The much-anticipated Dangote Refinery officially began operations in Lekki, Lagos, on January 24, 2023. This facility, representing an investment of $19 billion, is set to transform …
The inauguration of Dangote's $19 billion refinery in Lagos has placed East Africa's oil market on …
Investors across Nigeria are aggressively shifting capital into the money market, creating a liquidity surge that signals high anticipation for the upcoming Dangote Refinery Initial Public Offer. T…
Major jetty operators and tank farm owners in Nigeria have formally rejected the proposed legal action by the Downstream Petroleum Market Monitoring Agency against Dangote Refinery. This opposition…
President Bola Tinubu has declared that the removal of the petrol subsidy is not an isolated event but the first step in a broader economic overhaul. He emphasized that the sacrifice made by the av…
Aliko Dangote has publicly identified the specific financial and logistical barriers threatening to stall operations at Africa’s largest petroleum refinery in Lagos. The industrialist argues that t…
Aliko Dangote has formally rejected the Nigerian National Petroleum Company’s (NNPC) latest proposal to increase its equity stake in the Lagos refinery. This decisive move disrupts the anticipated …
The Nigerian National Petroleum Company has ignited a firestorm of public anger after announcing a strategic partnership with a Chinese real estate and chemical trading firm. Critics argue the move…
Ukraine has launched a sustained aerial campaign against critical industrial hubs in Russia, targeting energy infrastructure and manufacturing plants. This aggressive shift in military strategy aim…
