Nigeria’s state oil giant NNPC has accused Dangote Petroleum Refinery of seeking to restrict competition and expose the country’s fuel market to monopoly control by challenging import licences issued to…
Read More Uncertainty over Dangote refinery’s planned IPO as NNPC files suit over monopolyCategory: Business
First HoldCo Group Companies’ Boards and Management teams visit Dangote Refinery
All Nigerians will have access to the Refinery’s IPO and be part-owners-Dangote who will return home with renewed commitment to building industries that can transform their economies. It is about…
Read More First HoldCo Group Companies’ Boards and Management teams visit Dangote RefineryCBN retains monetary policy rate at 26.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria on Wednesday voted to retain the Monetary Policy Rate (MPR) at 26.5% following its 305th meeting, which recorded the attendance…
Read More CBN retains monetary policy rate at 26.5%Global firms Singamas, China International Marine, Shanghai Universal, CXIC, top executives indicted for multibillion-dollar global conspiracy
PRESS RELEASE • May 20, 2026 Executives of leading manufacturing firms were indicted for conspiring to fix the prices of nearly all of the world’s standard unrefrigerated shipping containers. Singamas Container…
Read More Global firms Singamas, China International Marine, Shanghai Universal, CXIC, top executives indicted for multibillion-dollar global conspiracyOil stocks declining ‘very fast’, IEA Chief warns
Commercial oil stocks are falling “very fast” as Gulf supplies remain disrupted by the Middle East war, even with the release of strategic reserves by governments worldwide, the head of…
Read More Oil stocks declining ‘very fast’, IEA Chief warns
