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Oyedele opens talks to clear FG contractor debt backlog

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.
Business

Dangote cement exports jump 71.6 percent, Q1 profit N421bn

Dangote's cement business posted a 71.6 percent jump in exports and 35 percent profit surge in Q1 2026, lifting African capacity to 55 million tonnes.
Business

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.
News

Shipping Snag Delays Dangote’s 4,000 CNG Truck Rollout

Dangote’s CNG truck rollout has been delayed by shipping bottlenecks from China, forcing a staggered delivery and sparking industry-wide negotiations
Business

Dangote Refinery Reduces Petrol Prices by N15 Nationwide

KEY POINTS Dangote Refinery has reduced petrol prices nationwide by N15 per litre, with...
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.
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.
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...
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...
Business

Dangote Refinery Cuts Petrol Price to ₦865

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

Oyedele opens talks to clear FG contractor debt backlog

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.
Business

Dangote cement exports jump 71.6 percent, Q1 profit N421bn

Dangote's cement business posted a 71.6 percent jump in exports and 35 percent profit surge in Q1 2026, lifting African capacity to 55 million tonnes.
News

Nestoil denies First Bank dividend blame, eyes legal action

Nestoil rejected reports linking it to First Bank's dividend halt, blamed a CBN forbearance directive, and threatened defamation suits against banks and media.
Business

Elumelu firms link with MoMo PSB for cardless payments

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.