Pascal Oparada
6957 articles published since 29 Nov 2021
6957 articles published since 29 Nov 2021
HBM seeks distributors with ₦250m capital as it expands capacity and challenges Dangote and BUA amid soaring prices and competition in Nigeria’s cement market.
Fresh petrol, diesel, aviation fuel and butane cargoes reach Lagos, Warri and Port Harcourt, boosting Nigeria’s supply and fuelling downstream competition.
HBM Nigeria seeks cement distributors with N250m capital, warehouses and five trucks as prices hit N15,000, potentially reshaping competition across Nigeria.
NNPC begins technical assessments of Port Harcourt and Warri refineries as petrol hits N1,500 and diesel tops N2,000, while partnership talks remain ongoing
Dangote’s costly setbacks in textiles, flour, telecoms, aviation and food processing paved the way for his $20bn refinery success and $47.6bn valuation today.
Naira gains push the British pound below ₦1,800 as FX liquidity improves, while UK job data and BoE and Fed decisions shape the exchange rate outlook ahead.
Global crude and depot prices fall, fuelling hopes of cheaper petrol in Nigeria as NMDPRA explains pump pricing under the deregulated market as debate grows.
Nigeria petrol prices fell to N1,330 per litre in Calabar, Warri and Port Harcourt as Dangote Refinery supply intensified competition; diesel prices shifted.
Femi Otedola’s fortune hits $2bn as FirstHoldCo tops N7tn in market value, narrowing the gap with Africa’s billionaires as FTSE inclusion now draws investors.
Pascal Oparada
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