company news
Dangote Refinery Expands Storage with Eight Additional Tanks for Imported Crude
The Dangote Petroleum Refinery is increasing its crude oil storage capacity by constructing eight additional tanks, adding 6.29 million barrels...
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Nigerian Equities Market Sees Sustained Rally, Investors Gain ₦607 Billion
The Nigerian equities market maintained its upward trajectory last week, driven by increased investor activity across key sectors. Renewed interest...
Read morePetrol Pump Price Remains N1,025 Despite Dangote Refinery’s Price Reduction
Despite a recent price cut by Dangote Petroleum Refinery, petrol pump prices remain unchanged at many stations across Nigeria. The...
Read moreUPL Leads Gainers with 10% Surge as All-Share Index Slightly Declines
The Nigerian All-Share Index (ASI) ended Thursday, December 5, 2024, with a marginal dip of 60.88 points, closing at 98,114.11....
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Digital Giants Contribute ₦2.55 Trillion in Taxes in Nigeria for H1 2024, Says NITDA
Foreign digital companies, including Google, Microsoft, and TikTok, have collectively contributed ₦2.55 trillion in taxes to Nigeria’s coffers during the...
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Court Strikes Down NBC’s 2.5% Gross Income Levy on MultiChoice and GOtv
In a landmark decision, the Federal High Court in Abuja on Wednesday invalidated Section 2(10)(b) of the National Broadcasting Code,...
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Access Bank Tops Nigerian Banks in Staff Salaries for 2024
An analysis of the financial performance of 11 Nigerian banks for the first nine months of 2024 reveals that these...
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Personnel and Pension Costs to Surge by 58.7% in 2025 Due to Minimum Wage Hike
The Federal Government of Nigeria is set to experience a significant rise in personnel and pension costs in 2025, driven...
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Dangote Refinery to Supply Petrol Directly to IPMAN Members at Lower Rates
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached an agreement with the Dangote Petroleum Refinery to buy petrol...
Read moreIPMAN and Dangote Refinery Forge Direct Supply Agreement for Petroleum Products
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has struck a significant deal with Dangote Refinery, allowing its members to...
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UAC Nigeria Lists N54.03 Billion Bond on NGX in Fixed Income Push
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NNPC Crude Deliveries to Dangote Refinery Exceed 1 Million Tonnes in April
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Brent Crude Price at $84.21 Per Barrel as Oil Prices Face Weekly Decline
