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
Friday, March 6, 2026
Economy
2 Minutes
Tinubu’s 6% average GDP growth unrealistic — KPMG Nigeria
KPMG Nigeria has disclosed that the six per cent average Gross Domestic Product (GDP) growth projected by President Bola Ahmed Tinubu is unrealistic. KPMG noted that the target may prove challenging to achieve. KPMG,...
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2 Minutes
NNPCL to supply crude oil to Dangote, limits importation
The Nigerian National Petroleum Company (NNPCL) has disclosed a plan to limit importation of petroleum. Garba-Deen Muhammad, the national oil firm’s spokesperson, disclosed this on Thursday June 8, 2023. According to him, once the...
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2 Minutes
Private oil firms to begin direct importation as NNPC terminates all crude oil swap contracts
Nigerian National Petroleum Company Limited (NNPC) says it is gradually bringing an end to crude swap contracts with oil marketers while adding that private companies might start importing fuel as soon as this month....
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1 Minute
We have not devalued Naira to N630/$1— CBN
The Central Bank of Nigeria, CBN has denied a viral report claiming that the apex bank has devalued the naira while urging the public to dismiss the unsubstantiated news. Acting Director, Corporate Communication, Dr....
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2 Minutes
Fuel subsidy: President Tinubu unveils parliative measures to alleviate sufferings by Nigerians
Hon Ademola Adegoroye, the former Minister of State for Transportation, has promised Nigerians that President Bola Ahmed Tinubu will soon put in place well-thought-out measures to ease the hardships caused by the removal of...
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4 Minutes
NNPCL raises petrol pump price across Nigeria
The Nigerian National Petroleum Company Limited (NNPCL) has approved an increase in the nationwide pump price of Premium Motor Spirit popularly known as petrol. The approval goes into effect on Wednesday, May 31, 2023,...
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5 Minutes
₦11.350 trillion spent to restore 3 Nigeria’s moribund refineries between 2010, 2020
The House of Representatives disclosed during an investigation hearing on the state of refineries and daily usage of premium motor spirit (PMS) that an estimated sum of N11.350 trillion had been spent on restoration...
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2 Minutes
First products to enter market from July – Aliko Dangote
Products from the newly-inaugurated petrochemical refinery owned by Africa’s richest man Aliko Dangote will be available in the market from the end of July or beginning of August this year. President of Dangote Group,...
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2 Minutes
NNPC’s impact on my success: Tony Elumelu credits NNPC as Aliko Dangote expresses optimism over NNPC initiatives
The Chief Executive Officer of Heirs Holdings, Tony Elumelu, and the President of Dangote Group, Aliko Dangote, have voiced their optimism about the enormous potential of NNPC Limited to have a significant impact on...
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2 Minutes
CBN discloses plan to close millions of bank accounts to combat fraud
The Central Bank of Nigeria (CBN) has disclosed a plan to close down millions of accounts in Nigerian banks. According to the apx bank, the decision is aimed at addressing the increasing incidents of...
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