Edwin Devakumar, Vice President, Oil and Gas at Dangote Industries Limited, has described the ongoing Initial Public Offering (IPO) of Dangote Petroleum Refinery as an opportunity for investors to participate …
Business & Markets
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ABUJA — The Lagos International Trade Fair Complex Management Board, LITFCMB, has reiterated its commitment to maintaining a fair, lawful and conducive business environment for both Nigerian and foreign investors …
For decades, trade between China and Nigeria followed a familiar pattern, with Chinese manufacturers producing goods while Nigerian traders travelled to China to source products, ship them home and distribute …
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Dangote Refinery IPO Uses Fintech Platforms to Unlock Billions in Diaspora Capital
The Dangote Refinery Initial Public Offering (IPO) is leveraging digital financial technology infrastructure to broaden investor participation and attract billions of dollars in potential funding from Nigerians living abroad. By …
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Nigeria’s Inflation Rate Falls to 15.39% Amid Slower Monthly Price Growth
Nigeria’s headline inflation rate eased to 15.39 percent in August 2026, reflecting a continued slowdown in the pace of price increases across the economy. The latest figures indicate a modest …
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Dangote Refinery to Become Africa’s Largest Company by December 2026 — Dangote
President of the Dangote Group, Aliko Dangote, has expressed confidence that the Dangote Petroleum Refinery and Petrochemicals FZE will become the largest company in Africa by the end of December …
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Tinubu Assures Investors Nigeria Is Open for Business, Pledges Better Business Environment
President Bola Tinubu has assured local and international investors that Nigeria remains open for business, saying his administration is working to create a more predictable, competitive and investment-friendly environment. Use …
Akwa Ibom State Governor, Pastor Umo Eno, has pledged the state government’s support for the completion of the National Integrated Power Project (NIPP) Lot 18 transmission line along the Ikot …
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N431bn Oil Marketers’ Debt Puts NMDPRA Under Fresh Audit Scrutiny
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is facing renewed scrutiny after the Auditor-General for the Federation uncovered more than N432bn in unpaid debts, statutory levies and other …
Leading Nigerian fintech company OPay has dismissed viral reports claiming that it plans to shut down its operations in Nigeria, reassuring customers and merchants that it remains fully committed to …