NNPC, Marketers Reduce Petrol Prices After Dangote’s Price Cut   The Nigerian National Petroleum Company Limited (NNPC) and other marketers have reduced the pump prices of Premium Motor Spirit (petrol) following Dangote Petroleum Refinery’s cut in ex-depot prices. From as high as N950 per litre on Tuesday,...

Dangote’s Net Worth Hits $29.3bn on Refinery, Cement Gains - Report The fortune of Aliko Dangote, President of the Dangote Group, has surged to $29.3 billion as of August 5, 2025, according to the latest data from the Bloomberg Billionaires Index, driven by strong performance...

Dangote’s Plan for Direct Fuel Supply Sparks Concerns of Market Disruption   The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has warned that the Dangote Petroleum Refinery’s plan to bypass existing distribution channels and supply refined petroleum products directly to end-users would lead to...

Nigerians to Buy Shares in $20bn Dangote Refinery President of the Dangote Group, Alhaji Aliko Dangote, has said Nigerians will soon become shareholders in his $20bn refinery situated in Lekki, Lagos State. Dangote stated this recently at the Global Commodity Insights Conference on West African Refined...

FIRS Stops Issuance of Tax Exemption Certificates The Federal Inland Revenue Service has discontinued the issuance of tax exemption certificates to all categories of taxpayers, including pioneer status companies, non-governmental organisations, and free zone entities. In a public notice signed by its Executive Chairman, Zacch Adedeji,...

Tinubu's Policies Restoring Private Sector Confidence, Dangote Reveals Aliko Dangote, President/Chief Executive of Dangote Group, says President Bola Ahmed Tinubu policies are restoring private investors’ confidence in Nigeria’s economy. Dangote made the remarks over the weekend during a visit by the Minister of Industry, Trade and...