Dangote Refinery Begins Deployment of 1,000 CNG Trucks for Direct Fuel Distribution The Dangote Refinery on Monday officially rolled out its compressed natural gas (CNG)-powered trucks for direct fuel distribution, with over 1,000 vehicles deployed to the gantry for loading. Spokesman of the Dangote Group, Anthony Chiejina, told newsmen that more than 1,000 trucks are

Nigeria’s 50-year Fuel Queues Now History – Dangote The President of Dangote Petroleum Refinery, Aliko Dangote, has stated that the nation’s 50-year battle with fuel queues has come to an end, following one year of petrol production at the company’s 650,000 barrels-per-day facility. Speaking in Lagos on Monday at a news conference to mark the

Inflation Drops for Fifth Consecutive Months to 20.12% The National Bureau of Statistics (NBS) says Nigeria’s inflation rate declined to 20.12 percent in August — down from 21.88 percent in July. The NBS announced the reduction in its consumer price index (CPI) report released on Monday. According to the bureau, the August 2025 headline inflation

FG Suspends 4% FOB Charge by Customs The federal government has suspended the newly introduced free on board (FOB) levy collected by the Nigeria Customs Service (NCS) on imported goods with immediate effect. In a memo seen, R. O. Omachi, permanent secretary, special duties in the office of the minister of finance and coordinating minister

New Business Creation in Nigeria Falls to 3-year Low — Report Businesses in Nigeria are no longer throwing caution to the wind, as the creation of new enterprises has reached its lowest levels in three years, driven by a weaker expansion plan, a new report shows. According to a State of Entrepreneurship report published by

The Dangote Petroleum Refinery has announced a fresh reduction in petrol pump prices, offering Nigerians a much-needed relief at a time of rising living costs.  Starting from Monday, September 15, petrol will now be sold below N865 per litre at select partner filling stations across the country. This announcement comes alongside the refinery’s new distribution

Nigeria’s track sensation Tobi Amusan has stormed her way into the women’s 100m hurdles final at the Tokyo 2025 World Championships, keeping the country’s hopes alive for a medal on the global stage. The 27-year-old sprint star delivered a commanding performance in her semifinal heat, crossing the line first in 12.36 seconds despite a slight

Six figures a month with AI sounds like a joke, until you break it into systems you can run without writing a single line of code.  Brands and SMEs are under pressure to produce more content, automate repetitive tasks, and sell online despite tight budgets and FX uncertainty. Suppose you can deliver faster output, clearer

FIFA has published its latest list of disciplinary rulings from the ongoing 2026 World Cup qualifiers, confirming sanctions against several national teams while leaving the heated case involving South Africa unresolved.  The update, released in June 2025, sheds light on the growing disciplinary challenges in the qualifiers and raises new questions about consistency in enforcement.

Africa’s wealthiest businessman, Aliko Dangote, has taken a hit to his fortune after shares in his cement company slid on the Nigerian Exchange.  The billionaire, who heads the Dangote Group, saw his net worth shrink by about $163 million in just four days, bringing his total wealth to an estimated $28.8 billion, according to the

Nigeria’s largest lenders are trading at discounts to the value on their balance sheets, opening a window of opportunity for savvy investors to buy cheaply. One of the country’s largest banks, United Bank for Africa (UBA), offers the most recent example of this. UBA’s rights issue– extended to Sept. 19 to give shareholders extra time

Market watchers are expecting Nigeria’s inflation to extend its slowdown as the National Bureau of Statistics (NBS) prepares to release August consumer price data. Several analysts project the disinflation trend to continue, with forecasts pointing to decreases in year-on-year and month-on-month inflation figures. Analysts say the disinflation could result in the interest rate cut when