Oil prices fell on Wednesday as reports that Saudi Arabia was offering additional crude cargoes via Oman eased concerns about the scale of Middle East supply disruptions, while European diesel...
Dangote Refinery Nigeria's Dangote oil refinery has emerged as a key supplier of fuel to Europe following disruptions to Middle East exports, highlighting its growing influence on global fuel markets...
Nigerian LNG producer NLNG aims to start up its $10 billion Train 7 LNG project by the end of 2027, its managing director Adeleye Falade told reporters on the sidelines...
Nigeria’s headline inflation rate experienced a marginal slowdown, dropping to 15.39% in August, according to the Consumer Price Index (CPI) and Inflation Report released by the National Bureau of Statistics...
Dangote sold $2.5 billion worth of shares in the refinery through a private placement in July, securing institutional investors like the Africa Finance Corporation.
The Federal Government has raised approximately ₦1.23 trillion through two bond issuances to clear part of the ₦4 trillion legacy debt owed to electricity Generation Companies (GenCos). Chief Executive Officer...
Dangote and his refinery Dangote Petroleum Refinery and Petrochemicals has officially launched its N2.15 trillion Initial Public Offering (IPO) on the Nigerian Exchange Ltd. (NGX), offering 4.1 billion new ordinary...
Dangote and his refinery Nigeria’s Dangote refinery has bought at least 16 million barrels of Nigerian crude for October arrival, according to four industry sources, in line with recent months...
Dangote and his refinery Less than three years after overcoming surging costs, swampy terrain and inadequate infrastructure to launch Africa's biggest oil refinery in Nigeria, billionaire Aliko Dangote is set...