Nigeria’s inflation outlook is showing signs of relief as analysts project a continued slowdown in the coming months. This follows new data released by the National Bureau of Statistics (NBS) …
Filling stations across Lagos, Ogun and other parts of Nigeria have increased the pump price of Premium Motor Spirit (PMS), popularly called petrol, to ₦900 per litre and above, despite …
Barely two days after increasing the pump price of Premium Motor Spirit (PMS), the Nigerian National Petroleum Company Limited (NNPC Ltd.) has again slashed the price at its retail stations, …
Africa’s richest man, Aliko Dangote, has seen his personal fortune grow to $29.3 billion as of August 5, 2025, according to the Bloomberg Billionaires Index. This latest ranking places him …
The African Export-Import Bank (Afreximbank) has given a major financial boost to Dangote Industries Limited (DIL) by approving a $1.35 billion loan facility to support its massive refinery project. This …
The commercial real estate market in Nigeria is witnessing mixed developments, as the cost of renting office spaces skyrockets due to naira devaluation, while industrial real estate is enjoying renewed …
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 …
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 …
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 …
The Natural Oil & Gas Suppliers Association of Nigeria (NOGASA) has threatened to suspend its operations if Dangote Refinery proceeds with its planned direct distribution of petroleum products to end …