NNPCL Crude Price Hike Sparks Oil Glut Concerns

NNPCL increases crude prices by $6.15 per barrel for May, raising fears of a global oil glut. Dangote refinery also hikes petrol price to N1,275 per litre, putting pressure on consumers.

Small-cap stocks surge 417.5% in four months

Five small-cap stocks on the NGX delivered an average year-to-date gain of 417.5%, driven by retail inflows and speculative appetite, with combined market cap rising to N1.63 trillion.

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