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Dangote refinery

Business

Seplat Revenue Jumps 144 Percent to $2.73 Billion

Seplat Energy 2025 revenue surged 144% to $2.73 billion as offshore assets boosted production and dividends rose 52 percent.

February 28, 2026

Politics

Diaspora Group Warns Over Alleged Threats to Peter Obi

COPDEM diaspora Peter Obi warning highlights alleged security threats and urges investigation to safeguard Nigeria’s democratic stability.

February 28, 2026

Business

NNPC and Dangote Collaboration to Boost Nigeria’s Oil Sector

Following a months-long standoff, NNPC and Dangote refinery have finally agreed to work together to achieve Nigeria’s energy security and economic development.

May 10, 2025

Business

Aliko Dangote’s Refinery: I’m Still Fighting Cabals

The $20 billion refinery owned by Aliko Dangote faces ongoing sabotage attempts due to opposition from established oil import cartels and select international oil companies who want to stop Nigerian domestic refining efforts.

May 5, 2025

Business

NNPC Announces Petrol Price Reduction Across Major Nigerian Cities

KEY POINTS NNPC reduces petrol prices to N880/litre in Lagos and N935/litre in Abuja, marking the first...

April 22, 2025

Business

Dangote Refinery Reduces Petrol Ex-Depot Price to ₦835 Per Litre

KEY POINTS Dangote Refinery has reduced the ex-depot price of petrol to ₦835 per...

April 17, 2025

Business

Dangote Refinery Cuts Petrol Price to ₦865

KEY POINTS Dangote Refinery reduced petrol prices to ₦865 per litre, citing improved supply...

April 11, 2025

Business

FG Plans to Open More Gemstone, Jewellery-Making Centres

FG to establish gemstone and jewellery-making centres to boost entrepreneurship and support local value addition

April 5, 2025

Business

Fuel Prices May Drop to ₦750/Litre by December – NIPSS

KEY POINTS NIPSS forecasts petrol prices may fall to ₦750/litre by December 2025, citing...

April 2, 2025

News

Dangote Refinery Halts Naira Sales, Petrol Price Hike Predicted

Dangote Refinery halts Naira sales due to crude purchase issues, prompting fears of rising petrol prices across Nigeria.

March 20, 2025

Business

NNPC Denies Terminating Crude Oil Deal with Dangote Refinery

KEY POINTS NNPC clarified that its six-month crude oil sales agreement with Dangote Refinery...

March 11, 2025

Business

Dangote Refinery Faces Trouble as NNPC Ends Naira-for-Crude Deal

NNPC ends the naira-for-crude deal, increasing costs for local refiners. Dangote Refinery adjusts while fuel prices could rise.

March 11, 2025

Business

NNPCL Ends Naira for Crude Supply to Dangote, Other Refineries

NNPCL has stopped its Naira for Crude supply to Dangote and other refineries, with discussions ongoing for a new crude agreement.

March 11, 2025

Business

Lagos Levies Disrupt LPG Supply As Marketers Warn Of Scarcity

Lagos state levies create disruptions in the supply capabilities of the Dangote Refinery leading to concerns about an imminent cooking gas shortage throughout the country.

February 26, 2025