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- Indexed articles, last 90 days
- 38
- Latest publication
- Sep 30, 2026
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- Jul 5, 2026
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Investors Place N6.1trn Bet on OMO Bills (opens the original)
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Following a 350-basis-point reduction in Nigeria’s benchmark interest rate, the Apex Bank conducted an open market operation, offering N1 trillion in OMO bills across three tenors. Details from OMO bills floated for subscription showed that the Bank offered N1.0 trillion across the 68-day, 152-day and 180-day maturities. This offer attracted N6.1 trillion in subscriptions, representing approximately 6.1x the amount offered. The CBN ultimately allotted N2.3 trillion, according to MarketForces. No
Crude oil prices surge as Saudi, supply concerns weigh - Blueprint Newspapers Limited (opens the original)
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Crude oil prices rose Tuesday as disruptions to Saudi Arabia’s oil exports and the risk of further supply disruptions in the Middle East kept markets focused on crude flows from the region. International benchmark Brent crude futures for November delivery traded at $101.70 a barrel, up 1.4% from the previous close of $100.34. US benchmark West Texas Intermediate (WTI) crude futures for November delivery rose over 1% to $93.35 a barrel from $92.37. Renewed fighting in Yemen heightened concerns ab
Minister secures deeper Chinese commitment to Nigeria’s power sector - Blueprint Newspapers Limited (opens the original)
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The Minister of Power, Joseph Tegbe, has concluded a series of high-level engagements with China’s leading power engineering firms and financial institutions, securing commitments to accelerate delivery of Presidential Power Initiative (PPI) projects and to broaden Chinese participation across the full value chain of Nigeria’s electricity sector, from generation and transmission to project financing and industrial manufacturing. The engagements, held in Beijing as part of the ongoing Nigeria–Chi
Oil prices inch toward $100 on renewed Middle East tension - Blueprint Newspapers Limited (opens the original)
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Oil prices surge toward $100 as Houthi attacks, U.S. strikes on Iranian tankers and renewed Middle East tensions rattle markets. International benchmark Brent crude futures for November delivery were trading at $98.62 a barrel, up 1.61 per cent from the previous close of $97. US benchmark West Texas Intermediate (WTI) crude futures for October delivery increased 2.77 per cent to $94 a barrel from $91.48. Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, said Iran would establ
Analysts applaud fastest growing Q2 GDP expansion in 5 years - Blueprint Newspapers Limited (opens the original)
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Analysts have said the second quarter 4.43 per cent growth this year, the fastest expansion in five years, is applaudable. They however quickly added that it is not yet ‘uhuru’ as it is not fully yet a broad-based posterity story. The analysts attributed the 4.43 per cent year-on-year growth in the second quarter growth to government reforms which led to a rebound in oil output and stronger activity in the non-oil sector, data from the National Bureau of Statistics (NBS) showed. Growth in the co
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