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...

The President of Dangote Group, Alhaji Aliko Dangote, says he is still fighting for the survival of his $20bn refinery, stressing that the fight is not yet finished.

Urea Exports Unaffected by Trump’s 14% Tariffs - Dangote   President of the Dangote Group, Aliko Dangote, said on Thursday he was “comfortable” with the effect of United States President Donald Trump’s tariffs on his company’s urea exports. He expressed confidence because rival exporter Algeria had been...

Dangote Leads with 60% Gross Profit Margin in Q1 Dangote Cement, Nigeria’s largest producer of cement and one of the country’s most capitalised firms, outperformed industry peers to become the most efficient cement maker in the first quarter of 2025. According to the Q1 financial reports...

Dangote Cement Plc recorded a profit after tax of N209.2bn for the first quarter ended 31 March 2025, representing an increase of 85.7 per cent.

Again, Dangote Refinery Slashes Petrol Price to N835 per liter Dangote Petroleum Refinery and Petrochemicals has again reduced the cost of petrol to N835 per liter. This is the second time this April, 2025, that Dangote will be reducing its petrol price. The Refinery informed its customers...