Business & Economy
Dangote: Fear of Monopoly Stopped Me from Buying Mobil, AP, Oando
Chairman of Dangote Group, Aliko Dangote, has revealed that concerns over being branded a monopoly prevented him from acquiring Mobil, Africa Petroleum (AP), ...
Business & Economy
Dangote Dismisses Ajaokuta Steel Revival: “It Will Never Work”
Business mogul and President of Dangote Refinery, Aliko Dangote, has poured cold water on hopes of reviving the Ajaokuta Steel Company, insisting that ...
Business & Economy
Dangote: Nigeria’s Investment ‘Wahala’ Driving Billionaires to Monaco
ABUJA — Africa’s richest man and President of Dangote Refinery, Aliko Dangote, has revealed that several Nigerians with far more liquid cash than ...
Business & Economy
Dangote Refinery Shakes Oil Market: Depots Deserted as Direct Petrol Supply Begins
LAGOS — Private depots in Lagos and surrounding areas were largely deserted yesterday as the Dangote Petroleum Refinery officially began direct petrol supply ...
Business & Economy
No Fear of Bank Account Freeze in 2026, JTB Assures Nigerians Over Tax ID Rule
ABUJA — The Joint Tax Board (JTB) has moved to calm public anxiety over new tax reforms, declaring that Nigerians without a Tax ...
Business & Economy
Dangote at One Year of Refinery Petrol: “Fuel Queues Since 1975 Are Finally Over”
ABUJA — President/Chief Executive of Dangote Petroleum Refinery, Aliko Dangote, has declared that Nigeria’s long-standing struggle with fuel scarcity and queues has come ...
Business & Economy
Tinubu Govt Bows to Pressure, Suspends Controversial 4% FOB Import Levy
ABUJA — In a major relief for importers and manufacturers, the Federal Government has suspended the collection of the 4 per cent Free ...
Business & Economy
Nigeria’s Inflation Falls to 21.12% in August, Fifth Consecutive Drop on Softer Food Prices
ABUJA — Nigeria’s inflation rate eased for the fifth month in a row, dropping to 21.12 percent in August 2025 from 21.88 percent ...
Business & Economy
Dangote Challenges NUPENG: “Expose Who Spent $18bn on Dead Refineries”
The clash between the Dangote Petroleum Refinery and the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) intensified on Friday, with Africa’s ...
Business & Economy
Dangote Refinery Slashes Petrol Price, Sets September 15 for Direct Distribution Rollout
LAGOS — The Dangote Refinery has announced a fresh reduction in the pump price of Premium Motor Spirit (PMS), with its direct petrol ...