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Tag "Dangote refinery"

FEC approves $2.7bn for NNPC’s acquisition of stake in Dangote Refinery

    FEC approves $2.7bn for NNPC’s acquisition of stake in Dangote Refinery

The federal executive council (FEC) has approved the sum of $2.76 billion for the acquisition of a 20 percent minority equity stake in the Dangote Refinery. Timipre Sylva, minister of

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Sylva: Why FG wants to acquire stakes in Dangote Refinery

    Sylva: Why FG wants to acquire stakes in Dangote Refinery

Timipre Sylva, minister of state for petroleum resources, says the federal government’s decision to acquire equity in private refineries is to prevent fuel scarcity. He said this on Thursday in

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Report: NNPC mulls $2.5bn loan facility for stake in Dangote Refinery

    Report: NNPC mulls $2.5bn loan facility for stake in Dangote Refinery

The Nigerian National Petroleum Corporation (NNPC) is reportedly in talks with investors to borrow $2.5 billion to acquire a stake in the Dangote Refinery. Reports by Daily Independent, said the

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Foreign oil firms in talks to acquire stake in Dangote refinery

    Foreign oil firms in talks to acquire stake in Dangote refinery

Dangote Group says three oil firms from Western and Middle East countries have initiated talks to buy a stake in its 650,000 barrels per day (bpd) refinery. Devakumar Edwin, group

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Report: NNPC in talks to acquire 20% stake in Dangote Refinery

  Report: NNPC in talks to acquire 20% stake in Dangote Refinery

The Nigerian National Petroleum Corporation (NNPC) says it has initiated talks with the Dangote Group about purchasing a 20 percent

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FULL LIST: Dangote, Waltersmith… private refineries licensed by DPR

  FULL LIST: Dangote, Waltersmith… private refineries licensed by DPR

The Department of Petroleum Resources (DPR) has published a list of private refineries with a valid permit to operate in

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Emefiele: Dangote Refinery to sell refined crude in naira

  Emefiele: Dangote Refinery to sell refined crude in naira

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says arrangements have been to enable the Dangote Refinery sell

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We’ll protect fishing activities in Lekki shorelines, says Dangote Refinery

  We’ll protect fishing activities in Lekki shorelines, says Dangote Refinery

The management of Dangote Refinery says it is committed  to protecting fishing activities in the Lekki coastal environment.  The yet-to-be

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N’assembly: Dangote refinery will hasten Nigeria’s economic recovery

  N’assembly: Dangote refinery will hasten Nigeria’s economic recovery

The national assembly says Dangote refinery, upon completion, will further hasten Nigeria’s economic recovery by strengthening the naira. Sabo Nduka,

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Products from Dangote Refinery to hit the market by early 2022, says director

  Products from Dangote Refinery to hit the market by early 2022, says director

Dangote Group says petroleum products from its 650,000 per day refinery will hit the market by early 2022 against the

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