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Dangote refinery

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Yahaya Bello Money Laundering Trial Adjourned to May 6

KEY POINTS The court adjourned Yahaya Bello’s alleged money laundering trial to May 6–7,...
News

EFCC Arrests Former Skye Bank Chairman Tunde Ayeni Over Alleged ₦36.5bn Fraud

KEY POINTS EFCC arrested former Skye Bank chairman Tunde Ayeni over alleged ₦36.5bn and...
Business

Nigeria exports 55.39m barrels as Dangote chases feedstock

Nigeria exported 55.39 million barrels in the first two months of 2026 as the Dangote refinery scrambled for feedstock and leaned on imported crude.
News

Dangote refinery makes Nigeria a net petrol exporter

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.
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TUC warns petrol could hit N2,000/litre, urges Tinubu to redirect crude windfall to refineries

Nigeria's labor union is sounding the alarm on fuel prices, warning they could hit N2,000 per liter without immediate government action.
News

Dangote Refinery Denies Fresh Petrol Price Hike

KEY POINTS Dangote Refinery denied reports of a fresh petrol and diesel price increase,...
News

Nigeria Transporters, Commuters Decry Rising Fuel Prices Amid Middle East War

Transporters and commuters say high petrol prices are worsening hardship, despite reports that Dangote Refinery has reduced its gantry price.
Business

Dangote Refinery Slashes Petrol Price by ₦100 to ₦1,075 per Litre Amid Falling Global Oil Prices

KEY POINTS Dangote Refinery reduced petrol price by ₦100, bringing the ex-gantry rate down...
Business

Dangote Refinery Raises Petrol Ex-Depot Price to N1,175

KEY POINTS Dangote Refinery increased its petrol ex-depot price to N1,175 per litre and...
Business

Dangote Refinery Taps Three Banks for Record NGX Listing

Dangote Refinery has appointed three investment banks to lead what analysts say could become Africa's biggest-ever stock market listing.
Business

Dangote Refinery Listing Could Double Nigeria Market Value

Bismarck Rewane says a Dangote Refinery listing could more than double Nigeria’s stock market value, marking a defining moment for the Nigerian Exchange.
News

Nigeria Cuts Cooking Gas Imports As Local Plants Supply 87%

Nigeria produced 87 percent of its cooking gas in 2025 as local refineries cut imports and improved supply nationwide.
News

Petrol Imports Dominate Nigeria Despite Rise In Local Refinery Output

Nigeria relied on imported petrol for 62% of fuel in 2025, with local refineries supplying only 38 percent of demand.
Business

Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...
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News

Yahaya Bello Money Laundering Trial Adjourned to May 6

KEY POINTS The court adjourned Yahaya Bello’s alleged money laundering trial to May 6–7,...
News

EFCC Arrests Former Skye Bank Chairman Tunde Ayeni Over Alleged ₦36.5bn Fraud

KEY POINTS EFCC arrested former Skye Bank chairman Tunde Ayeni over alleged ₦36.5bn and...
News

Gunmen Storm Benue Palace, Kill Traditional Ruler, Family and Two Others

KEY POINTS Gunmen killed a traditional ruler, his wife, son, and two others in...
News

Kidnapped Lagos Woman Freed After Family Pays $17,500 Ransom

KEY POINTS A Lagos woman was kidnapped from her home in a late-night attack...