Oando PLC, Nigeria’s leading energy solutions provider, has firmly denied recent allegations claiming it holds interests in a Maltese oil storage facility, Ras Hansir Oil Terminal...
Transcorp Power Plc, a leading power subsidiary of the Transcorp Group, has reported a 214% increase in profit before tax (PBT) from N16.2 billion recorded in...
Oando PLC, Nigeria’s foremost indigenous energy solutions provider, has announced that the Nigerian Government has approved its acquisition of 100% of the shares of Nigerian Agip...
Dangote Cement PLC, Africa’s largest cement producer, has announced profit after tax (PAT) of ₦189.9 billion for the first half of 2024. This represents a notable...
Guinness Nigeria Plc has reported a loss of N54.77 billion for the financial year ending June 30, 2024. This represents a 201% increase compared to the...
The Dangote oil refinery has firmly denied recent allegations that it is reselling cargoes of U.S. and Nigerian crude. These claims were labeled as “outright falsehood”...
Peter Obi, a prominent Nigerian politician and public figure, has called for unwavering support for the Dangote Refinery amid recent conflicts between Dangote Industries and government...
Aliko Dangote, chairman of Dangote Industries Limited, has leveled serious allegations against personnel from the Nigerian National Petroleum Company (NNPC) Limited and certain oil traders. Speaking...
Aliko Dangote, Africa’s wealthiest entrepreneur, has announced his willingness to sell his multibillion-dollar oil refinery to Nigeria’s state-owned energy company, NNPC Limited. This decision comes amid...
Aliko Dangote, chairman of Dangote Industries Limited, announced the company’s decision to halt plans to enter Nigeria’s steel industry. The decision comes just two months after...
