Business Archives - Page 3 of 47

Dangote Cuts Petrol Price To ₦1200 Despite Global Oil Pressures

NewsDeskNgMar 26, 2026March 26, 20260

Dangote Refinery slashes PMS gantry price to ₦1,200 per litre, defying global oil volatility driven by Middle East tensions. Dangote Petroleum Refinery & Petrochemicals has reduced its gantry price for Premium Motor Spirit (PMS), also known as petrol, to ₦1,200 per litre, marking a significant downward adjustment of up to...

Nigeria, EU Forge Stronger Partnership With Investments In Trade, Security, Climate

NewsDeskNgMar 26, 2026March 26, 20260

Nigeria and EU strengthen ties through investments, climate action, security cooperation, digital projects, and regional development initiatives. Nigeria and the European Union (EU) have reaffirmed their strategic partnership and announced new areas of cooperation spanning trade, security, climate action, digital transformation and development investments following the Eighth Nigeria–EU Ministerial Dialogue...

Adeniyi Urges Global Customs Chiefs To Boost Cooperation Against Illicit Trade

NewsDeskNgMar 26, 2026March 26, 20260

Enhanced global Customs enforcement and collaboration are crucial to securing borders, safeguarding trade, and strengthening the world economy. The Chairperson of the Council of the World Customs Organisation (WCO) and the Comptroller-General of the Nigeria Customs Service, Bashir Adewale Adeniyi, on Tuesday led a global call for stronger Customs enforcement,...

Dangote Group Announces Major Expansions, Pledges Support For Nigerian MSMEs

NewsDeskNgMar 26, 2026March 26, 20260

Dangote Group to expand refinery, fertiliser, and polypropylene capacities, empowering MSMEs and boosting Nigeria’s industrial growth. Dangote Group has reaffirmed its commitment to industrial expansion and support for Micro, Small and Medium Enterprises (MSMEs) as key drivers of Nigeria’s economic growth. Chairman of the group Aliko Dangote made this known...

David Bird: Dangote Refinery Gets Only Five Crude Cargoes Monthly, Far Below Agreed Volumes

NewsDeskNgMar 25, 2026March 25, 20260

CEO of Dangote Refinery David Bird says supply shortfalls force refinery to buy Nigerian crude at over $18 premium in international markets. The Chief Executive Officer of the Dangote Refinery, David Bird, has called for greater transparency in Nigeria’s crude oil allocation system, warning that supply shortfalls are forcing the...

Crude For Naira Not Designed To Benefit Dangote Refinery But To Stabilise Nigeria’s FX

NewsDeskNgMar 25, 2026March 25, 20260

CEO David Bird says crude-for-naira policy is not a discount for Dangote Refinery but rather targets Nigeria’s currency stability The Chief Executive Officer of Dangote Refinery, David Bird, has said the Federal Government’s crude for naira policy was designed to stabilise Nigeria’s foreign exchange market rather than provide financial advantages...

Nigeria, Switzerland Strengthen Bilateral Ties As Shettima Meets Swiss VP

NewsDeskNgMar 25, 2026March 25, 20260

Nigeria and Switzerland deepen ties on trade, security, migration, and culture, with plans to return Benin artefacts. Nigeria and Switzerland have agreed to strengthen bilateral relations across key sectors, including trade, security, economic cooperation, migration, and cultural exchange. The agreement followed a meeting on Tuesday between Vice President Kashim Shettima...

NNPC: Nigeria Regaining Global Energy Edge Amid Supply Disruptions

NewsDeskNgMar 25, 2026March 25, 20260

NNPC says Nigeria is strengthening its position as a reliable energy supplier, projecting increased oil output despite global supply shocks. At a time of global energy supply shock occasioned by ongoing US-Israel war on Iran, Nigeria is regaining its footing as a reliable global energy supplier, Nigerian National Petroleum Company...

Dangote Says Tinubu UK Visit Opens New Investment Doors

NewsDeskNgMar 24, 2026March 24, 20260

Aliko Dangote flags fuel price risks and inflation fears, but says Tinubu UK trip boosts investor confidence and financing prospects for Nigeria. Alhaji Aliko Dangote, Africa’s foremost industrialist, has warned that tensions in the Middle East driving global oil volatility could have far reaching economic consequences for Nigeria and other African...

Chika Ogeah: Asaba Ready To Attract Lagos Investors With Improved Investment Climate

NewsDeskNgMar 23, 2026March 23, 20260

A coordinated push involving traditional leadership and government is positioning Asaba as a prime destination for Lagos-based investors, Chike Ogeah says. Asaba is intensifying efforts to attract investors from Lagos by creating a more secure and business-friendly environment, with traditional leadership playing a key role in supporting the state’s development...