IMF: Dangote Refinery, supportive credit facility, can accelerate Nigeria’s economic recovery process
The IMF has noted that the non-oil sector of the Nigerian economy benefit from the new Dangote Refinery and supportive ...
Tag: Dangote Refinery
Fuel subsidy conundrum: Should Nigeria adopt Mexico’s formula?
The upturn in oil prices in the international market has pushed the landing cost of fuel imported to Nigeria to ...
Dangote refinery to commence operations in third quarter of 2022
The President of Dangote Group, Aliko Dangote, has revealed its refinery subsidiary will commence processing of crude oil in the ...
Africa’s richest man, Aliko Dangote, has $3.5 billion in his “bank account”
In the aftermath of the Omicron Covid-19 variant and the strong dollar rattling financial markets across board, Africa's richest man, ...
Dangote Refinery to become highest employer of chemical engineers in Nigeria
The National President of Nigeria Society of Chemical Engineers (NSCh) has revealed that Dangote Oil Refining Company will be the ...
Dangote refinery will save Nigeria up to 30% of FX spent on imports – Emefiele
The Central Bank Governor, Godwin Emefiele has stated that Nigeria's import of petroleum products using 30% of its forex can ...
Dangote Refinery to employ additional 17,000 staff in a few months
The number of staff employed at the Dangote Refinery Project site is expected to increase from 40,000 personnel to 57,000 ...
One-third of NNPC’s investment in Dangote refinery will be paid in supply of crude
Africa’s richest man, Aliko Dangote has said only a third of Nigeria National Petroleum Corporation's (NNPC) $2.7 billion stake in ...
FG approves acquisition of stake in Dangote Refinery for $2.76 billion
The Federal Executive Council (FEC) on Wednesday, approved the acquisition of 20% minority stakes of Dangote Refinery and Petrochemical by ...
NNPC’s 20% stake in Dangote Refinery: A match made in oil
If managed properly, Nigeria stands to gain significant financial benefits from owning an interest in Dangote refinery.
