Eko DisCo: Free Meters Only Through Official Portal
Eko DisCo urges customers to apply for free prepaid meters only via its official portal, warning against third-party scams. Learn about the MAF Tranche B scheme and community engagement in Apapa.
Category : Search result: refinery acquisition
Vodacom Takes Control of Safaricom in $2.1B Deal
South Africa's Vodacom secures a controlling 55% stake in Kenya's Safaricom for $2.1 billion, reshaping East Africa's telecom landscape and boosting digital inclusion. Read the full analysis.
Serbia's Oil Refinery Shutdown Could Cost for Years
Experts warn Serbia faces years of economic fallout, job losses, and budget risks after the shutdown of its only oil refinery due to US sanctions on Russian owners. Read the full analysis.
NNPC, Depots Slash Petrol Prices After Dangote's Move
Nigerians get relief as petrol prices drop nationwide. NNPC and private depots cut rates after Dangote Refinery's pledge to supply 50 million litres daily, sparking intense market competition.
Witness: Sylva Gave Verbal Order for $13.45m NCDMB Payment
An EFCC witness reveals ex-Minister Timipre Sylva's verbal instruction led to a $13.45m payment in a $35m NCDMB fraud case. The Brass refinery project remains abandoned. Read the full details.
Prada Finalises €1.25 Billion Takeover of Versace
Italian fashion giant Prada has finalised its acquisition of rival Versace for €1.25 billion. Lorenzo Bertelli is named Executive Chairman. Discover the impact on global luxury.
Cooking Gas Price Rises to N820/kg After Dangote Refinery Hike
Dangote Refinery increases cooking gas price to N820 per kg, triggering nationwide retail hikes just before Christmas. Analysts question the move amid favourable global oil trends. Read more.
Dangote Refinery Vows 1.5bn Litres Petrol Supply in December
Dangote Refinery commits to supplying Nigeria with 1.5 billion litres of petrol in December 2025, promising market saturation and price stability. Read the full details of their letter to regulators.
Dangote Slashes Petrol Price to N840/Litre for Christmas
Dangote Refinery reduces petrol ex-depot price to N840/litre, triggering competitive cuts among depot owners. The move follows NNPC's price adjustment and a global crude oil price crash to $60 per barrel. Read more on the festive season relief.
Stock Market May Reach N262 Trillion in 2026
Bismarck Rewane predicts Nigerian stock market capitalization could surge to N262 trillion next year, driven by major listings like Dangote Refinery and NNPC. Discover the growth trajectory.
Egbe-Idimu Council Boss Empowers Skills Graduates
Egbe-Idimu LCDA Chairman Idris Balogun empowers 500 skills acquisition graduates with tools and N100,000 cash each, marking 100 days of 'Renewed Hope Agenda'.
Dangote Refinery to Supply 1.7bn Litres of Petrol Monthly
Dangote Refinery commits to supplying up to 1.7 billion litres of petrol monthly, boosting Nigeria's fuel security. Read the full details of this landmark development.
First HoldCo Sells FBNQuest to EverQuest in Banking Deal
First Bank's parent company completes sale of FBNQuest Merchant Bank to EverQuest Acquisition LLP, marking significant restructuring in Nigeria's banking sector. Learn the details.
Dangote Refinery Saves Nigeria N10bn Yearly
Dangote Refinery is saving Nigeria over N10 billion annually in foreign exchange by replacing fuel imports with locally refined products. Discover how this impacts Nigeria's economy.
Nigeria's Petrol Consumption Hits 56.74M Litres Daily
New data reveals Nigeria consumed 56.74 million litres of petrol daily in October 2025, with Dangote Refinery producing 18.03 million litres. Discover the full energy consumption breakdown.
NNPC Petrol Price Drops to N905, Remains Above Rivals
NNPC reduces petrol pump price to N905 per litre, but major marketers like Ardova and MRS offer cheaper fuel. Analysts predict further cuts as competition intensifies.
New 30,000 bpd Modular Refinery Launches in Delta
The Federal Government has endorsed a new 30,000-barrel-per-day modular refinery in Koko, Delta State. This project by Ebenco Global is set to create jobs and reduce Nigeria's reliance on imported fuel.
Dangote Refinery Denies Exporting Off-Spec Diesel
Dangote Refinery refutes claims of exporting substandard diesel to Europe as market sources cite quality issues. Learn about the specifications debate and regional market shifts.
Dangote Refutes Off-Spec Diesel Claims Amid Quality Concerns
Dangote Refinery rejects claims of supplying substandard diesel to Europe while maintaining West Africa as primary market. Company plans Euro VI standards by 2028.
Hungary increases oil shipments to Serbia amid sanctions
Hungary pledges increased oil exports to Serbia as US sanctions threaten refinery shutdown. Learn how this energy crisis impacts Balkan stability and payment systems.
Dangote Refinery Expands to 1.4 Million Barrels Daily
Dangote Group partners with Honeywell International to double refinery capacity by 2028, making Nigeria global refining leader. Learn how this impacts Africa's energy independence.
30,000-BPD Modular Refinery Inspected in Delta
Minister Lokpobiri inspected Ebenco's 30,000-barrel modular refinery in Koko, Delta, boosting Nigeria's energy security and creating jobs. Read more about this landmark project.
Dangote Refinery Triggers Fuel Price Competition in Nigeria
Nigerian petrol market sees intense competition as Dangote Refinery and importers adjust ex-depot prices. Latest updates on fuel costs and market dynamics revealed.
Dangote Refinery Expansion Targets 1.4mbpd by 2028
Dangote Group partners with Honeywell International to expand refinery capacity to 1.4 million barrels daily by 2028, boosting Nigeria's energy security and economic growth.
NNPC Targets 2026 for Refinery Partners, Posts N5.4tn Profit
NNPC Limited announces June 2026 timeline to select technical partners for Port Harcourt, Warri and Kaduna refineries rehabilitation while revealing record N5.4 trillion profit for 2024.
Petrol Prices Fall Below NNPC Rate Amid Import Surge
Major Nigerian filling stations slash petrol prices below NNPC rates as imports surge. Discover how this impacts consumers and market competition.
Paystack Fires Co-founder Over Sexual Misconduct
Paystack terminates Co-founder Ezra Olubi amid sexual misconduct allegations. The Nigerian tech giant escalates a controversy shaking Africa's startup ecosystem. Read the full story.
Paystack terminates CTO Ezra Olubi amid misconduct probe
Paystack has terminated co-founder Ezra Olubi's employment following sexual misconduct allegations. Olubi claims termination occurred before investigation concluded. Read full details.
Dangote Refinery to Fine Marketers Over Leaking Trucks
Dangote Petroleum Refinery warns marketers against leaking fuel tankers, threatening fines and suspension. Safety concerns rise amid Nigeria's tanker explosion crisis claiming hundreds of lives.
US sanctions hit Lukoil's Bulgaria refinery operations
Bulgaria takes control of Lukoil's Neftochim refinery to avoid US sanctions. Learn how this affects fuel supply in Southeast Europe and the search for new buyers.
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