Africa Richest Man, Aliko Dangote made over 700million Dollars From Selling Cement
March 2, 2026
How Nigeria External Reserves Rose To $ 50.25 billion
February 26, 2026
Sunday, March 8, 2026
Business
4 Minutes
Dangote Refineries Plan Supply To150,000 IPMAN Stations
The Dangote Petroleum Refinery is to supply fuel to about 150,000 retail outlets operated by the Independent Petroleum Marketers Association of Nigeria following a meeting between the management of the refinery and executives of...
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2 Minutes
Seven Major Marketers Get Approval To Sell Dangote Fuel
The seven major oil marketers in Nigeria have registered with the Dangote Petroleum Refinery for the lifting and distribution of refined petroleum products produced by the $20bn plant. Dealers under the aegis of the...
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2 Minutes
Dangote Refinery Begins Diesel, Aviation Fuel Production
Dangote Petroleum Refinery has commenced the production of diesel and aviation fuel. However, the refinery has yet to produce Petroleum Motor Spirit, otherwise known as petrol. The Chief Branding and Communications Officer of Dangote...
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1 Minute
P’Harcourt Refinery To Complete Test-run This Month-NNPCL
The Nigerian National Petroleum Corporation Limited has revealed that test runs at the 60,000-bpd Port Harcourt refinery will be completed this month. “Testing will conclude shortly, ensuring the refinery’s efficient operation. That phase will...
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2 Minutes
Petrol Pricing War Escalates As NNPCL And Marketers Spar Over Subsidy Issues
The Nigerian National Petroleum Company Limited (NNPCL) and fuel marketers, represented by the Independent Petroleum Marketers Association of Nigeria, found themselves in another dispute over the removal of the subsidy on petrol. This disagreement...
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3 Minutes
‘Inflation, Forex Crisis May Affect Consumer Goods Industry’
The persistent inflation and challenges with foreign exchange have been projected as factors that would affect the 2023 fourth-quarter financial results of companies operating in the consumer goods sector of the economy. This was...
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1 Minute
Local Oil Producers Must Supply 483,000bpd To Local Refineries By June— NUPRC
The Nigeria Upstream Petroleum Regulatory Council (NUPRC) has mandated indigenous oil producers to supply around 483,000 barrels per day (bpd) of crude oil to local refineries for the first six months of 2024 according...
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4 Minutes
Dangote, Rabiu, Adenuga Lose $9.3bn In 2023 – Forbes
The combined wealth of Aliko Dangote, Abdulsamad Rabiu and Mike Adenuga declined by $9.3 billion in 2023, according to Forbes’ Real-Time Billionaires ranking. Forbes’ wealth-tracking platform provides ongoing updates on the net worth and...
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1 Minute
FG Plans New Regulation For Opay, Palmpay, Moniepoint, Others
The Nigerian government, via the Federal Competition and Consumer Protection Commission (FCCPC), is set to issue more regulation for digital lending in 2024. The regulations will improve loan recovery methods in Nigeria amid rising...
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2.2mb/d 2024 Growth Expectations, Key To Shaping Oil Market – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) said its 2.2 million barrels per day expectations for economic growth in 2024 is expected to play a defining role in shaping global demand and supply...
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