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Dangote refinery

Nigerian Treasury Bills Yield Climbs Above Inflation

Nigerian Treasury bills yield climbs above inflation as investors position for a major auction and markets anticipate softer monetary policy.

Naira Weakens as Dollar Demand Pressures Persist

The naira weakened at the official market as dollar demand surged, prompting fresh calls for deeper intervention from the Central Bank.

Dangote Refinery Boosts Petrol, Diesel Production Ahead of Festive Season

Dangote Refinery’s output exceeds demand, ensuring steady fuel supply and stable prices across Nigeria through Christmas and New Year.

Dangote Plans $5 Billion Lagos Refinery Expansion To Boost Fuel Supply

Aliko Dangote plans to raise $5 billion to expand his Lagos refinery and boost Nigeria’s energy supply.

Otedola Celebrates Dangote’s $20 Billion Refinery

Femi Otedola praises Aliko Dangote’s $20 billion refinery expansion as a generational legacy reshaping Nigeria’s oil and energy landscape.

CBN Injects $1.25 Billion to Support Fuel Imports

The Central Bank of Nigeria disbursed $1.25 billion to petroleum marketers in the first quarter of 2025 to stabilise fuel import and supply

Dangote Refinery IPO May Make Him Africa’s First $100B Man

Aliko Dangote’s refinery listing could push his fortune past $100 billion, marking a new chapter in Africa’s industrial story.

Protesters shut Kaduna, accuse oil cabal of plotting to sabotage Dangote Refinery

Kaduna protesters accuse an oil cabal of sabotaging Dangote Refinery, demanding Tinubu defend the $20 billion project from vested economic interests.

Cooking Gas Price Jumps to N25,000 as Shortage Deepens

Cooking gas price in Nigeria rises to N25,000 amid supply shortage and refinery disruption.

Dangote, Unions Clash Over Workers’ Rights and Union Dues

Dangote Refinery and major unions clash over workers’ rights, union dues, and welfare as both sides trade accusations of greed and intimidation.

DAPPMAN Seeks Partnership With Dangote Refinery to Stabilize Market

DAPPMAN seeks collaboration with Dangote Refinery to stabilize Nigeria’s downstream market and ease fuel distribution bottlenecks nationwide.

Bulk Fuel Buyers Shift To Dangote Direct Supply

Dangote refinery’s free delivery scheme disrupts contracts, lowers petrol prices, and shifts fuel distribution power away from transport owners

Dangote Says Refinery Ends Nigeria’s 50-Year Fuel Queues

Dangote refinery marks one year of petrol production, easing Nigeria’s 50-year fuel queues, cutting pump prices, creating jobs, and boosting industrialisation efforts.

Dangote Refinery Sends First Gasoline Cargo to U.S.

Dangote refinery first gasoline cargo to U.S. marks Nigeria’s debut as a direct fuel exporter across the Atlantic.

Latest articles

Nigerian Treasury Bills Yield Climbs Above Inflation

Nigerian Treasury bills yield climbs above inflation as investors position for a major auction and markets anticipate softer monetary policy.

Naira Weakens as Dollar Demand Pressures Persist

The naira weakened at the official market as dollar demand surged, prompting fresh calls for deeper intervention from the Central Bank.

Nigerian Bonds Yield Drops as Inflation Slows

Nigerian bonds yield dropped to 15.46 percent as disinflation encourages investor demand, with real interest rates rising and long-term debt instruments attracting strong interest.

Unity Bank MD Urges Youths to Embrace Savings Culture

Unity Bank MD urges young Nigerians to embrace a savings culture, stressing financial literacy, early money management, and long-term resilience for economic independence.