How ATE is Helping Nigerian Businesses Scale Across Africa
ATE CEO Onyekachi Izukanne explains how local production and regional sourcing can combat inflation, create skilled jobs for youth, and help SMEs expand across Africa. Discover the strategy.
Category : Search result: downstream sector expansion
North Korea's Kim Orders More Missile Factories for 2026
North Korean leader Kim Jong Un has directed officials to boost missile production and build new factories to meet military demands. This move comes amid closer ties with Russia and increased regional tensions. Read the full analysis.
Al-Qaeda-Linked JNIM Launches First Attack in Nigeria
The al-Qaeda-linked coalition JNIM has claimed its first attack inside Nigeria in Kwara State, signaling a potential new phase of jihadist expansion into the country's central region. Read key facts and analysis.
Akara Seller Buys Motorcycle, Expands Business
A Nigerian roadside akara seller inspires many after buying a brand new motorcycle to expand into delivery services. See her viral TikTok success story and the reactions.
Why Africa's Downstream Sector is the Next Big Investment
Africa's downstream oil sector needs over $100bn investment by 2050. Discover how ARDA is tackling regulatory & infrastructure gaps to unlock this massive opportunity for global investors.
Dangote Refinery Slashes Petrol Price by N200 in 2025
Dangote Petroleum Refinery closed 2025 with a dramatic N200.50 per litre price cut, reshaping Nigeria's fuel market. Learn how local refining is driving down costs and pressuring importers.
ISWAP Suspects Arrested in Lagos by SSS
Nigeria's secret police, the SSS, arrested two suspected ISWAP terrorists in Lagos on December 21. Experts warn of the group's expansion efforts beyond the Northeast. Get the full details.
Petrol Station Workers Demand Health Insurance from IPMAN
Labour advocates urge IPMAN to provide health insurance for petrol station workers nationwide, citing daily exposure to toxic fumes and fire hazards. This follows NNPCL's new scheme for its retail workers.
Dangote Sells Fuel at N739 via MRS Stations
Dangote Refinery begins nationwide PMS sales at N739 per litre through MRS stations, warns against artificial scarcity, and urges Nigerians to report non-compliance for economic relief.
Dangote, Others Honoured in Downstream Petroleum Awards
Petroleumprice.ng honours Aliko Dangote, MRS Oil, Rainoil, and others in its first industry awards. Winners were chosen via a hybrid model of public votes and expert judges. Read the full list.
Nile Cinemas, VIVA Partner for Major Nationwide Expansion
Nile Cinemas integrates VIVA Cinemas into its network, expanding to Ikeja, Ibadan, Ilorin, and Enugu. The move aims to redefine Nigeria's movie-going experience with upgraded facilities.
Makinde Signs ₦892bn 2026 Oyo Budget Monday
Governor Seyi Makinde will sign Oyo State's ₦892 billion 2026 Appropriation Bill into law on Monday, December 22. The 'Budget of Economic Expansion' aims to drive growth and infrastructure. Read details.
Dangote Refinery Resumes Free Petrol Delivery at N699/Litre
Dangote Petroleum Refinery has resumed free nationwide petrol delivery to stations at a new price of ₦699 per litre, aiming to stabilise Nigeria's fuel market. Learn about the incentives and registration process.
Africa's Fuel Import 'Slavery' Persists Despite New Refineries
Africa remains trapped in fuel import dependence despite new refineries. This analysis reveals the structural barriers, from fragmented standards to poor infrastructure, that keep the continent vulnerable to global shocks. Discover the path to true energy
Nollywood's $1 Billion Deal Marks New Chapter
Nigerian film industry, Nollywood, enters a transformative phase with a $1 billion partnership between The Entertainment Network (TEN) and The Evolution Media Group (TEMG). Discover the plans for global expansion, new studios, and job creation.
Conoil Posts 60.5% Revenue Surge, Declares Dividend
Conoil Plc reports a massive 60.5% revenue growth to N323.1bn for 2024, proposing a N2.4bn dividend. Discover how Nigeria's downstream giant thrived despite economic headwinds.
Putin's Year-End Remarks: Demands Respect, Lists Gains
Russian President Vladimir Putin, in his marathon press conference, demanded 'respect' from the West and listed battlefield gains. This follows a new $105bn EU loan to Ukraine. Read the full analysis.
Nigeria's oil rigs stuck at 41 amid OPEC expansion
Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.
ISPs Seek Policy Help for Underserved Areas
Internet providers urge government intervention to expand services to unserved regions. High costs and infrastructure vandalism threaten growth despite rising demand for broadband.
Dangote Seeks ICPC Probe of NMDPRA MD Over $7M
Aliko Dangote petitions ICPC, alleging NMDPRA MD Farouk Ahmed misused public funds for children's Swiss tuition. Lawyers group condemns 'media trial'. Full story.
Fuel Depot Prices Crash 14% After Dangote Rate Cut
Petrol prices at Lagos depots have plunged by 14% to N710 per litre following Dangote Refinery's aggressive price slash, sparking a rush by marketers. Discover the market realignment.
Reps Panel Pushes for Fuel Supply Sufficiency, Downstream Efficiency
The House Committee on Petroleum (Downstream) outlines a legislative push to strengthen local refining and stabilise Nigeria's fuel sector ahead of 2026. Read the full plan.
House of Reps Intervenes in Dangote, NMDPRA Dispute
The House of Representatives has stepped in to mediate the escalating conflict between Dangote Refinery and the NMDPRA. Both parties have been summoned to present their cases. Read the full story.
Anambra Deploys AI, Broadband to Transform Governance
Anambra State is using Artificial Intelligence and expanded broadband to reshape public service delivery. Discover how this digital-first approach is creating a smarter government.
Vodacom Takes Control of Safaricom in $2.1B Deal
South Africa's Vodacom secures a controlling 55% stake in Kenya's Safaricom for $2.1 billion, reshaping East Africa's telecom landscape and boosting digital inclusion. Read the full analysis.
Eterna Plc Launches N21.52 Billion Rights Issue
Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.
10 New Diagnostic Centres to Launch in Nigeria by 2026
NSIA-MedServe partners with GE Healthcare to establish 10 diagnostic centres nationwide by mid-2026, boosting access to CT scans, mammography, and X-rays for early disease detection.
Enugu Plans 5 New Transport Terminals to Boost Economy
Governor Peter Mbah unveils a N1.62 trillion budget for 2026, prioritizing transport infrastructure with five new terminals and 2,000 city taxis to stimulate Enugu's economic growth.
Nigeria's Economy Grows 3.98% in Q3 2025
Nigeria's economy expanded by 3.98% in Q3 2025, with services and agriculture leading growth. The non-oil sector remains a key driver. Discover the full breakdown and what it means for the nation's economic outlook.
Business Confidence High as Firms Expand Inventory for Yuletide
Nigeria's private sector expands for 13th straight month. PMI at 53.6 points as companies build inventory for Christmas demand. Inflation eases, boosting business outlook for 2025. Read more.
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