Nigerian industrialist Aliko Dangote has acquired a 24.76% stake in Kenya Pipeline Company (KPC) for $327 million, expanding his investments in Africa’s petroleum distribution infrastructure as he advances plans for a major refinery in Kenya. Dangote announced the acquisition on Wednesday, October 21, 2026, at the...
Read moreDetailsNigeria’s average inflation rate is projected to decline to 15.6% in 2026 from 23.0% in 2025, before easing further to...
The Nigerian Maritime Administration and Safety Agency (NIMASA) has detained four vessels in Lagos waters over alleged violations of Nigeria’s...
Nigeria’s Senate has rejected conflicting records of petrol imports reported by two major petroleum agencies, summoning their heads and the...
The cost of preparing a pot of jollof rice in Nigeria fell by ₦3,400 between June and September, but the...
Nigerian startups attracted $635 million in funding between January and September 2026, reclaiming their...
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