Dangote Unveils Bigger Refinery Plan for Kenya
Africa’s richest man, Aliko Dangote, has revealed that his planned refinery in Kenya will feature heavier processing equipment and a larger power-generation facility than...
NMDPRA Sets September 2028 Deadline for Fully Liberalised Gas Market
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has set September 24, 2028 as the target date for Nigeria’s domestic gas market to transition...
DANGOTE EXPLAINS WHY HIS REFINERY IPO IS NOT ABOUT RAISING MONEY
Billionaire businessman Aliko Dangote has explained why his proposed refinery Initial Public Offering (IPO) is not primarily aimed at raising funds.
During an interview, Dangote...
US DEA Opposes Full Release of Tinubu-Related Drug Records
The United States Drug Enforcement Administration has told a federal court that releasing portions of investigative records linked to Nigerian President Bola Ahmed Tinubu...
More Cash, Lower Rates: What’s Happening in Nigeria’s Money Market?
Banks Get More Cash as Money Market Rates Ease to 21%
Money market rates declined on Wednesday as liquidity in Nigeria’s banking system increased significantly,...
Tax Deadline: What Changes for Businesses From October 1
October 1: Late Tax Payments to Come With Extra Charges for Businesses
Businesses and other taxpayers in Nigeria who fail to settle their tax obligations...
Nigeria’s Fuel Price Sparks Another Comparison
The Federal Government has defended Nigeria’s current petrol price, arguing that the cost of fuel in the country remains lower than in the United...
Obi Disputes $123.77m Anambra Debt Claim, Says He Left $150m in Investments
Former Anambra State Governor Peter Obi has challenged claims that his administration left the state with $123.77 million in debt, insisting that he handed...
Electricity Subsidy May Near ₦2tn as FG Freezes Tariff Hike
The Federal Government may spend close to ₦2 trillion on electricity subsidies in 2026 as it maintains its decision not to increase electricity tariffs...
