Business

Lagos, Nigeria — The Dangote Petroleum Refinery has announced it will commence nationwide distribution of Premium Motor Spirit (PMS) and diesel from August 15, 2025, in a bid to bolster fuel supply and support economic development across Nigeria. This announcement was made in a statement released on Sunday, highlighting the refinery’s wide-scale distribution strategy, which […]

Nigeria – Nestlé Nigeria Plc has announced an ongoing collaboration with the Federal Ministry of Livestock Development to launch a dairy technical skills development program aimed at enhancing the quality and volume of milk production in Nigeria. A statement by Victoria Uwadoka, Corporate Communications, Public Affairs and Sustainability Lead, Nestlé Nigeria, said the initiative has […]

Abuja, Nigeria—The Peoples Democratic Party (PDP) has called on President Bola Tinubu to urgently review and reverse economic policies burdening Nigerians, particularly high fuel prices, electricity tariffs, and charges on essential services. In a statement issued Friday by its National Publicity Secretary, Debo Ologunagba, the PDP urged the government to use the Eid-el-Kabir season to […]

Nigeria — The Coca-Cola Company has unveiled a new 60cl PET bottle for its soft drinks, promising Nigerian consumers more volume at no additional cost. According to the statement released, the company said the newly introduced bottle size would deliver more refreshments at the same price. Speaking during the launch, Senior Director of Frontline Marketing, Coca-Cola […]

Abuja, Nigeria — The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has achieved a major milestone, negotiating wage increases of up to 300 percent for workers in the oil and gas industry. This development was announced by Comrade Festus Osifo, PENGASSAN President, during his address at the 2025 PENGASSAN Women Annual Convention […]

Lagos, Nigeria — Africa’s largest oil refinery, the Dangote Refinery, is now fully capable of meeting the fuel needs of Nigeria and the wider West African region, according to its founder and industrialist, Aliko Dangote. He made the declaration during a high-level visit by ECOWAS Commission President, Dr. Omar Alieu Touray, to the world-class facility […]

Abuja, Nigeria — The International Monetary Fund (IMF) and financial analysts have raised alarms over Nigeria’s mounting public debt levels as the federal government advances plans to secure nearly $26 billion in new loans to support its 2025–2026 fiscal agenda. The warning follows President Bola Tinubu’s recent $21.5 billion loan request to the National Assembly […]

Abidjan, Ivory Coast — Schneider Electric has been honored with the prestigious Gender Leader Award at the 2025 Africa CEO Forum, in recognition of its outstanding commitment to promoting gender diversity and inclusion across the African continent.   The award, presented during the forum held in Abidjan, reflects the company’s consistent efforts to embed equity […]

 Anambra, Nigeria — Federal lawmaker, Afam Ogene, has decried the alleged imposition of N700,000 against traders affected by the closure of the Onitsha drug market by the National Agency for Food and Drug Administration and Control (NAFDAC). Ogene, who is the member representing Ogbaru Federal Constituency in Anambra under the Labour Party said in a […]

Nigeria — Dangote Refinery has slashed the pump price of premium motor spirit (PMS), also known as petrol, by N15 per litre. According to a statement released yesterday, the company said that as a result of the reduction, Nigerians can now purchase the product at N875 per litre in Lagos instead of N890— N885 per […]