Telecoms giant, MTN Group, has gone to the Constitutional Court of South Africa to challenge a ruling that allows Turkish telecoms company, Turkcell, to pursue a $4.2 billion lawsuit against …
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Dangote Picks Nigeria Over Global Tech Giants, Builds $19 Billion Refinery to Boost Economy
Aliko Dangote, Africa’s richest man and chairman of the Dangote Group, has been praised by the Nigerian government for prioritising national development over foreign wealth opportunities. At a time when …
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Dangote Partners Vinmar to Export Polypropylene from Lagos Plant
Dangote Petroleum Refinery and Petrochemicals has entered into a new partnership with Vinmar Group, a global petrochemicals distribution company, to take Dangote’s polypropylene products to international markets. This move comes …
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Starlink Faces Internet Speed Challenges in Kenya as Competition Grows
Elon Musk’s internet company, Starlink, is currently facing serious challenges in Kenya, just less than two years after launching operations in the country. Starlink, which uses satellites to deliver internet, …
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Nestle, 30 Others Lift NGX as Market Gains N21bn Amid CBN Rate Hold
Trading at the Nigerian Exchange Limited (NGX) closed on a positive note on Tuesday, as gains in 31 stocks, led by Nestle Nigeria Plc, added ₦21 billion to the market …
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Access Bank and Deloitte Launch SME Business Clinic to Boost Small Business Growth Across Nigeria
Access Bank Plc has partnered with global consulting firm Deloitte to launch a national SME Business Clinic, aimed at supporting the growth of small and medium-sized enterprises (SMEs) in Nigeria. …
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DAPPMAN Says Dangote Refinery is Only Viable Option for Petrol Supply
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has said its members can only rely on the Dangote Petroleum Refinery for Premium Motor Spirit (PMS), also known as …
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Modular Refiners Kick Against Exclusion from FG’s Naira-for-Crude Deal Talks
The Crude Oil Refiners Association of Nigeria (CORAN) has raised alarm over what it called the continued exclusion of modular and smaller local refineries from the Federal Government’s ongoing discussions …
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MTN Nigeria Signs Major Digital Partnership with Abia State Government
MTN Nigeria has entered into a landmark partnership with the Abia State Government aimed at speeding up digital transformation and expanding broadband access across the state. The agreement was officially …
- BusinessBusiness InsightsDangote IndustriesEconomyEnergyInfrastructureNigeriaOil & Gas
Dangote Refinery Slashes Petrol Price to N825, Spurs Fierce Competition in Downstream Market
The Dangote Petroleum Refinery has quietly reduced the ex-depot price of petrol to N825 per litre, intensifying the price war with fuel importers and private depot owners in Nigeria’s deregulated …