Tag: Dangote

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Borrowed Glory: Nigeria’s Reserves Boom Was Built By A Refinery This Government Didn’t Make Possible

By Kunle Oshobi Nigeria's foreign reserves recently touched $54.18 billion, the highest level in eighteen years. Predictably, the Tinubu administration has moved quickly to claim...

Shock as Fuel Price Drop in Nigeria After Dangote Refinery Move

Petrol prices have dropped across Nigeria after marketers reduced pump rates following Dangote Refinery’s cut in its petrol gantry price, easing pressure on motorists...

Africa’s largest Bank backs Dangote refinery IPO

Africa’s largest financial institution, Standard Bank Group, has reaffirmed its commitment to support the growth of Dangote Industries Limited, pledging backing for the planned...

Why Dangote eyes $17bn Kenya refinery deal

Aliko Dangote says he may build a $17 billion oil refinery in Kenya, signalling a major East African investment push after uncertainty over an...

Dangote assures Nigerians of steady petrol, diesel supply

 By Paul Ejime Dangote Petroleum Refinery has reiterated its commitment to ensuring a steady and uninterrupted supply of petrol or Premium Motor Spirit (PMS) and Automotive Gas Oil...

Sell crude oil to Dangote, other refineries in Naira…

The Federal Executive Council (FEC) has directed the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to Dangote Refinery and other local...