In an exclusive interview with Channels TV, Obasanjo explained that Dangote, through a public-private partnership (PPP) initiative, offered a substantial $750 million to take control of the refineries ...

President Bola Tinubu has expressed his delight at the reopening of the Warri Refining and Petrochemical Company by the Nigerian National Petroleum Company Limited (NNPCL).  He described the ...

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has attributed the ongoing reduction in petrol prices to ...

In our discussion, the issue of the value of Naira, came up. He believes selling our oil in Naira was the solution. Why ...

Nigeria’s Dangote Refinery is now operating at 85% capacity and is on course to deliver European-standard products by January, an executive said on Friday. The 650,000-barrel-per-day Dangote oil ...

The Nigerian National Petroleum Company Limited (NNPC) is seeking a fresh $2 billion to balance its finances and invest in new oil installations to raise crude oil production, Africa Intelligence has ...

He added that the interest, worth $2.76 billion, was financed by a forward sale agreement of $1.036 billion, out of which $1 billion was paid to . Dangote Refinery debunks NNPC's claim But ...

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We didn't frustrate Dangote Refinery - NNPC The Dangote Petroleum Refinery and Petrochemicals (DPRP) has debunked claims that the Nigerian National Petroleum Company (NNPC) Limited used a $1 ...

The Dangote Refinery said that the NNPC Ltd's $1 billion investment was not made to support the refinery during liquidity challenges, but rather to acquire a 7.24 per cent stake in the refinery.

Dangote Refinery said on Wednesday that the Nigerian National Petroleum Company Limited (NNPC Ltd) $1 billion loan only represents about 5 per cent of the investment that went into building the ...

On Monday, the NNPCL Chief Corporate Communications Officer, Mr Olufemi Soneye, at a stakeholders’ engagement meeting, said the company secured a $1 billion loan backed by crude oil to support ...