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Nigeria unveils the National Integrated Electricity Policy and Strategic Implementation Plan. 

Nigeria unveils national integrated electricity policy

Oil prices remain steady after recent losing streaks as supply concerns over Libya return, while a smaller-than-expected draw in U.S. crude inventories weakened demand expectations. 

Will oil steady amid supply disruptions?

Nigeria is offering a 9.75 percent 500 million domestic bond which closes tomorrow. Meanwhile, The Central Bank of Nigeria plans to issue 2.2 trillion naira in T-bills in the fourth quarter of this year. 

Nigeria's domestic USD bond offer: Will investors buy-in?

The Nigerian National Petroleum Company Limited has begun shipment of Liquefied Natural Gas cargoes to Japan and China on Delivered Ex-Ship basis.

Can Nigeria sustain LNG export to global market?

Data from FMDQ shows foreign exchange turnover in July rose 10 per cent month-on-month to $7.39 billion. 

Can Nigeria sustain FX liquidity drive?

Cocoa Processors Association of Nigeria says ongoing talks with the National Agency for Food and Drug Administration and Control are addressing concerns raised over the 2024 Export Regulation Bill. 

Laoye: Talks between COPAN, NAFDAC on 2024 export regulation bill underway

Oil marketers are awaiting the price of petrol being produced by Dangote Refinery as the plant begins a production test-run ahead of its September rollout. 

How Dangote Refinery may impact petrol pricing dynamics

Nigeria’s Gross Domestic Product grew by 3.19 per cent year-on-year in real terms in the second quarter of 2024. 

Can Nigeria sustain GDP growth?

Analysts at Cardinalstones Securities believe the half-year losses reported by FMCG, and consumer goods players may continue due to elevated foreign exchange pressures. 

Cardinalstone: FMCG losses may subsist due to FX pressures

S&P Global Ratings believes creating the proposed common currency for West African countries, known as the eco, will be a challenging and lengthy process. 

S&P: Creating eco currency will be challenging & lengthy after withdrawals

Renaissance Capital says it sees a strategic shift in First Bank Holdings, driven by its change in leadership, which it believes, is more shareholder-led than its previous CBN-steered leadership. 

RENCAP: FBNH change in leadership to drive strategic shift

Nigeria remains optimistic that domestic investors will participate in its series 1 offer of up to 500 million dollars under the 2 billion dollar Domestic Dollar Bond Programme. 

CBWA