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IPO: Dangote Petroleum Refinery Extends Offer Period by Two Weeks
Dangote Refinery extends its share offer to October 27, giving investors more time to participate in the landmark IPO.
General news.
Nigeria’s Oyedele and Cardoso seek World Bank guarantees to attract private capital for infrastructure projects.
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Dangote Refinery extends its share offer to October 27, giving investors more time to participate in the landmark IPO.
News
Federal Government urges states to link 2027 budgets to education and primary healthcare plans for better public service delivery.
Durban authorities have begun screening Nigerians and other African migrants to verify immigration status amid rising anti-foreigner tensions in South Africa. Officials say the move follows findings that most migrants lacked valid documentation.
Gani Adams says terrorist cells are spreading into Yorubaland, warning that insecurity has reached a critical level. He urged South-West governors to back coordinated action, claiming he has the capacity to help curb kidnappings within six months if empowered.
Former Head of State Yakubu Gowon recounts confronting Joe Garba over an alleged coup plot before his 1975 overthrow, describing fear, mistrust, and the emotional shock of losing power while attending an OAU summit in Kampala.
The Labour Party has screened former minister Labaran Maku and two presidential aspirants ahead of its 2027 primaries. The candidates pledged reforms, consensus support, and stronger governance systems to address insecurity and Nigeria’s development challenges.
The APM in Lagos says it has screened and cleared 68 aspirants, including governorship hopeful Laja Adeoye, ahead of 2027 elections under a consensus arrangement, with leaders describing the process as a step toward strengthening the party’s opposition role in Lagos.
Drug abuse, illegal mining, and gang violence are fueling insecurity in Niger State, especially Minna. Residents and security agencies say weak enforcement and unemployment are sustaining a dangerous cycle affecting youths and communities.
Bandits are demanding ₦1bn and 35 motorcycles for the release of 37 worshippers abducted from churches in Kaduna’s Ariko community. Residents say they cannot meet the demand and are urging government intervention after 45 days in captivity.
Abia Governor Alex Otti says his administration has built 414 roads, cut the state’s debt by 60%, and made major gains in health, education, and infrastructure reforms, describing the progress as part of efforts to restore fiscal discipline and development.
Sheikh Ahmad Gumi has denied online reports linking him to banditry support, calling them false and manipulated. He warned of legal action, urged the public to ignore misinformation, and called for deeper solutions to Nigeria’s insecurity challenges.
Peter Obi says UK banks gave him loans based on his educational background rather than collateral, contrasting it with Nigeria’s banking system, which he described as heavily dependent on physical assets.
The United States has directed Nigerians and other foreign nationals applying for green cards to return to their home countries for processing, as part of a new immigration policy aimed at tightening residency procedures.
The Dangote Group says it is on track to surpass $100 billion in annual revenue by 2030, driven by expansion in its petroleum refinery, fertilizer and petrochemical exports, and continued dominance in cement production across Africa and global markets.