Oil

Hard Times For Okomu Oil and Presco As Cheap Oil Palm Imports Hurt Their Profitability And Business Model

Nigeria’s largest listed palm oil manufacturers, Presco Plc and Okomu Oil Palm Plc, are facing significant headwinds as…

ByByABT News Aug 10, 2026

Dangote Refinery Prepares for Historic $5 Billion IPO: A Defining Moment for African Capital Markets

LAGOS, Nigeria — Africa’s richest industrialist, Aliko Dangote, is setting the stage for what could become the largest…

ByByABT News Aug 7, 2026

SAUDI ARABIA FORGES HISTORIC MARITIME ALLIANCE WITH AFRICAN NATIONS AMIDST US-IRAN WAR DISRUPTIONS

RIYADH — In a major geopolitical move aimed at circumventing the devastating trade disruptions caused by the ongoing…

ByByABT News Aug 6, 2026

BREAKING: Atiku Queries FG Over ₦7.98 Trillion Oil Windfall Amid Massive Domestic Borrowing

ABUJA — Former Vice President and 2027 African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has challenged the…

ByByABT News Jul 27, 2026

BREAKING AT ABT NEWS: Aliko Dangote Shatters Tradition, Entrusts $100B Industrial Empire to His Daughters

LAGOS, NIGERIA — In a move sending shockwaves across the continent’s corporate landscape, Africa’s richest man, Aliko Dangote,…

ByByABT News Sep 15, 2026

The Architects of Africa’s Biggest Share Sale: A Critical Look at the Dealmakers Behind the Dangote Refinery IPO

By ABT News Editorial The Dangote name requires no introduction, and the sheer scale of his mega-refinery has…

ByByABT News Sep 11, 2026
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