Israel-Iran war: Dangote Refinery, depot owners increase fuel price in Nigeria
Dangote Refinery and petroleum products depot owners have increased their ex-depot prices of premium motor spirit owing to the spike in global oil prices as Isr...
Business & Money · Page 63
IPMAN suspends strike over Lagos call-up fee hike
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has directed its members to suspend the industrial action initiated in response to the recent...
Northern Nigerian Flour Mills, two other firms dip as NGX records N108bn losses
Northern Nigeria Flour Mills and two other companies experienced dips as Nigerian Exchange Limited began the week on a negative note on Monday, with N108 billio...
Fuel price: Fear grips petroleum product stakeholders as Dangote Refinery pushes for monopoly
Fear has gripped petroleum product marketers and retailers as Dangote Refinery fixed August 15, 2025, to begin distribution of premium motor spirit and automoti...
Israel-Iran conflict: CPPE warns of mixed impact on Nigerian economy
The Centre for the Promotion of Private Enterprise, CPPE, has outlined both the risks and possible benefits the escalating conflict between Israel and Iran in t...
$30 billion GDP: Nsukka zone’s competitive, comparative advantages under-utilized – Chamber of Commerce
Nsukka Chamber of Commerce, Industry, Mines and Agriculture (NSCCIMA), has stated that the zone is advantageously placed towards the realization of Enugu State’...
Aliko retires from Dangote Sugar Refinery Plc
The chairman of the Board of Dangote Sugar Refinery Plc, Aliko Dangote, has announced his retirement, bringing an end to a 20-year leadership of the company.In...
World Bank downgrades global growth forecast, gives reason
Amid worldwide trade tension orchestrated by United States of America President Donald Trump, the World Bank cut its 2025 global growth forecast on Tuesday.The...
Nigeria’s $5bn oil-backed loan from Aramco faces setback amid slumps in oil price
Nigeria and Saudi Arabian oil company Aramco have been unable to reach an agreement on a $5 billion oil-backed loan, according to Reuters.Sources told Reuters t...
Why Dangote should sell PMS for N770 per litre — IPMAN
The Independent Petroleum Marketers Association of Nigeria has explained that Dangote Refinery should sell premium motor spirit around N770 per litre.The spokes...
Eid al-Adha: Naira appreciates massively against dollar across official, black markets
The naira appreciated massively against the dollar across the official and parallel foreign exchange markets on Thursday, ahead of the Eid al-Adha celebration o...
Petrol not expensive in Nigeria – Dangote
The President of Dangote Group of Companies, Aliko Dangote, has named the road leading to the Dangote Refinery after President Bola Ahmed Tinubu.Dangote spoke a...