BUSINESS

Nigeria’s economy posts fastest growth in four years

Daily Dispatch September 23, 2025

Nigeria’s economy expanded 4.23% year on year (NGGDPQ=ECI), opens new tab in the second quarter, its quickest pace in about four years, helped by higher oil output and a stronger performance by industry and agriculture. Monday’s release by the statistics agency is the

BUSINESS

Dangote Refinery Halts Self-Collection of Petroleum Products

Daily Dispatch September 19, 2025

Dangote Petroleum Refinery and Petrochemicals Limited has announced the suspension of self-collection gantry sales of petroleum products at its facility, effective Thursday, September 18, 2025. The decision, conveyed in an internal circular to marketing partners from the refinery’s Group Commercial Operations Department and sighted on Friday, is part of ongoing operational

BUSINESS

Fidelity Bank Extends GAIM 6 Promo

Daily Dispatch September 17, 2025

Ups Total Cash Rewards to ₦189 MillionFidelity Bank Plc, a leading financial institution, has announced a three-month extension of its flagship savings campaign, the Get Alert in Millions (GAIM) Season 6 promo, now set to run until 30 November 2025. In a bold move to further excite and reward customers, the bank has also increased […]

BUSINESS

First Gasoline Shipment from Dangote Refinery Arrives in U.S.

Daily Dispatch September 16, 2025

The United States has received its first shipment of gasoline from Nigeria’s Dangote refinery, signaling a significant achievement for the $20 billion megaproject. Reuters, citing shipping data and industry sources, reported that approximately 320,000 barrels of gasoline arrived at the Port of New York on Sunday. The fuel was delivered aboard the Panama-flagged vessel

BUSINESS

PTD debunks allegations of Dangote sponsorship, says NUPENG “already drowning in oblivion”

Daily Dispatch September 15, 2025

The Petroleum Tanker Drivers (PTD) Branch of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has dismissed the weighty allegation made by the union’s leadership that Dangote Refinery was sponsoring division within PTD, and resisting workers’ rights to unionisation, a claim the Tanker Drivers described as “tissue of lies from a Union already […]

BUSINESS

Cost of Living Increases at Slower Pace as Inflation Drops 20.12%

Daily Dispatch September 15, 2025

The National Bureau of Statistics (NBS) has reported a decline in Nigeria’s inflation rate, which fell to 20.12% in August 2025, marking a 1.76 percentage point drop from the 21.88% recorded in July. According to a report released on Monday, food inflation also declined significantly, dropping to 1.65% month-on-month in August, compared to 3.12% in […]