The Federal Government may spend about N2 trillion to subsidise electricity this year as it maintains its position against an immediate increase in electricity tariffs. The...
Filling station operators across the country are under pressure to check and recalibrate their dispensing equipment as the Nigerian Midstream and Downstream Petroleum Regulatory Authority intensifies...
The Dangote Petroleum Refinery and other petroleum marketers have reduced the prices of Premium Motor Spirit (petrol) across major depots in Lagos, Port Harcourt, Calabar and...
Nigeria’s electricity crisis is no longer merely an infrastructure problem. It is a national emergency that constrains economic growth, destroys jobs, deepens poverty and weakens public...
Foreign and institutional investors have returned to Nigerian equities following the country’s official re-entry into FTSE Russell’s Frontier Market indexes, triggering a sharp uptick in trading...
Africa’s richest man, Aliko Dangote, has said his conglomerate plans to invest over $10bn in the power sector to address the electricity crisis in Nigeria and...
US Treasury Secretary Scott Bessent touted a “very successful” meeting on trade and artificial intelligence with Chinese officials Sunday, adding that both sides discussed greater communication...
Dangote Industries Limited has acquired an additional 4,000 pieces of construction equipment for the expansion of its Lekki refinery to 1.4 million barrels per day, bringing...
As the Federal Government moves to deliver measurable reductions in transportation costs from October 1, states are adopting different approaches to the Compressed Natural Gas initiative,...
Some Nigerians seeking to invest in the Dangote Petroleum Refinery and Petrochemicals FZE Initial Public Offering have turned to personal savings, loans and proceeds from the...
