Business & Finance

Several global investors who have shown interest in investing in the rehabilitation and even building of refineries in Nigeria have been shut out on the back of the Federal Government’s firm stance on securitisation of the funding options…
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Despite President Muhammadu Buhari’s reported unwillingness to allow for private investments through equity shareholding into the refineries in Kaduna, Warri, and Port Harcourt, key agencies of the government are actually in support of…
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-By Yange Ikyaa The Abuja Chamber of Commerce and Industry (ACCI), in collaboration with the Nigeria-Russia Business Council (NRBC) and Expotech Tour Ltd of Russia, is organising the Nigeria-Russia Business Forum (NRBF) 2019, which it…
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Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced unaudited results for the three months period ended March 31, 2019. …
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Petrocam Nigeria Limited, an arm of Petroleum International, a South African based oil trading firm, is putting its intend to build refinery in Nigeria on hold because the environment is not profitable enough to guarantee it requisite…
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A total export sale of $265.15 million was recorded in December by the Nigerian National Petroleum Corporation. The corporation’s 2018 financial report said the revenue is 60.34% lower than the previous month. Crude oil export sales…
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A total export sale of $265.15 million was recorded in December by the Nigerian National Petroleum Corporation (NNPC). The corporation’s 2018 financial report said the revenue is 60.34% lower than the previous month. Crude oil export…
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Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote, has said his refinery, one of the world largest, when completed, will transform Nigeria’s economy. He stated this at the weekend at Dangote Group Special Day at…
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-By Yange Ikyaa Shell Petroleum Development Company of Nigeria (SPDC) has said it prepared an investment portfolio of $15 billion in the country over the next 5 years. Osagie Okunbor, who is the Managing…
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A modular refinery company, Crown Refinery & Petrochemical Limited, Wednesday, partnered the Ondo State Government in the core business of refining crude oil into premium petroleum products. At the Memorandum of Understanding (MoU)…
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