Industry

As mourners across Nigeria observed the three -day Islamic prayer for the repose of the former President Muhammadu Buhari, one of the projects his administration initiated that will be remembered for a long time to come, is the AKK…
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...Thousands of motorists invested heavily, spending between N1m and N1.5m to retrofit their engines A severe scarcity of Compressed Natural Gas has brought frustration, despair, and economic hardship to motorists in Abuja, forcing…
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The Nigerian equities market sustained its bullish momentum, raking in a massive N3.4 trillion profits in four days. The market gained in all four trading sessions of the week as the Federal Government declared Tuesday, July 15, 2025,…
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A total sum of N1.818 trillion, being June 2025 federation account revenue, has been shared to the federal government, states and the local government councils. The revenue was shared at the July 2025 Federation Account Allocation…
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WTI crude oil traded between a high of $68.34 and low of $64.11 before reaching $66.28 as of Thursday’s close, down $0.86 or -1.28%. The price action reflected competing fundamental forces: escalating geopolitical tensions that…
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adewale adeniyi (comptroller general of customs) Bureau De Change (BDC) operators in Kano have raised alarm over the recent confiscation of undeclared foreign currencies by authorities. Daily Trust reports that the Nigeria Customs…
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Gombe State Commissioner of Energy and Mineral Resources, Alhaji Sunusi Ahmad Pindiga, yesterday disclosed that a team from Gombe and Bauchi State visited the site of Kolmani Oil Well Projects to assure the host communities that the…
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Dangote Refinery in Lagos The Lagos State Government and transport unions have agreed on a new N10,000 enforcement fee for the electronic call-up system for trucks operating along the Lekki-Epe Corridor. This followed a high-level…
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Aliko Dangote and his refinery, Dangote Refinery and Petrochemical Limited The Dangote Petroleum Refinery has announced the suspension of its discounted fuel supply scheme after discovering a diversion racket. The Dangote Refinery …
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President of the Dangote Group, Alhaji Aliko Dangote, says there is no justification for Nigeria’s low power generation output, arguing that if his conglomerate alone can produce over 1,500 megawatts for internal use, the country…
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