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CATEGORY

Economy

Depot Owners Looted Over ₦2 Trillion in Fake Subsidy Claims, Otedola Alleges

LAGOS, Nigeria — Nigerian billionaire Femi Otedola has alleged that more than ₦2 trillion was siphoned during the administration of former President Goodluck Jonathan...

Dangote Says Marketers Demanded ₦1.5 Trillion Subsidy to Match Its Fuel Prices

LAGOS, Nigeria — Dangote Petroleum Refinery has alleged that the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) demanded an annual subsidy of...

Dangote Accuses ‘Oil Mafia’ of Plotting to Sabotage $20 Billion Refinery

LAGOS, Nigeria — Aliko Dangote, President and Chief Executive of Dangote Petroleum Refinery, has accused powerful interests in Nigeria’s oil sector of trying to sabotage...

NUPENG Labels Dangote Refinery’s Free Petrol Delivery a ‘Greek Gift’

LAGOS, Nigeria — The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has criticised the Dangote Refinery’s plan to distribute petrol directly to filling...

Dangote Refinery Announces Date for Free Petrol Delivery Nationwide

LAGOS, Nigeria — The Dangote refinery has announced it will commence direct nationwide supply of petrol on Monday, September 15, 2025, marking a major shift...

EFCC Questions Former NNPC Chief Mele Kyari Over Alleged Misappropriation

ABUJA, Nigeria — The Economic and Financial Crimes Commission (EFCC) is investigating Mele Kyari, the former group chief executive officer of the Nigerian National...

NUPENG Suspends Strike After Deal With Dangote Refinery

LAGOS, Nigeria — The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its planned strike after reaching an agreement with the...

Former Aviation Minister Blames Air Peace, United Nigeria for Collapse of Nigeria Air

ABUJA, Nigeria — Former Minister of Aviation and Aerospace Development, Hadi Sirika, has said domestic carriers were responsible for the collapse of the Nigeria...

Tinubu Shrugs Off Trump Tariffs, Says Nigeria Hit 2025 Revenue Target

ABUJA, Nigeria — President Bola Tinubu said that Nigeria met its annual revenue target months ahead of schedule, citing strong non-oil earnings that have...

NAFDAC Issues Alert Over Fake Postinor-2 Pills in Circulation

ABUJA, Nigeria — The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a nationwide alert after falsified versions of Postinor-2,...

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