The Nigerian National Petroleum Company Limited (NNPCL) has made significant progress in repaying the $1.036 billion loan it secured in 2021 to fund its 20% stake...
Nigeria’s non-operational refineries have incurred N127.326 billion in salaries and employee benefits over two years, despite being completely inactive. The Kaduna, Port Harcourt, and Warri refinery...
Mars Inc. has announced its acquisition of Kellanova, the maker of popular brands such as Cheez-It, Pringles, and Pop-Tarts, for an estimated $36 billion. The deal,...
Dangote Refinery has issued a strong denial against claims that it has set the price of Premium Motor Spirit (PMS) at N600 per litre, dismissing the...
The long-awaited launch of the Port Harcourt refinery has been postponed once again, making it the sixth delay for a project that was initially scheduled to...
BUA Cement Plc has seen a significant drop in its market value, losing over 20% in just two days following the release of its disappointing first-half...
Google’s multi-billion dollar agreement with Apple has come under intense scrutiny following a U.S. antitrust verdict that has shaken the tech industry. The Justice Department’s recent...
The Dangote Group has issued a statement to clarify recent reports concerning its crude oil supply arrangements with the Nigerian National Petroleum Corporation (NNPC). Contrary to...
Zarma Mustapha, Deputy President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), has reassured the public that the Port Harcourt Refinery is poised to meet...
Africa’s largest oil refinery, the Dangote Refinery, has raised concerns over the Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) failure to enforce domestic crude supply obligations. This...
