The Independent Petroleum Marketers Association of Nigeria (IPMAN) has secured an agreement with Dangote Refinery to lift products directly. The partnership is to ensure steady, and affordable supply of PMS products nationwide. IPMAN National President, Abubakar Garima stated thus: “We are pleased to announce that Dangote Refinery has agreed to supply IPMAN with PMS, AGO, and DPK […]
A recent report published by the National Bureau of Statistics on Internally Generated Revenue at State Level (2023) revealed that the 36 states and the FCT generated a total of N2.43 trillion as Internally Generated Revenue (IGR) in 2023. This represents a growth rate of 26.03 percent from N1.93 trillion recorded in 2022. Key highlights of the[…]
Dangote Sugar Refinery Plc has announced a substantial loss after tax of N184.36 billion for the nine-month period ending September 30, 2024. While the company’s revenue grew by 56.41% to N484.427 billion, a significant increase in finance costs (up 1561.8%) to N300.175 billion eroded profitability. As a result, the company’s earnings per share stood at a negative[…]