The 'Foolish Man' and his Mega Refinery Complex, by Bayo Onanuga   Some years ago, Aliko Dangote, Africa's richest man invited media leaders to a luncheon at then Protea Hotel in Ikeja to mark his 55th birthday. Some of his guests sat around...

Dangote Refinery’s First Product to Hit Market by July – Aliko   Africa's richest man, Aliko Dangote, has announced that the first product of the Dangote Petroleum Refinery and Petrochemicals “will be in the market before the end of July or...

Dangote Refinery: Aliko Came to Lagos 45 Years Ago with Nothing — Sanwo-Olu   The Governor of Lagos State, Babajide Sanwo-Olu, has commended Africa's richest man, Aliko Dangote, on the inauguration of the Dangote Refinery at Ibeju-Lekki, Lagos, on Monday. During his...

DMO Says Nigeria Has Not Defaulted In Repaying Chinese Loans   The Debt Management Office (DMO) has refuted the claim by a non-governmental organisation, Socio-Economic Rights and Accountability, that Nigeria has defaulted in repaying its Chinese loans. SERAP in a statement yesterday...

IOCs, Indigenous Oil Firms To Develop $50bn Projects In Five Years – NCDMB   The Nigerian Content Development and Monitoring Board (NCDMB) has said that oil and gas investment opportunities valued at over $50 billion and projected to be developed within...

Currency Outside Banks Rise To N2.34trn In April   Currency outside the banks has spiked for the fourth consecutive month to N2.08trillion in April 2023, about 87.43 per cent of total currency in circulation (CIC) that closed that month under review...