The NLC petrol N1,500 crisis has deepened across Nigeria as the labour union demands urgent government action, with rising fuel prices linked to the renewed US-Iran conflict and higher global crude prices. ABUJA, NIGERIA — The Nigeria Labour Congress has called on the Federal Government to urgently cushion Nigerians from rising petrol prices, saying the…
Crude rises above $109 as renewed Middle East tensions push global oil prices higher, while Nigerian motorists face petrol prices of up to ₦1,470 per litre in some locations. LAGOS, NIGERIA — Brent crude has climbed above $109 per barrel as fresh disruptions to Middle East oil supplies send global energy prices higher, while petrol…
Aliko Dangote has revealed that he bought his first private jet at 22 and a half while speaking in Lagos on Monday, urging wealthy Nigerians to invest more in production. LAGOS, NIGERIA — Africa’s leading industrialist, Aliko Dangote, has disclosed that he acquired his first private jet at 22 and a half, recalling his early…
Aliko Dangote says Dangote Refinery shares could eventually rise from ₦525 to ₦10,000. He made the projection while discussing the refinery IPO and possible long-term returns for investors. LAGOS, NIGERIA — Aliko Dangote, president of Dangote Industries Limited, has projected that Dangote Refinery shares could rise from the current offer price of ₦525 to as…
The Dangote petrol price has climbed again despite a sharp fall in crude prices. The refinery raised its gantry rate to N1,200 per litre from Wednesday, August 26, putting fresh pressure on Nigerian motorists. LAGOS, NIGERIA —The Dangote petrol price has risen by N15 to N1,200 per litre despite a recent decline in international crude…
Nigeria’s Dangote refinery ships first 90K‐ton gasoline cargo to Asia, marking its global market debut. #breaking
