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NGX Records Mild Pullback Amid Cautious Trading

May 18, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in UBA (-0.57%) and GTCO (-0.20%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell marginally by 0.05% to settle at 250,204.83 points Year to date […]

Somewhere Between Cacophony and Euphony

May 18, 2026/US SEC Commissioner Hester M. Peirce Today the Commission rescinded its decades-old no-admit/no-deny policy governing the settlement process.[1]  Under this policy, settling defendants cannot publicly deny the allegations in a complaint or permit anyone else to do so.  The Commission will no longer require and demand that defendants […]

Dangote Refinery Reduces Jet Fuel Price to N1,650

May 18, 2026/Dangote Group Dangote Petroleum Refinery & Petrochemicals has reduced the price of aviation fuel (Jet A1) to N1,650 per litre from N1,750 per litre, in a move aimed at easing cost pressures on airlines and ensuring uninterrupted fuel supply across the country. This is in addition to a […]