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The Nigerian Exchange (NGX) recorded a gain of N962 billion for investors on Thursday, extending its bullish rally to the fifth consecutive trading sessions.

Fidelity Bank Plc has reinforced its commitment to Nigeria’s oil and gas sector through its participation in the $3 billion Contractor Finance Facility launched by Shell Nigeria Exploration and Production Company Limited (SNEPCo) in partnership with nine leading banks.

The Nigerian integrated energy company Renaissance Africa Energy (Renaissance) has announced a new oil discovery at the JK-004 exploration well in Oil Mining Lease (OML) 74, offshore Nigeria.

The Federal Government of Nigeria incurred electricity tariff subsidy obligation of N358.32 billion in the first quarter of 2026 as it continued to bridge the gap between cost-reflective electricity tariffs and the rates paid by consumers.

The Chief Executives of the Nigerian National Petroleum Company Ltd (NNPCL), ExxonMobil and Nigeria Agip Exploration (NAE) have observed that greater collaboration through shared infrastructure, improved operational efficiency and sustained efforts to reduce project costs are helping to drive renewed investment in Nigeria’s offshore oil and gas sector.

The International Monetary Fund (IMF) has warned that rising prices of essential goods will deepen poverty and food insecurity in Nigeria despite improved macroeconomic stability, even as it maintained growth forecasts for the economy in 2026 and 2027 at 4.1 per cent and 4.3 per cent.

Benford Mokoatle, Executive Vice President at Gold Fields, has been appointed to the Advisory Board of African Mining Week (AMW) – Africa’s Most Influential Mining Conference.

One Adeniyi Adeyemi Matthew allegedly presented himself as the Director-General of the fictitious Presidential Foreign Intervention Promotion Council (PFIPC), claiming to be appointed by President Bola Tinubu.

The Forum of First-Term Governors under the Progressives Governors’ Forum (PGF), has condemned attacks on Nigerians and other nationals in South Africa.

Trading on the Nigerian stock market extended its bullish rally on Tuesday, leading to N1.864 trillion gain for investors.