News

Dangote thanks Tinubu, Nigerians over his Refinery’s start of production

By Editor January 15, 2024 71 0

By Emmanuel Kwada Following the successful commencement of production of refined petroleum products by the Dangote Petroleum Refinery, President of Dangote Group, Aliko Dangote has expressed appreciation to President Bola Ahmed Tinubu for his vision and support, which encouraged him to embark on the refinery project years ago. Speaking with stakeholders in the oil and […]Continue Reading

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UBA partners Afreximbank, confirms NNPC received $2.25b

By Editor January 14, 2024 79 0

By Emmanuel Kwada Afreximbank has announced an initial disbursement of US$2.25 billion under a syndicated US$3.3 billion Crude Oil Prepayment Facility sponsored by the Nigerian National Petroleum Company Limited. The announcement was published on its website on Saturday. The Cairo-based bank stated that the landmark financing is the  largest syndicated loan ever raised by Continue Reading

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Dangote fuel may not be available in July, as Nigerians lament ‘unbearable suffering’

By Editor July 21, 2023 107

Key Points: Nigerians trek to and from work for long distances Dangote refinery may not produce fuel by end of July NNPCL tongue-in-cheek about repairs of refineries NLC accuse Tinubu government of deliberately impoverishing the masses ‘N8,000 palliative for 12 million households, an insult’ By Daniel Adaji The recent increase of fuel price from N540 […]Continue Reading

Business

The story and glory of Dangote refinery

By Editor May 25, 2023 162 0

  By Clement Adeyi The epic story of Alhaji Aliko Dangote’s journey and or adventure into the business world is not only magnetic to every reader, but could also be compelling so much that if you are into any other well-paying means of livelihood, you might want to venture into business. Reason? It is a […]Continue Reading

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Kaduna Refinery: NNPCL, Daewoo construction coy sign $740m contract for quick repair

By Editor February 3, 2023 210 0

The Nigerian National Petroleum Company Limited (NNPCL) and Daewoo Engineering Construction Nigeria Limited have signed a maintenance service contract for the quick-fix repairs of the Kaduna Refining and Petrochemical Company Limited (KRPC). Group Chief Executive Officer, NNPCL, Malam Mele Kyari and CEO of Daewoo E&C Nigeria, Mr Jung Taewon, signed the contract on Continue Reading