S’Africa Leads as Africa’s Top Fuel Importer - Report Nigeria has relinquished its long-held position as Africa’s largest importer of refined petroleum products following the ramp-up of operations at the Dangote Petrochemical Refinery, a new report has stated. South Africa has now overtaken Nigeria as the...

Aliko Dangote, president of the Dangote Industries Limited, says the company will soon start exporting coal out of Nigeria.

Dangote Reduces Petrol Price Nationwide The Dangote Petroleum Refinery has announced a fresh reduction in the pump price of Premium Motor Spirit (petrol) across the country. The new rates now range from ₦875 to ₦905 per litre, depending on location. A breakdown of the revised prices shows,...

Time Magazine Names Aliko Dangote Among 100 Philanthropists Globally The Chairman Aliko Dangote Foundation and President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has been named in the inaugural 2025 TIME100 Philanthropy list, which recognises the 100 most influential leaders shaping the future of philanthropy across...

The Dangote Petroleum Refinery has said that the naira-for-crude deal allowed it to reduce the price of petrol, which translates to reduced costs at the pumps.

Manufacturers Lose N1.9bn to FX volatility In Q1 - Report Manufacturers in Nigeria have reported a loss of N1.91bn due to foreign exchange volatility in the first quarter of 2025, as revealed by their unaudited financial statements for the period ended 31 March 2025. Some of...