Dangote Refinery Reaches 650,000bpd Full Capacity - MD The Dangote Petroleum Refinery has reached its full nameplate capacity of 650,000 barrels per day following the restoration and optimisation of its Crude Distillation Unit and Motor Spirit production block, marking what the company describes as a...

NDIC Targets ₦1.5tn Debt Recovery from 150 Liquidated Banks The Nigeria Deposit Insurance Corporation (NDIC) has intensified efforts to recover an estimated N1.5 trillion in outstanding debts and assets trapped in failed financial institutions by strengthening the capacity of debt recovery agents and deploying new...

Tinubu Appoints Ambassador Yusuf as NAHCON Chairman   President Bola Tinubu has nominated Ambassador Ismail Abba Yusuf as the new Chairman and Chief Executive Officer of the National Hajj Commission of Nigeria (NAHCON). The nomination was disclosed in a statement issued on Wednesday by the Special Adviser...

‎Tinubu Appoints New Heads for SHESTCO, NEMSA ‎President Bola Ahmed Tinubu has approved the appointment of Hon. Magaji Da’u Aliyu as the Managing Director of the Sheda Science and Technology Complex (SHESTCO), Abuja, as part of fresh leadership changes across key federal agencies. ‎The President also...

Dangote Refinery Accuses Saboteurs of Plot to Undermine $20bn Facility Dangote Petroleum Refinery has accused “unpatriotic and unscrupulous individuals” of orchestrating a sophisticated misinformation campaign designed to undermine the $20 billion facility and preserve the country’s dependency on fuel imports, a trade that has enriched...

Dangote Refinery Cuts Petrol Price by ₦25 to ₦774 per Litre Dangote Petroleum Refinery has reduced the gantry price of premium motor spirit (PMS), commonly known as petrol, by N25 per litre, lowering the ex-depot rate from N799 to N774 per litre. The price cut was...