US-Iran conflict: MAN outlines measures to mitigate effect on Nigerian manufacturers
Nigeria’s manufacturing sector may face serious challenges as tensions between the United States and Iran continue to affect global markets. The Manufacturers Association of Nigeria (MAN) has raised concerns that the situation could disrupt operations and slow down growth in 2026. According to MAN’s Director General, Segun Ajayi-Kadir, many manufacturers are already struggling with rising […]
Dangote Promises Lower Fuel Prices in Nigeria with New Refinery
Aliko Dangote, Chairman of the Dangote Group, announced that his $20 billion refinery in Lagos, which processes 650,000 barrels per day, will help reduce fuel prices in Nigeria. He shared this at a recent forum in The Bahamas. When asked if the refinery would lower petrol prices, which are currently around N700 per liter, Dangote […]