Dangote Refinery Cuts Petrol Price to N699 per Litre

The Dangote Petroleum Refinery has again reduced the ex-depot price of Premium Motor Spirit (PMS), lowering the benchmark from N828 to N699 per litre in its latest downward review. Fresh pricing data released on Friday by Petroleumprice.ng showed that the refinery implemented a N129 reduction, representing a 15.58% drop in its ex-depot petrol price. The new rate […]

EFCC Chairman Charges Opay on Strict Adherence to Anti-Money Laundering Laws

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged the management and staff of Opay to make strict compliance with existing regulations a core priority in order to safeguard business integrity and prevent money laundering and other fraudulent activities. Olukoyede gave the charge in Abuja on Thursday, December […]

Aliko Dangote Appointed Pioneer Chairman of ECOWAS Business Council

Alhaji Aliko Dangote, Chairman of the Dangote Group, has been named the pioneer Chairman of the ECOWAS Business Council (EBC), the regional bloc’s independent platform aimed at empowering the private sector and promoting economic integration across West Africa. The appointment was announced on Wednesday by ECOWAS Commission President, Dr. Omar Alieu Touray, during the opening […]

Dangote Kicks Off 50m-Litre Daily Fuel Supply Ahead of Festive Rush

The Dangote Petroleum Refinery has announced that it has commenced the supply of 50 million litres of petrol per day to the Nigerian market to ensure uninterrupted fuel availability during the festive season. This represents 1.5 billion litres of Premium Motor Spirit (PMS) for December, with the same volume planned for January 2026. President and […]

Dangote Refinery Cuts Petrol Price to ₦828/Litre as Local Supply Surges

The Dangote Petroleum Refinery has reduced its ex-gantry price of premium motor spirit (PMS) to ₦828 per litre, a ₦49 drop from the previous price of ₦877 per litre. A source within the refinery confirmed the adjustment, saying: “The refinery reduced its petrol price to ₦828 per litre.” The price cut comes as the refinery moves to scale up production to 1.4 […]

Tesla Shareholders Approve Nearly $1 Trillion Pay Package for Elon Musk

Tesla shareholders on Thursday overwhelmingly approved a massive compensation package for CEO Elon Musk — a deal that could grant him nearly $1 trillion over the next decade and cement his position as the highest-paid chief executive in history. More than 75% of shareholders voted in favor of the package, Tesla General Counsel Brandon Erhart […]

Dangote Refinery Overtakes National Fuel Demand, Backs Tinubu’s 15% Tariff

The Dangote Petroleum Refinery says it is now supplying more fuel than Nigeria consumes, producing 45 million litres of petrol (PMS) and 25 million litres of diesel daily for the local market. Group Chief Branding and Communications Officer of Dangote Industries Limited, Anthony Chiejina, disclosed this in a statement on Friday, reaffirming the company’s commitment to maintaining an uninterrupted nationwide fuel supply. […]

Trump, Xi Reach Rare Earth and Fentanyl Agreement as U.S. Eases Tariffs on China

President Donald Trump announced Wednesday that the United States will reduce tariffs on Chinese imports, following a high-stakes meeting in South Korea with Chinese President Xi Jinping that produced agreements on fentanyl control and rare earth minerals. Trump told reporters aboard Air Force One that his nearly two-hour meeting with Xi resulted in “a great […]

Ontario Halts Anti-Tariff Ad Campaign After Trump Ends Trade Talks

Ontario Premier Doug Ford announced Friday that the province will suspend its controversial anti-tariff advertising campaign in the United States after President Donald Trump abruptly terminated trade negotiations with Canada earlier this week. The decision comes after days of escalating tension sparked by the Ontario government’s TV ad — which aired during Major League Baseball […]