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Port Harcourt refinery allegedly resumes operations, begins loading petrol after major renovation

The Port Harcourt Refinery has officially resumed operations following extensive renovations and modernization efforts that began in 2021. T he Federal Government secured a $1.5...
Business

Dangote refinery slashes petrol price to N970/litre, pledges quality, sustainability

The Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, to N970 per...
Business

Dangote sets fuel prices at N960 for ships, N990 for trucks; warns against health risks from FG cheap, substandard imports

In a statement issued on November 3, 2024, Anthony Chiejina, Chief Branding and Communications Officer of the Dangote Group, addressed recent claims by the...
Business

Investors lose N208bn in Aradel Holdings shares two days after Nigerian exchange limited listing

Investors in Aradel Holdings Plc, Nigeria’s newest publicly listed company, have suffered a loss of N208 billion just two days after its shares debuted...
Business

Obstruction of justice: Air Peace denies US fraud charges against Onyema

Air Peace has firmly rejected allegations of obstructing justice following fraud charges filed against its CEO, Allen Onyema, by the U.S. Department of Justice. In...
Business

Price of egg to hit N10,000 per crate – Poultry farmers

The Poultry Association of Nigeria (PAN) has issued a warning that the price of eggs could soar from the current N5,500 to N10,000 per...
Business

I had no idea the oil industry mafia was more powerful than the drug cartels; It’s a massive cartel, and I’ll speak out about...

Africa’s richest businessman, Aliko Dangote, has made a striking comparison between the power of Nigeria's oil industry and drug cartels, referring to the entrenched...
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