Nigerian billionaire businessman Aliko Dangote has projected that most African countries will become self-sufficient in refined fuel by 2030 as he prepares to launch a $16 billion oil refinery project
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OPay has won two major awards at the 5th edition of the Consumers Value Awards (CVA), securing recognition in the fintech sector for consumer trust and customer-focused innovation. The fintech
Nigeria’s banking system recorded a sharp increase in liquidity in May 2026, with average net liquidity rising to ₦5.53tn from ₦4.72tn in April, as inflows from maturing Central Bank of
The National Union of Textile, Garment and Tailoring Workers of Nigeria (NUTGTWN) has urged the Federal Government to urgently revive Nigeria’s struggling textile industry, describing the sector as vital to
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, says petrol retailers are seeking stronger partnerships with indigenous refineries to improve supply and bring greater certainty to fuel prices
The Crude Oil Refinery-Owners Association of Nigeria, CORAN, has called on the Federal Government to phase out unnecessary petroleum-product imports and maximise Nigeria’s domestic refining capacity. The association said the
A Kenyan court has directed that activities linked to the proposed Dangote Refinery in Lamu County be kept on hold pending further hearing of a legal dispute involving local residents
A sharp divide has emerged in the cash and debt positions of companies listed on the Nigerian Exchange Limited (NGX), with some firms holding cash several times higher than their
AG Mortgage Bank Plc increased its total assets by 48 per cent to N33.04 billion in 2025, from N22.37 billion recorded in the previous year, as the lender expanded its
Motorists waiting for the reopening of the First Niger Bridge will have to wait a little longer, as the Federal Government extended the rehabilitation timeline after persistent rainfall disrupted repair