The Dangote Petroleum Refinery has commenced the nationwide distribution of fuel products following threats of a blockade by petroleum tanker drivers protesting new government-imposed fees. The...
A court document has disclosed that Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN), received an annual salary of ₦350 million during...
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has signaled its intention to revoke oil licences that remain inactive, as part of a...
The Federal Government has announced a $50 million commitment to launch the Nigeria Wholesale Impact Investment Fund (WIIF), a strategic initiative designed to finance Micro, Small,...
The Nigerian National Petroleum Company Limited (NNPCL) is set to make significant investment commitments this year, with four major Final Investment Decisions (FIDs) expected before the...
Aliko Dangote, Africa’s richest man and founder of the Dangote Group, is stepping down as Chairman of Dangote Sugar Refinery Plc after two decades at the...
The Central Bank of Nigeria (CBN) has firmly denied recent reports suggesting that it extended the deadline for Bureau De Change (BDC) operators to meet new...
Following troubled repairs at the Port Harcourt and Warri refineries—despite a combined investment of about $2.4 billion—the Organised Private Sector and oil marketers are urging the...
The Nigerian National Petroleum Company Limited (NNPC) is again in the spotlight with fresh indications that it could proceed with a long-delayed Initial Public Offering (IPO)....
The Nigerian Exchange Group (NGX) is preparing to welcome Dangote Petrochemicals to its trading floor, with a listing expected in the second quarter of 2025. This...