Renowned African industrialist and philanthropist, Aliko Dangote, has been named among TIME Magazine’s 100 Most Influential People in the World for 2026, reaffirming his standing as one of the most successful and iconic business leaders of his generation.

Dangote joins global influential figures...

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Dangote Sugar Refinery Plc has received shareholders’ approval for a N500 billion Rights Issue, thus positioning the company to strengthen its financial standing, expand its capital base, and accelerate strategic initiatives.

The Rights Issue, the shareholders reasoned will aid the Company in its...

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The Dangote Refinery supplied about 72.3 percent of Nigeria’s total domestic demand for petrol in March, while consumption fell by approximately 17 percent during the period under consideration from 56.9 million litres per day in February to 47.3 million litres last month.

Besides, although still...

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Nigeria’s Premium Motor Spirit (PMS), commonly known as petrol, consumption fell by 17 percent to 47.3 million litres per day in March 2026 from 56.9 million litres per day in February, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

Data from the...

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The trial of former Nigerian Petroleum Minister, Diezani Alison-Madueke, continued on Day 18 at the Southwark Crown Court, where she mounted an extensive defence of her tenure, insisting she had limited direct control over oil contract awards and describing herself as largely a “rubber stamp”...

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