Dangote Industries Limited (DIL) and GCL Group, China’s leading private energy conglomerate, have formalized a landmark US$4.2 billion, 25‑year natural gas supply agreement to power Dangote Group’s major expansion projects …
Business
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Business
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The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to restrict certain banking services to large loan defaulters in a move aimed at strengthening financial stability …
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President Bola Ahmed Tinubu on Friday said he will address tariffs on newspaper and broadcasting materials to empower the media industry to discharge its constitutional role effectively. President Tinubu gave …
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Business
Nigeria Signs Intra-African Trade Fair 2027 Host Agreement, Gears Up for Africa’s Biggest Marketplace
The Federal Republic of Nigeria has today signed the host agreement for the fifth Intra-African Trade Fair 2027 (IATF2027), taking over the baton from Algeria which hosted the highly successful …
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Business
Sunbeth Global Concepts Raises N165.73bn as Commercial Paper Offer Is Oversubscribed by 65%
Sunbeth Global Concepts Limited is pleased to announce the successful completion of Series 1, Series 2, and Series 3 issuances under its Commercial Paper Program, raising a total of N165.73 …
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Business
Fuel Gets Cheaper: Dangote Slashes PMS Price by N100, Declares Fuel Scarcity “Gone for Good”
The management of Dangote Petroleum Refinery has announced a major reduction in the prices of Premium Motor Spirit (PMS), commonly known as petrol, and Automotive Gas Oil (AGO), also known …
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Business
Dangote Refinery Assures Steady Fuel Supply in Nigeria Despite Global Oil Shortage, Price Increase
The Managing Director of Dangote Petroleum Refinery, David Bird, has reassured Nigerians that the refinery will continue to meet the nation’s fuel needs despite ongoing disruptions in the global oil …
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With Africa poised to become the world’s fastest-growing aviation market, policymakers and industry leaders are focused on a central challenge: how to translate rising demand into sustainable connectivity, competitiveness, and …
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Dimension Data Nigeria has formally executed its N20 billion ($15m) Bond Programme under Dimension Data SPV Funding Plc, following approval from the Securities and Exchange Commission (SEC). The signing ceremony, …
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Dangote Petroleum Refinery & Petrochemicals reassures Nigerians of its unwavering commitment to serving as a stabilising force amid recent shocks in the international oil market. The conflict in the Middle …