Dangote Petroleum Refinery and Petrochemicals FZE has extended the closing date of its initial publicoffering by two weeks to allow more investors across Africa to participate in the share sale.The offer, which opened on 14 September 2026 and was originally scheduled to close on 13 October,will now end on 27 October 2026. Nigeria’s Securities and…
Presidential candidate of Nigeria Democratic Congress (NDC), Peter Obi, yesterday blamed President Bola Tinubu’s major reforms, including the removal of the fuel subsidy, floating of the naira, and tax reforms, for the worsening hardship in the country. Obi said implementation of the different reforms had contributed to rising prices, business closures, unemployment, and declining living…
President Bola Tinubu has declared a three-day national mourning for Air Force personnel who died in the crash of a military plane today. He also directed that flags should be flown at half-mast throughout the country as a mark of respect to the officers. The accident occurred near a naval base in the Igbokoda area…
Vice President Kashim Shettima is calling for national cohesion and a collective response to the death of 37 miners in Niger State, urging Nigerians to focus on measures that can prevent similar tragedies rather than politicising the incident. Shettima made the call during a condolence visit to the state, where he expressed sympathy with the…
Minister of Aviation and Aerospace Development, Festus Keyamo, said the President Bola Tinubu administration was redirecting the funds saved by removing the fuel subsidy and investing them in critical aviation infrastructure and the modernisation of the country’s airports. Keyamo said the federal government is investing over N500 billion to expand and build a state-of-the-art international…
Iranian President Masoud Pezeshkian said on Monday that negotiations with the United States are“meaningless,” arguing that talks have repeatedly been followed by renewed attacks and thatWashington is not seeking genuine dialogue. Speaking in Tehran during a meeting with Armenian Foreign Minister Ararat Mirzoyan, Pezeshkian wasquoted by the state news agency IRNA as saying: “So far,…
President Bola Tinubu has returned to Nigeria after extending his working vacation in Europe and missing an earlier deadline for his return. He arrived in Lagos yesterday evening, almost a month after leaving Abuja on August 30, and was welcomed by senior government officials, including Lagos Governor Babajide Sanwo-Olu, the Deputy Senate President and the…
Africa’s richest man, Aliko Dangote, yesterday remained upbeat about the take-off of his $16 billion Lamu Refinery in Kenya despite a court ruling directing parties to maintain the status quo on the disputed site, with the company insisting that today’s groundbreaking ceremony would go ahead. The Malindi Environment and Land Court issued the order following…
The Dangote Group has unveiled more details of its ‘Vision 2030’, targeting over $115 billion in group turnover and $35 billion in annual profit by 2030, anchored on nearly $50 billion in new investments across Africa. This, it said, includes an $8 billion 13-metric-tons-per-annum (MTPA) Liquefied Natural Gas (LNG) plant, and a new East Africa…
President Bola Tinubu will be returning to Nigeria tomorrow, the presidency has clarified, while responding to the barrage of questions around his absence. Presidential spokesperson Bayo Onanuga said the president was in good health and on a working vacation, citing his weekend meeting with investors in France. Presidential candidate of African Democratic Congress (ADC), Atiku…
