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NGX loses N1.17 trillion as MTN Nigeria, First HoldCo lead profit-taking●We're lifting our price target on Cardinal Health after issuing rosy profit guidance●Kroger CEO takes a shot at Costco and Aldi●U.S. stocks fall after Iran says Strait of Hormuz will remain shut●Trump administration invokes birthright citizenship Supreme Court case in appeal to block wide tariff refunds●MoneyGram expands crypto cash ramps to Solana●Mortgage rates hit one-year high at 6.69% as home sales fall●Chile Cuts 2026 Copper Output Forecast to 5.27 Million Tonnes on Weak First Half●NGX loses N1.17 trillion as MTN Nigeria, First HoldCo lead profit-taking●We're lifting our price target on Cardinal Health after issuing rosy profit guidance●Kroger CEO takes a shot at Costco and Aldi●U.S. stocks fall after Iran says Strait of Hormuz will remain shut●Trump administration invokes birthright citizenship Supreme Court case in appeal to block wide tariff refunds●MoneyGram expands crypto cash ramps to Solana●Mortgage rates hit one-year high at 6.69% as home sales fall●Chile Cuts 2026 Copper Output Forecast to 5.27 Million Tonnes on Weak First Half●

Emerging Markets

Tinubu approves deep offshore reform targeting $50 billion investment in Nigeria’s oil sector

Nairametrics · 1h ago · 🇳🇬 Nigeria

Tinubu approves deep offshore reform targeting $50 billion investment in Nigeria’s oil sector

President Bola Tinubu has approved a landmark deep offshore investment reform aimed at unlocking up to $50 billion in new investment across Nigeria’s offshore oil and gas sector, replacing the long-standing system of project-by-project negotiations with a transparent, rules-based investment framework. The post Tinubu approves deep offshore reform targeting $50 billion investment in Nigeria’s oil sector appeared first on Nairametrics .

Read the full story at Nairametrics →

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