AFC invests in Dangote refinery’s $2.5 billion share placement
Africa Finance Corporation (AFC) has put money into Dangote Petroleum Refinery through a $2.5 billion private placement, deepening a financing relationship that […]
Tag: oil and gas
Why Is Nigeria Still Importing Petrol If Dangote Fuel Is Cheaper?
Nigeria is confronting an awkward question in its fuel market. The landed cost of imported petrol rose to ₦1,223.32 per litre on […]
Seplat Sells 10% Offshore Stake to NNPC for $281.6m. This is Why It Matters
Seplat Energy Plc has agreed to transfer a 10% working interest in its offshore joint venture with Nigerian National Petroleum Company Limited […]
NNPC Adds Over 1,000 New Employees to Workforce
NNPC Limited has deployed more than 1,000 young professionals across its operations after roughly a year of internship, training and performance assessment, […]
Why Dangote Refinery Matters to Nigeria’s $1 Trillion Economy Push
Nigeria’s push to build a $1 trillion economy by 2030 will depend on whether the country can turn more of its raw […]