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Dangote Refinery Secures $2.5bn Equity Investment

Dangote Refinery Secures $2.5bn Equity Investment   Dangote Petroleum Refinery and Petrochemicals FZE has secured about $2.5bn in fresh capital through a private equity placement, in what the company described as Africa’s largest publicly disclosed primary equity private placement. The company disclosed this in a statement on...

NCDMB To Issue Equity Investment For 17,000bpd Refineries

NCDMB To Issue Equity Investment For 17,000bpd Refineries   The Nigerian Content Development and Monitoring Board is providing equity investment for the establishment of two modular refineries in Imo and Bayelsa states that will produce a total of 17,000 barrels of crude oil per day. The Executive...