The Dangote Petroleum Refinery has been identified as the key driver behind a seven-fold increase in Nigeria’s seaborne petroleum product exports since 2023, according to the latest report by... Continue

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