Dangote has Paid Back 70 Percent of Loans Taken to Finance Refinery Project - Emefiele The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the Dangote Group has paid back 70 percent of the loans it took from financial institutions to...

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 him at the centre table....

Dangote Refinery Will Stabilise Naira, Impact Lives, Says Shettima The Vice President-elect, Kashim Shettima is of the opinion that the just inaugurated Dangote Petroleum Refinery and Petrochemicals will help stabilise the naira. He is also certain that the project buries all stereotypical negative narratives about Nigeria...

Buhari Hails Tinubu, Dangote at Commissioning of Refinery in Lagos President Muhammadu Buhari on Monday said he is happy to leave the nation’s economy in the hands of President-elect, Asiwaju Bola Tinubu and his team. He spoke at the inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos. The...

Dangote Refinery to Generate 135,000 Jobs, 12,000 Megawatts of Electricity - CBN The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said the Dangote Oil Refinery is expected to generate 12,000 megawatts of electricity and over 135,000 permanent jobs. Emefiele said this on Monday...

'A Game Changer for Nigeria's Economy' - Buhari Inaugutates Dangote's Refinery President Muhammadu Buhari Monday inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, which is expected to enable Nigeria to achieve self-sufficiency in refined products and even have surplus for export. Speaking at the occasion attended by...