Dangote Refinery to Begin Fuel Exports Across Africa Amid Local Import Controversies
The Dangote Refinery and Petrochemical plant is preparing to begin fuel exports to South Africa, Angola, and Namibia, with negotiations in advanced stages, according...
Naira Strengthens in Parallel Market, Weakens in Official Market as FX Turnover Drops
The Naira appreciated yesterday in the parallel market, climbing to N1,725 per dollar from last Friday's rate of N1,735.
However, in the Nigerian Autonomous Foreign...
Stop Frustrating Dangote Refinery – Emir Sanusi
Emir of Kano, Muhammad Sanusi II yesterday decried what he described as the frustration of Dangote Refinery on account of vested interests.
The emir said...
Dangote Refinery Products: NNPCL not sole offtaker – Spokesperson
The Nigerian National Petroleum Company Limited (NNPC Ltd.), says it has no intention of becoming the sole offtaker of Dangote Refinery Limited (DRL) or...
Petrol Price Seen Hitting ₦‎1,300/Litre On NNPC Cash Crunch
The premium motor spirit (PMS), also known as petrol, is expected to sell at N1,300 per litre, largely due to the cash crunch that...
Banking stocks, Oando, others add N349bn to investors’ portfolios
Equity investors gained a total of N349 billion week-on-week, as the Nigerian Exchange Ltd.(NGX) market capitalisation appreciated by 0.63 per cent to close the...
Starbucks Announces Leadership Change: Chipotle CEO Brian Niccol to Take the Helm
Starbucks has announced a significant leadership change as Chipotle CEO Brian Niccol will take over as the new Chief Executive Officer, replacing Laxman Narasimhan....
Bank of England reduces Interest Rates Since 2020
In a closely contested decision, the Bank of England has reduced interest rates for the first time in over four years, responding to slower...
Unilever’s Q2 Sales Growth Falls Short of Expectations
Unilever's second-quarter sales growth failed to meet forecasts as the consumer goods giant struggled to entice inflation-hit consumers with reduced prices.Facing a prolonged cost...
General Motors to Report Second-Quarter Earnings Ahead of Market Open
General Motors (GM) is set to announce its second-quarter earnings results before the market opens on Tuesday, with Wall Street anticipating a strong performance...
