Business

The Nigerian National Petroleum Company Limited (NNPCL) has posted a profit after tax of N5.4 trillion for 2024—more than double the N2.2 trillion recorded in 2023. Group Chief Executive Officer, …

NNPC Limited has announced its financial performance for the full year ended 2024, reporting a Profit After Tax of N5.4 trillion on revenue of N45.1 trillion. The results, shared during its earnings …

Nigeria has seen a significant surge in petrol shipments, with around 149,500 metric tonnes of Premium Motor Spirit — equivalent to 194.35 million litres — arriving or expected between Friday, …

The Dangote Group has announced its participation in the Kano International Trade Fair scheduled to open between November 22 and December 6, 2025. A statement from the Group Chief Branding …

Northern industrialists have expressed deep concerns over the reversal of the planned 15percent import duty on petroleum products. Chairman of the Nigerian Association of Small-Scale Industrialists (NASSI), Nasarawa State Chapter, …

The nation’s foreign reserve has risen to over $46 billion, according to the governor of the Central Bank of Nigeria (CBN), Yemi Cardoso. Mr Cardoso disclosed this at the opening …

The attention of Dangote Petroleum Refinery has been drawn to a series of misleading publications claiming that the recent reduction in pump prices by oil marketers is a consequence of …

Ogun State Chamber of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) has faulted the Federal Government’s decision to suspend the proposed implementation of the 15 percent import duty on Premium Motor …

The Federal Government (FG), through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has suspended the implementation of the 15 percent ad-valorem import duty on imported Premium Motor Spirit …

The Pan-African Conglomerate, Dangote Industries Limited (DIL) has reaffirmed its unwavering commitment to driving the industrialization of Nigeria and the African continent at large. The company then pledged to persist …