Dangote Petroleum Refinery has defended its petroleum product pricing strategy, insisting that recent reductions in fuel prices reflect its commitment to easing the burden on Nigerians despite the high cost of crude oil used in refining.
Dangote refinery, in a...
A fresh dimension has emerged in the raging controversy over the Presidential Foreign Intervention Promotion Council (PFIPC), with documents showing that the Office of the Head of the Civil Service of the Federation formally approved the recruitment of 300...
African startups secured $3.9 billion across 506 deals in 2025, marking a strong recovery in fundraising activity after a challenging period for the continent's technology ecosystem, according to a new report by Bloomwit Africa.
The report showed that total technology...
Nigeria could face a shortage of lubricants in the coming months as constrained global supplies of base oils and rising international prices reduce imports into West Africa, according to a report by global energy and commodity intelligence firm Argus.
The...
Shell Nigeria Exploration and Production Company Limited has partnered with nine Nigerian banks to launch a $3 billion Contract Finance Facility aimed at improving access to funding for indigenous oil and gas contractors executing projects for the company.
According to...
Dangote Petroleum Refinery has announced another N50 per litre reduction in the ex-depot price of Premium Motor Spirit (PMS), otherwise known as petrol, bringing its cumulative petrol price cuts to over N200 per litre within one month.
The Dangote refinery,...
President Bola Tinubu on Thursday commissioned what the Federal Government described as West Africa's largest lithium processing plant in Nasarawa State, saying the project marks another step in Nigeria's drive to create jobs and end the export of raw...
Dangote Cement Plc has approved a record dividend payout of N753.8 billion to shareholders after raising its dividend by 50 per cent from N30 to N45 per share, following what the company described as an outstanding financial performance in...
The Federal Government has launched Power Force, a nationwide initiative to train 5,000 young Nigerians in smart electricity meter installation as part of efforts to accelerate metering, create jobs and deepen ongoing reforms in the power sector.
The programme, unveiled...
The Economic and Financial Crimes Commission (EFCC) has arraigned a woman, Mbah Sophina, before the Federal High Court sitting in Enugu on a three-count charge bordering on possession of fraudulent documents, forgery, and identity theft.
Count one of the charges...
