Tag: $3.9b NNPC equity in Dangote Refinery to Come from Banks

$3.9b NNPC equity in Dangote Refinery to Come from Banks Banks have commenced engagements with the Nigerian National Petroleum Corporation (NNPC) on how to lend the corporation $3.9 billion to acquire 20 percent equity in the $19 billion Dangote Petroleum Refinery. The news about NNPC’s plan...