The Independent Petroleum Marketers Association of Nigeria (IPMAN) has provided an update on the ongoing negotiation with the ...

To keep his crude oil sweet, Dangote struck a deal in 2021 to sell the NNPC a 20 per cent stake in the refinery at a $13.8 billion valuation. It hasn’t worked out perfectly – that stake was later ...

Removing the long-standing fuel subsidy by the Federal Government has triggered profound changes in Nigeria’s oil sector, ...

The Chairman of the Dangote Group, Aliko Dangote, is now richer than ever after the completion of his $20bn refinery, a ...

Wale Edun, minister of finance and coordinating minister of the economy, said the petrol subsidy cost the country about 5 ...

Nigerian billionaire business mogul, Aliko Dangote, has stormed back to the top as Africa's richest person after recently losing the top spot to South African ...

A High Court of the Federal Capital Territory sitting at Maitama, on Thursday, shifted further hearing in the leadership ...

African billionaire Aliko Dangote is wealthier than ever now that his long-awaited Nigerian oil refinery is up and running.

NNPCL has been uncooperative, with no intervention from authorities to compel disclosure and provide information on refinery ...

Independent Petroleum Marketers have disclosed that the NNPC remains the sole distributor of Dangote petrol as there is still ...