Africa’s richest man, Aliko Dangote, has revealed that his refinery currently imports between 9 and 10 million barrels of crude oil every month from the United States and other countries …
Business
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Auto Bucks Lenders Records Over 100% Profit Growth, Expands Across South-West
Auto Bucks Lenders, a fast-rising subsidiary of Alert Group, has announced a remarkable growth of over 100 per cent in profit since it started operations. The company made this known …
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Sanwo-Olu Begs States to Partner Lagos on Food Production
Lagos State Governor, Babajide Sanwo-Olu, has appealed to all state governors across Nigeria, banks, development organisations, foreign embassies, regulatory agencies, local and international partners, and big players in agriculture to …
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Guinea Insurance Posts N114.7m Loss in First Half of 2025 Despite Rising Revenue
Guinea Insurance Plc has announced a net loss of N114.7 million for the first half of 2025, marking a sharp reversal from the profit of N116.1 million it recorded in …
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Delta State Governor Vows to End Disruptions in Seplat Energy Operations
Delta State Governor, Sheriff Oborevwori, has promised to take strong steps to stop the frequent disturbances affecting the operations of Seplat Energy Plc in the state. The governor gave this …
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Ghana’s Cedi Holds Steady as Forex Market Remains Calm
Ghana’s currency, the cedi, has continued to maintain relative stability against the US dollar and other major international currencies, as noted in the latest figures released by the Bank of …
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Lafarge Africa Reports N268.6bn Q2 2025 Revenue, Up 70% Year-on-Year
Lafarge Africa Plc, a top cement and building solutions provider in Nigeria, has reported a substantial increase in revenue for the second quarter of 2025, with sales hitting N268.63 billion. …
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Tinubu Meets Dangote at State House, Restates Support for African-Led Energy Market
President Bola Ahmed Tinubu on Tuesday evening received billionaire industrialist and Chairman of Dangote Group, Alhaji Aliko Dangote, at the Presidential Villa in Abuja for a private meeting, underscoring the …
- BusinessDangote IndustriesEnergyOil & GasTrade and CommerceWestern Africa
Dangote Cries Out Over Crude Scarcity
President of Dangote Group, Aliko Dangote, has raised alarm over challenges facing his $20 billion Dangote Refinery, including difficulty accessing crude oil from Nigerian producers, leading the facility to import …
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Tinubu Orders National Single Window Trade Platform to Go Live by Q1 2026
President Bola Ahmed Tinubu has instructed the National Single Window (NSW) Steering Committee to ensure the full implementation of the digital trade facilitation platform by the first quarter of 2026. …