Business
Dangote Regains Africa’s Richest Man Title, Overtakes South African Billionaire
Aliko Dangote, Nigeria’s prominent industrial magnate and chairman of the Dangote Group, has reclaimed his title as Africa’s richest man. According to Forbes, Dangote’s wealth...
Business
No Plans To Monopolise Petrol Purchases From Dangote Refinery – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) has responded to claims by the Muslim Rights Concern (MURIC), which accused the state-owned oil company of...
Business
Naira Rebounds Below N1,600/$1 After Three-Day Decline
The naira made a significant recovery on September 6, 2024, after three days of consecutive declines in the official market. The currency, which had been...
Business
Dangote Refinery to Set Petrol Prices from October – Report
In a significant shift in Nigeria’s petrol pricing landscape, the Dangote Petroleum Refinery is set to determine the price of petrol starting from October...
Business
NNPC Refutes Dangote’s Claim: PMS Prices Set by Market Forces, Not Us
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has firmly countered claims made by billionaire businessman Aliko Dangote, asserting that the prices of Premium...
Business
Dangote Refinery Has No Role in Petrol Pricing – LCII President
Gabriel Idahosa, President and Chairman of the Lagos Chamber of Commerce and Industry (LCCI), has clarified that the Dangote Refinery has no role in...
Business
NNPCL Supplies 30 Million Barrels of Crude to Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that it has supplied 30 million barrels of crude oil to the Dangote Refinery, the...
Business
Nigeria, China To Revive Currency Swap Deal
Nigeria and China have agreed to revive their local currency swap deal, initially established in 2018. This understanding was part of a broader consensus reached...