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Afreximbank and other settlement banks in Nigeria will facilitate the trade between Dangote and NNPC Limited. The game changing intervention will eliminate the need for international letters of credit. It will also save the country of billions of dollars used in importing refined fuel.
News

Tinubu Offers Dangote Refinery Naira-Settled Crude Supply 

The Federal Executive Council (FEC) has adopted a proposal by Tinubu to sell crude oil to the Dangote Refinery and other refineries in...

Afreximbank and other settlement banks in Nigeria will facilitate the trade between Dangote and NNPC Limited. The game changing intervention will eliminate the need for international letters of credit. It will also save the country of billions of dollars used in importing refined fuel.
News

Dangote Refinery Re-selling Some Earlier Purchased U.S. Crude – Reports

Dangote Refinery is allegedly re-selling some United States crude it had purchased to feed its plant, a top official of the refinery said...

The Network Abuja Left Group has declared its unwavering commitment to a proposed nationwide protest scheduled to begin on August 1, 2024, despite threats and intimidation.
News

Organizers Vow to Proceed with Nationwide Protest Against Government’s Anti-People Policies

The Network Abuja Left Group has declared its unwavering commitment to the proposed nationwide protest scheduled to begin on August 1, 2024, despite...

Entertainment

Ayra Starr Announces Limited Edition Dolls 

Nigerian music star Ayra Starr has revealed the release of exclusive limited edition dolls modelled after her, creating a buzz among her fans...

The Independent Petroleum Producers Group has notified against any move compelling the sale of crude oil to local refineries, including the Dangote Refinery.
News

Refinery Saga: Fuel Imports from Malta to Nigeria Rise to $2.25 Billion in 2023

Reports emerging a few days after recent allegations against the Nigerian National Petroleum Company  (NNPC) Limited by Alhaji Aikko Dangote, founder of Dangote...

BusinessNews

H1 2024: Dangote Cement Reports 85% Pre-tax Profit, Struggles With +118% YoY Increase In Production Costs

Dangote Cement Plc has announced a pre-tax profit of N292.9 billion for the first half of 2024. This marks a 22 per cent...

News

Nigerians Should Prepare For Pump Price Hike, Marketers Warn

…Say Subsidy Payment Exceeds N700bn Monthly Petrol marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have warned Nigerians...

Rhodes-Vivour Lagos
News

GRV Queries Lagos Government on $100 million Paid by Dangote Refinery for Land

Gbadebo Rhodes-Vivour, 2023 Lagos Guber Candidate of the Labour Party, has raised questions about the claim by Dangote Group CEO Aliko Dangote that...

Customs Auction Petrol
FinanceNews

Customs Auction 26,625 Litres of Seized Petrol At N9000/25-litre Keg In Cross River

The Nigeria Customs Service (NCS) Cross River/Akwa Ibom Command has auctioned 26,625 litres of seized petrol to the public. This is according to...

JUST IN: Max Air Boeing 737 Tyres Burst During Takeoff In Yola With 119 Onboard
NewsTechnology

JUST IN: Max Air Boeing 737 Tyres Burst During Takeoff In Yola With 125 Onboard

A Max Air commercial flight with 119 passengers and 6 crew members onboard has suffered a total failure of its rear landing gear...

News

Over 1,000 Sign Petition Against Construction Of 18-Storey Tower By Akwa Ibom Govt In Lagos

Over 1000 signatures have been collected in an online petition against the construction of an 18-floor tower in Lagos by the government of...

Marketers Reveals Petrol Landing Cost At ₦1,117/litre
News

Marketers Reveal Petrol Landing Cost At ₦1,117/litre

Nigeria’s landing cost of Premium Motor Spirit (PMS), also known as petrol, now costs ₦1,117 per litre as of Tuesday, July 16, 2024....