlement cycle, signaling global readiness and enhancing investor confidence. Learn how this reform positions Nigeria for international competitiveness.

OPEC+ Pauses Oil Output Hikes Until March 2026

OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.

OPEC+ 2025 Oil Output Policy: A Review

OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.

Makinde opens 4th ultramodern market in Oyo

Governor Seyi Makinde commissions Omituntun Ultramodern Market in Omi Adio, featuring 406 shops and 56 stalls. The project aims to transform trading in Oyo State.

Nigerian Stock Market Loses N2.1 Trillion

Investors on the Nigerian Exchange lost a staggering N2.1 trillion in one week as the market closed low. Discover the top gainers, decliners, and key market trends.

Naira weakens to N1,456.72/$ as economy faces pressure

Naira depreciates by 0.98% to N1,456.72/$ amid dollar demand and structural challenges. Nigeria's foreign reserves rise to $44.12 billion despite oil price decline. Learn more about the economic outlook.

Edo Market Women Protest Planned Eviction

Edo State market women protest eviction notice for Oba Market renovation. They demand proper relocation plans from the government. Read their full story.

US MOSOP: Exclude Ogoni from oil block bids

MOSOP USA calls for Ogoni oil blocks removal from bidding rounds to protect fragile peace process. Federal Government urged to prioritize reconciliation before oil resumption.

Reps Panel Vows to End Oil Revenue Leakages

House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.

Emadeb Records First Oil Production from Ibom Field

Emadeb Exploration and Production Company Limited has commenced commercial oil production from Ibom Field PPL 236, marking a significant milestone for Nigeria's upstream oil sector and indigenous operators.

Stock Market Dips 1.7% on Tax Jitters

The Nigerian stock market fell sharply last week, losing N1.5 trillion as panic selling over a proposed capital gains tax caused a major sell-off. Discover the key winners and losers and what's next for investors.

Stocks Struggle on US Rates, Tech Rally Fears

Global markets faced pressure as doubts over US Fed rate cuts and tech bubble fears grew. Oil prices rallied on Russian output risks. Get the full analysis for Nigerian investors.

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