Monetary authorities have made addressing election liquidity risks in Nigeria a primary focus as political spending ramps up across the country. Central Bank of Nigeria Governor Olayemi Cardoso confirmed that the apex bank is fully prepared to manage potential financial surges ahead of…
The Federal Government has announced plans to hold a consultative meeting with refiners, depot owners, marketers, and retailers on Tuesday in a bid to find common ground on the competitive pricing of fuel and other petroleum products in the interest…
Dangote Refinery has reduced the price of Premium Motor Spirit (PMS) at its gantry from N1,350 to N1,325 per litre as crude oil prices continued to decline on Monday. A market survey by DAILY POST showed that the 700,000-barrel-per-day refinery…
Aliko Dangote, founder of the Dangote Group and Africa’s richest man, has confirmed that the group plans to list its fertiliser business on the stock exchange in 2028. He also acknowledged calls from new Nigerian shareholders for a “board meeting.”…
Dangote Petroleum Refinery has reassured prospective investors that a decline in crude oil prices amid the ongoing US-Iran war will not immediately affect its profitability. Devakumar Edwin, Vice President of Dangote Industries Limited, gave the assurance on Friday amid concerns…
Global oil prices took a hit on Thursday, sliding from a high of $108 per barrel as tensions between Saudi Arabia and Iran-backed Houthi fighters continue to heat up in the Middle East. This latest development has once again put…
Following Uber’s departure from Nigeria, ride-hailing company Bolt has recorded a 92 per cent weekly increase in driver registrations as drivers seek alternative platforms to earn income. The Estonian mobility company, which has operated in Nigeria since 2016, disclosed the…
Aliko Dangote, Chairman of Dangote Group, has said having a son to inherit his business empire is not a priority, stressing that his three daughters can lead the company. In an interview with ARISE News on Tuesday, Dangote said he…
The Nigerian National Petroleum Company Limited (NNPCL) has increased petrol pump price. A market survey conducted on Tuesday revealed that most NNPCL retail outlets in Abuja and surrounding areas have adjusted their prices to between N1,395 and N1,430 per litre,…
Following the commencement of the N2.15 trillion Initial Public Offering (IPO) for Dangote Petroleum Refinery and Petrochemicals, the Securities and Exchange Commission (SEC) issued a warning advising prospective investors to guard against fraudulent schemes. In an official notice signed by…
Nigerian billionaire Aliko Dangote on Monday launched what has been described as Africa’s largest share sale yet, with the initial public offering (IPO) of his oil refinery officially opening the plant to retail investors and raising fresh funds for its…
The Nigeria Civil Aviation Authority (NCAA) has disclosed that Air Peace and United Nigeria topped the list of domestic airlines with the most flight disruptions in August 2026, as carriers nationwide delayed 4,765 flights and cancelled 36 others. The NCAA…
Aliko Dangote, President of Dangote Industries Limited, said the Dangote Refinery shares, currently priced at N525, could eventually rise to N10,000. Dangote also promised small-scale investors priority in the allocation of shares if they choose to participate in the refinery’s…
Effective Saturday, September 12, 2026, the Dangote Petroleum Refinery has increased Petrol Gantry Price from N1,265 to N1,350 per litre. Recall that NaijaEyes had previously reported that rising global crude oil costs would likely trigger additional upward adjustments in domestic…
Nigerian petroleum product traders, marketers, depot owners and refiners are considering another petrol price hike as crude oil prices climb above $105 per barrel. According to source’s survey of crude oil prices on Friday, West Texas Intermediate (WTI) and Brent…
