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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.
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Federal Government urges states to link 2027 budgets to education and primary healthcare plans for better public service delivery.
The Independent National Electoral Commission (INEC) has warned political parties and candidates against vote buying, campaign misconduct and electoral malpractice ahead of the 2027 general election. The commission says it will monitor violations, prosecute offenders and deploy technology to deter ballot-box snatching.
The Nigeria Democratic Congress says it is conducting due diligence on prospective campaign council members, delaying the inauguration of its presidential campaign team and release of its 2027 manifesto. The party says Peter Obi and Rabiu Musa Kwankwaso will determine the inauguration date.
The Nigeria Democratic Congress says it is conducting due diligence on prospective campaign council members, delaying the inauguration of its presidential campaign team and release of its 2027 manifesto. The party says Peter Obi and Rabiu Musa Kwankwaso will determine the inauguration date.
Financial analyst Bismarck Rewane says smuggling deprives Nigeria of government revenue, undermines local manufacturers and exposes consumers to substandard goods. He urged the government to address exchange-rate disparities, import duties and border weaknesses that encourage illicit trade.
Nobel laureate Wole Soyinka has urged scientists and technology developers to ensure artificial intelligence does not undermine human creativity, imagination and identity. Speaking at the 2026 Nigerian Prize Awards Night in Lagos, he called for ethical boundaries that would allow technology to advance without diminishing humanity.
Finance Minister Taiwo Oyedele says Nigeria lacks sufficient freely available crude oil to meet the needs of the Dangote Refinery and other domestic processors, despite producing about 1.8 million barrels daily. He says increased production is needed to close the supply gap.
The Court of Appeal in Kaduna has dismissed former governor Nasir El-Rufai’s appeal against the refusal of bail, ruling that he failed to present fresh facts or special circumstances to justify overturning the lower court’s decision. The court also upheld an order for an accelerated trial.
The Federal Government has announced the temporary closure of Sam Mbakwe International Cargo Airport in Owerri, Imo State, for 25 days from October 20 to allow runway repairs, resurfacing and extension ahead of the Christmas travel season.
The Senate has ruled out amending the Electoral Act 2026 before the 2027 general elections, saying political parties have already begun preparations under the existing law. Any review, it says, will be considered after the polls.
The United States has warned American investors and business executives that business trips to Nigeria could expose them to detention amid regulatory investigations, tax disputes and commercial disagreements. The warning appears in the US Department of State’s 2026 Nigeria Investment Climate Statement.
The family of Taofeek Azeez, 40, has called for an investigation into his death in police custody in Agbeye, Osun State, following his arrest over alleged cocoa seed theft. Police say he died by suicide and that the officer responsible for the cell would be questioned.
Ugoji Egbujo has criticised President Bola Tinubu’s handling of insecurity, citing mass abductions, ransom payments and questions surrounding reported rescue operations. He argues that the administration has yet to demonstrate an effective strategy against kidnapping and banditry.