Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Aliko Dangote has pledged 95,000 skilled jobs as his Lagos refinery scales from 650,000 to 1.4 million barrels per day, set to overtake India's Jamnagar.
Forbes has valued Aliko Dangote at $30.3 billion for the first time as his now operational Lagos refinery closes the gap with Bloomberg's wealth tracker.
The Federal Government has asked fuel marketers to give Nigerian airlines a 30-day credit window as Aliko Dangote's refinery rakes in record jet fuel margins.
Former President Olusegun Obasanjo has insisted Nigeria's three NNPC refineries will never work, citing past rejection by Shell and pressure that scuttled the Dangote sale.
Aliko Dangote has offered to build a refinery in Tanzania matching his 650,000-barrel-per-day Lagos plant, with Kenya and Uganda already in talks on the project.
NNPC Trading shipped more than 1.03 million metric tons of crude, about 6.8 million barrels, to Aliko Dangote's Lekki refinery across eight April cargoes.
Aliko Dangote has secured a second appearance on the TIME100 list, joining the 2026 edition in the "Titans" category as the only Nigerian on this year's global ranking.
Dangote Group has dismissed a viral post falsely quoting Aliko Dangote on cement taxation, the same day TIME named him among its 100 most influential people.
Aliko Dangote's Lekki refinery turned Nigeria into a net petrol exporter last month, ending decades in which Africa's largest oil producer sent crude abroad only to import finished fuel.
Aliko Dangote has appointed three financial advisers to lead a pan-African initial public offering of Dangote Petroleum Refinery and Petrochemicals Fze, targeting listings across multiple African exchanges in what analysts project will become the largest equity offering in African stock exchange history.
Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Nestoil rejected reports linking it to First Bank's dividend halt, blamed a CBN forbearance directive, and threatened defamation suits against banks and media.
United Bank for Africa, Heirs Holdings-backed Redtech and MoMo PSB launched a cardless payment partnership, enabling wallet payments across 55,000 RedPay terminals nationwide.