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Dangote refinery

BUA Founder Shares Rare Holiday Glimpse After Staff Bonus

Days after approving a landmark employee cash reward, Abdul Samad Rabiu shared a rare personal moment as BUA posts record profits and expands operations.

Ladi Jadesimi’s Aradel Stake Loses $5.9 Million as Shares Slide

A recent decline in Aradel Holdings Plc shares shaved nearly $6 million off the market value of chairman Ladi Jadesimi’s stake, highlighting shifting sentiment in Nigeria’s energy stocks.

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.

Dangote Refinery and Japan’s Mitsui Signed A Petrochemicals Deal

Dangote refinery enters a contract with Mitsui to increase Nigeria's petrochemicals, focusing on resins, plastics, and fertilizers, while lowering Africa's expensive imports.

Latest articles

BUA Founder Shares Rare Holiday Glimpse After Staff Bonus

Days after approving a landmark employee cash reward, Abdul Samad Rabiu shared a rare personal moment as BUA posts record profits and expands operations.

Ladi Jadesimi’s Aradel Stake Loses $5.9 Million as Shares Slide

A recent decline in Aradel Holdings Plc shares shaved nearly $6 million off the market value of chairman Ladi Jadesimi’s stake, highlighting shifting sentiment in Nigeria’s energy stocks.

Flutterwave CEO Signals Path to Profit After Cost Reset

KEY POINTS Flutterwave profitability is now in sight after cost cuts and margin gains. ...

US Envoy Says Visa Curbs Tied to Security Talks

The US envoy says visa rules reflect security cooperation talks, stressing diplomacy and shared responsibility between Nigeria and the United States.