[Premium Times] Mr Dangote said small groups profited from local product allocations under the subsidy regime and that subsidy payments alone reached nearly $10 billion annually.
[Premium Times] President of the group, Aliko Dangote, disclosed this during a recent interview with Nicolai Tangen, chief executive officer of the Norwegian Sovereign Wealth Fund.
Health officials are racing to contain a deadly Ebola outbreak in northeastern Democratic Republic of the Congo, where at least 65 people have died and hundreds more are suspected to be infected.
Small protests broke out in Havana over worsening shortages of food, power, and fuel, as Cuban authorities blamed US sanctions for the crisis and warned that fuel reserves had run out.
King Charles III marks 50 years of The King’s Trust at Buckingham Palace, celebrating its support for 1.5 million disadvantaged young people worldwide.
Chinese President Xi Jinping accompanies US counterpart Donald Trump on a walk through the gardens of Zhongnanhai, a central leadership compound next to Beijing's Forbidden City.
South Africa’s ruling African National Congress gathered for a key meeting as President Cyril Ramaphosa faces renewed impeachment pressure linked to the controversial Farmgate cash-heist scandal.
[Vanguard] Africa's richest man and President of the Dangote Group, Aliko Dangote, has alleged that some influential fuel importers fought hard to frustrate the establishment of the $20 billion refinery.
Morocco and Syria have taken a major step toward restoring relations, as Syrian Foreign Minister Assaad al-Chaibani visited Rabat for talks with Moroccan Foreign Minister Nasser Bourita. The visit marks the first by a senior Syrian official to Morocco since the fall of Bashar al-Assad.
[Capital FM] In its latest monthly review published on Thursday, EPRA said the price of Super Petrol will rise by Sh16.65 per litre while Diesel will increase by Sh46.29 per litre. Kerosene prices will remain unchanged during the review period.
get in touch
ADDRESS:
Drillplus Resources Limited
Suite 910, 9th Floor
Western House
8-10 Broad Street
Lagos
CALL US:
Tel: + 234 805 979 2044
Latest Industry News
- South Africa: South Africa’s Top Court Blocked Shell’s Wild Coast Oil Search – Why It Matters for Climate JusticeAugust 19, 2026 - 5:07 am
- Nigeria: Explainer – What to Know About FG’s Offshore IncentivesAugust 19, 2026 - 3:53 am
- Nigeria: Sahara Deepens Investment in African Oilfield ServicesAugust 19, 2026 - 1:50 am

