Dangote Petroleum Refinery & Petrochemicals says it has commenced the receipt of 4,000 compressed natural gas-powered trucks needed for its fuel distribution logistics programme set to start on August 15.
The cost of sales for 12 manufacturing companies in Nigeria, in the first half of 2025, grew from the N2.18tn recorded in the corresponding period of 2024 to N2.6tn this year, representing an increase of 19.68 per cent.
The Minister of Aviation and Aerospace Development, Festus Keyamo, has announced the suspension of a planned strike by aviation unions, which was scheduled to commence on Monday.
Africa’s richest man, Aliko Dangote, has stirred national debate with a bold call for the Nigerian government to ban the importation of petrol, diesel, and other refined petroleum products.
Nigeria’s crude oil production rose to a peak of 1.78 million barrels per day (mbpd) in July, the highest level recorded year-to-date (YTD). The July production was about a five per cent uptrend compared to the 1.7 mbpd average output recorded in June.