Eko Electricity Distribution Company Plc (Eko DisCo) has registered a subsidiary, Excel Electricity Distribution Company Limited, to taker over the operations of its electricity distribution business in Lagos State. In a statement released on Tuesday, October 7, 2025, the management of Eko DisCo clarified that the creation of the subsidiary was in compliance with regulatory …
As the people groan over the unprecedented hike in the price of Liquefied Petroleum Gas (LPG), also known as cooking gas, the Dangote Petroleum Refinery has cut its ex-depot price from ₦860 to ₦760 per kilogram. This reflects a ₦50 reduction or 6.17 per cent drop from the previous price. The price is considered the …
With the current drive and policies to ramp up crude oil production, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) aims to achieve about 2.5 million barrels per day of crude oil production in 2027. The Commission said since its establishment, the country has continued to record a continuous increase in crude oil production, now at …
The Federal High Court in Abuja dismissed a lawsuit filed by businessman Abubakar Ismaila Isa Funtua, who claimed that his 43 million shares were transferred without his agreement to Emerging Markets Telecommunication Services Limited (EMTS), the operators of 9mobile. Justice Mohammed Umar ruled in the case FHC/ABJ/CS/1971/2024 on September 24, 2025, that Isa, the lone …
Dangote Group put up an impressive pavilion showcasing a wide range of products at the ongoing 20th Abuja International Trade Fair. The pavilion attracted many participants on Saturday, who visited and expressed interest in Dangote Refinery and the Group's wide range of products. The 2025 international trade fair organised by the Abuja Chamber of Commerce …
Financial experts will, on Thursday, October 9, 2025, gather at an annual webinar organised by DataPro Limited, one of Nigeria's credit rating agencies, to highlight the role of credit rating agencies in the ever-changing global economy. This year’s webinar themed “The Role of Credit Rating Agencies in a Dynamic Global Economy” is part of events …
The price of Liquefied Petroleum Gas (LPG), also known as cooking ga,s has risen to the roof top in Lagos. This is as long queues have been observed at different refilling depots due to the scarcity of the product. This is coming days after the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) …
The African Regional Organisation of the International Trade Union Confederation (ITUC-Africa) has called for the immediate recall of workers sacked by the management of Dangote Petroleum Refinery in Nigeria. The regional organisation, which represents 18 million workers across 52 African countries, strongly condemned the alleged termination of employment of over 800 workers at the Dangote …
Nigeria's President Bola Tinubu has called for creation of an endowment fund for the Wole Soyinka Centre For Culture And Creative Arts formerly known as the National Arts Theatre in Lagos. Tinubu made the call during the official reopening of the Soyinka Centre on Wednesday in Lagos. Pinnacle Daily reports that President Tinubu had in …
The National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Engr. Festus Osifo, has warned that the union will resume the nationwide strike if the Dangote Group fails to comply with the resolution reached during the two-day conciliatory meeting held in Abuja. Speaking during a press conference on Wednesday, October …
