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Mecure Industries Shares Surge, Lifting Udani Fortunes

Mecure Industries shares have surged nearly 239%, sharply increasing Udani family wealth and sparking debate over fundamentals and free float on the Nigerian Exchange.

Dangote Seeks Congo Backing for Potash Mining Project

Aliko Dangote is exploring a potash mining project in Congo, seeking to strengthen fertiliser supply chains and extend his industrial footprint beyond cement.

Nigeria Petrol Supply Rises Despite Dangote Refinery Falling Short

Nigeria’s fuel regulator says petrol supply increased in November despite lower than expected output from the Dangote Refinery, with imports accounting for most of the surge.

Dangote NMDPRA Dispute Sparks Call for Strong Institutions

Nigeria’s oil workers union urges stronger institutions as tensions between Dangote Group and the petroleum regulator raise governance concerns.

Petroleum Regulator Chief Quits After Dangote Calls for Probe

KEY POINTS Nigerian petroleum regulator resignation followed public scrutiny and investor pressure. Tinubu nominated...

Dangote Accuses Fuel Regulators of Undermining Refining Push

Aliko Dangote accuses Nigeria’s fuel regulators of undermining local refining, escalating a dispute over imports, transparency and energy policy direction.

Dangote Sets N739 Petrol Pump Price

Dangote sets petrol pump price at N739 per litre, warning marketers and regulators as refinery partners begin nationwide rollout after gantry price cuts

FG Stops Planned 15% Import Duty on Petrol and Diesel

Federal Government suspends 15% import duty on petrol and diesel to keep fuel prices stable and maintain market supply.

How Petrol Station Attendants Cheat Nigerians with Pump Manipulation

Pump attendants cheat petrol buyers across Nigeria, shortchanging motorists as regulators lack staff to monitor stations.

Yuletide drives Petrol Consumption to 50 million Litres

Nigeria’s daily fuel demand climbs to 50 million liters ahead of the yuletide, despite subsidy removal and price hikes

NMDPRA Refutes Dangote Refinery’s Allegations, Says No Dirty Fuel in Nigeria

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is refuting claims made by...

Latest articles

Mecure Industries Shares Surge, Lifting Udani Fortunes

Mecure Industries shares have surged nearly 239%, sharply increasing Udani family wealth and sparking debate over fundamentals and free float on the Nigerian Exchange.

Dangote Seeks Congo Backing for Potash Mining Project

Aliko Dangote is exploring a potash mining project in Congo, seeking to strengthen fertiliser supply chains and extend his industrial footprint beyond cement.

Unilever Nigeria Posts 44 Percent Revenue Growth in Results

Unilever Nigeria reported a 44 percent rise in turnover and a doubling of profit after tax, supported by strong brand demand and operational efficiency.

Nigeria Military to Court-Martial Officers Over Alleged Coup Plot

Nigeria’s Defence Headquarters will court-martial 16 officers after an internal probe found cases to answer, including allegations linked to coup plotting.