The Freedom of Information suit filed by De Renaissance Patriots Foundation and the Ibeju-Lekki Peoples Forum in Lagos, which was scheduled for a hearing on Tuesday, was stalled due to the absence of the presiding judge, Justice Ayoola Olayinka Faji, as well as the absence of the Lagos State Government, the Attorney General, and other defendants.

Dangote Refinery and Petrochemicals said yesterday it was settling out of court with the Nigerian National Petroleum Company Limited, NNPCL, and six others over import licences granted them by the Nigeria Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to import petrol into the country.

The management of Dangote Refinery has refuted claims that it initiated new legal action against the NNPC and other companies regarding import licenses. This clarification follows recent reports suggesting that the Refinery had filed a lawsuit to invalidate import licenses granted to the NNPC and others. In a statement issued on Monday by Anthony Chiejina, […]

The commencement of operations of the Dangote Refinery has led to about 100 percent increase in the net worth of Aliko Dangote, Bloomberg Billionaires Index stated on Thursday.

The Trade Union Congress (TUC) on Thursday stated that granting a special foreign exchange (FX) intervention is the only solution to addressing the high cost of petroleum products, particularly Premium Motor Spirit (PMS), in Nigeria.