ADE BAMIDELE You may have seen front-page headlines and advertorials claiming the EFCC “recovered $60 million” in an ongoing Nestoil investigation. This is a sponsored, misleading... Continue
Dangote Petroleum Refinery & Petrochemicals has expanded its free petroleum product delivery initiative to Kano, Imo, Anambra and Nasarawa States, a move expected to reduce distribution costs for independent... Continue
The planned Initial Public Offering of the Dangote Petroleum Refinery & Petrochemicals has taken a significant step forward with the successful completion of a US$1 billion underwriting programme, strengthening... Continue
Ten weeks after the Supreme Court dissolved an asset freeze on Nestoil Limited, the Economic and Financial Crimes Commission (EFCC) has facilitated the recovery of US$60 million from the... Continue
President Bola Ahmed Tinubu, on Thursday in Abuja, said refineries will not be allowed to waste away, given the huge investments made over many years, assuring that in-depth research,... Continue
Dangote Petroleum Refinery and Petrochemicals has clarified its position following recent reports referencing data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which suggested that the refinery rejected... Continue