Archives for April 9, 2026
Oil rebounds as fragile Gulf ceasefire, constrained Hormuz keep supply risks elevated
Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted. Brent crude…
DisCos’ revenue recovery drops to 69%, sees N63 billion shortfall
Electricity distribution companies (DisCos) recorded a billion revenue shortfall in January 2026 as average recovery efficiency declined to per cent, contrary to stricter performance thresholds introduced by the Nigerian Electricity…
Improved pipeline security drove oil output to 1.84mbpd – NNPCL
The Nigerian National Petroleum Company Limited has said Nigeria’s crude oil production rose from a historic low of 960,000 barrels per day in 2022 to an average of million barrels…
Time to Rein in Lagos Taskforce on One-Way Driving
Elvis Eromosele By Elvis Eromosele Lagos is striving to position itself as a modern, future-ready city, with increasing focus on infrastructure and traffic management. Yet, one of its most…
Daraju Industries Strengthens Market Presence with ₦22.68bn Commercial Paper Quotation on FMDQ
BY NGOZI ONYEAKUSI FMDQ Securities Exchange Limited has approved the quotation of Daraju Industries Limited’s ₦ Billion Series 1 and ₦ Billion Series 2 Commercial Paper under its ₦ Billion…
2027: Why Lagos Island Needs Fresh Voice Like Ajagbe Adeyemi Teslim, Creative Mind, Dogged Fighter and A Man Full of Love
By Pastor Jibola Olarinoye If you have two friends in your lifetime, you're lucky, and if you have one good friend, you're more than lucky. " ( Hinton) This proverb…
