Petrol Price Chaos: Nigerians Face Fresh Burden
By Gideon Osaka
In May 2023 when the multibillion-dollar Dangote Refinery was officially commissioned, it was hailed as a national pride and a monumental achievement for Nigeria’s petroleum sector. The 650,000 barrels per day (bpd)!-->!-->!-->!-->!-->…
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Dangote Eyes New Investments, Acquisitions as Goldman Sachs Tours Refinery
Nigerian businessman and chief executive of Dangote Industries Limited, Mr Aliko Dangote, has unveiled plans for a new phase of investments and acquisitions as the conglomerate pushes towards its target of generating $100 billion in!-->!-->!-->…
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PTDF Aligns Specialised Institutions With Tinubu’s $1tn Economy Target
Key points
PTDF says its specialised institutions will support President Bola Tinubu’s goal of building a $1 trillion economy by 2030.
The fund inaugurated a committee to review academic programmes at the General Shehu Musa!-->!-->!-->!-->!-->!-->!-->!-->…
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High taxation, insecurity, high interest rates top constraints facing Nigerian businesses – Survey
Despite these constraints, the Business Confidence Index (BCI) remained positive in July, reflecting sustained optimism across all review horizons
Businesses in Nigeria identified high or multiple taxation, insecurity and high!-->!-->!-->!-->!-->…
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Brazil’s $3bn green fuel project offers new test to Dangote’s aviation fuel ambitions
Brazil’s $3 billion investment in macauba palm to produce a plant-based jet fuel, is set to put Dangote’s aviation fuel ambitions to new test.
The project, called green fuel or Sustainable Aviation Fuel (SAF), significantly!-->!-->!-->!-->!-->…
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Trillions Spent, Refineries Silent: The Awakening of Sleeping Giants
Between 2020 and 2025, Nigeria poured an astonishing ₦11.349 trillion, alongside $592.9 million, €4.88 million, and £3.46 million, into the rehabilitation and turnaround maintenance of its refineries, according to relevant sources.!-->!-->!-->…
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What Is Stopping Nigeria From Printing Its Own Currency?
Nigeria owns one of West Africa’s most established security-printing companies. Yet foreign contractors handled most of the country’s banknote orders in 2025.
The Central Bank of Nigeria approved the production of 5.71 billion!-->!-->!-->!-->!-->…
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Subsidy Removal Couldn’t Make Nigerians Richer Overnight – Oyedele
The Minister of Finance and Coordinating Minister of the Economy, has defended the Federal Government’s economic reforms, saying the initial rise in poverty was an inevitable consequence of correcting years of economic distortions.
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Fuel Relief Ahead: Petrol, Diesel Prices Set for Fresh Cut as Dangote Reduces Ex-Depot Rates
According to a report by DAILY POST on Thursday 6 August 2026; Nigerians could soon pay less for petrol and diesel after Dangote Refinery announced another reduction in its ex-depot prices, a move expected to lower pump prices across!-->!-->!-->…
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Fuel Relief Ahead: Petrol, Diesel Prices Set for Fresh Cut as Dangote Reduces Ex-Depot Rates
According to a report by DAILY POST on Thursday 6 August 2026; Nigerians could soon pay less for petrol and diesel after Dangote Refinery announced another reduction in its ex-depot prices, a move expected to lower pump prices across!-->!-->!-->…
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NMDPRA proposes ban on fuel price fixing in new anti-competitive regulations
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is proposing new rules that would prohibit petroleum companies from coordinating fuel prices, restricting supply, or engaging in market-sharing arrangements!-->!-->!-->…
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