NASCON Allied Industries Plc has rewarded its shareholders with a historic 200 per cent increase in dividend payout, underscoring a remarkable financial performance that saw profit after tax surge by over 100 per cent to N33. 5 billion in the 2025 ...
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Biztellers | Nigeria’s fastest-growing online business news medium

NASCON Delights Shareholders with 200% Increase in Dividend Payout

NASCON Allied Industries Plc has rewarded its shareholders with a historic 200 per cent increase in dividend payout, underscoring a remarkable financial performance that saw profit after tax surge by over 100 per cent to N33.5 billion in the 2025 financial year, despite a challenging operating...

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Global Demand Takes Dangote Refinery’s Jet Fuel Export over 770% in 24 Months

Rising global demand for aviation fuel and expanding refining capacity for jet fuel have pumped exports from the Dangote Petroleum Refinery and Petrochemicals (DPRP), up by about 770 percent over the past two years.

But in about 24 months, the Kpler data showed that the global aviation fuel...

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PETROAN Rallies NUPENG for Revival of Decaying Refineries

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has charged the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) to push for the revival of moribund refineries across Nigeria.

PETROAN National Public Relations Officer, Dr Joseph Obele, in a congratulatory...

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Unstable Naira Makes ₦1m Salary Worthless — NLC

The Nigeria Labour Congress (NLC) has warned that a monthly salary of ₦1 million has become practically worthless to Nigerian workers due to the continued instability of the naira and rising inflation.

NLC President, Joe Ajaero, made this known on Tuesday in Abuja during an interview with the...

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Jet A1 Soaring Price Forces Local Airlines to Reduce Operations

With Aviation Kerosene (Jet A1) price persistently skyrocketing of late, Nigerian airlines have been forced to prune down their operations.

The airlines claim that the continuous spike in fuel price has pushed operating expenses to unsustainable levels, forcing tough decisions on route frequency...

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