Category: Business News
Business News
Afreximbank provides $1.35 billion for Dangote Refinery’s $4 billion refinancing loan
With this landmark deal, we once again demonstrate that Africa’s development can only be meaningfully financed from within.
David Bird appointed as new CEO of Dangote Refinery
Bird promoted a strategy centered on trading performance, high plant utilization, and flexible feedstock options.
Marketers warn of supply disruption as Dangote Refinery moves to bypass distribution channels
We are not against the refinery. But the distribution model proposed is unsustainable.
AFDB allocates N766.7bn to Nigeria’s electricity sector
Battery storage is central to unlocking the full potential of our renewable energy resources and delivering stable, reliable power across the continent.
NNPCL launches oil drilling operations in Kolmani, Bauchi
So far, the NNPCL has drilled four wells in the Kolmani area of Bauchi State.
Senate gives NNPC three weeks to respond to N210 trillion audit
There is a need for the NNPC management team to look into the issues raised since governance is a continuum
TCN and Kano govt settle legal dispute blocking Kumbotso–Rimin Zakara 330kV Line Project
The development is a major breakthrough in the ongoing efforts to further strengthen the national grid.
AFC pledges €85M to support Angola’s National Road Development Plan
It also supports regional integration by enhancing trade corridors and cross-border connectivity across Southern and Central Africa.
NNPCL highlights achievements as Ojulari marks 100 days in office
The report card is out, and the first 100 days of the Group CEO is a testament to steadfast commitment and forward movement.
Africans will develop Africa, Dangote tells Global CEOs
She noted that the refinery’s ripple effect extends beyond petroleum production, enhancing livelihoods and national wellbeing.