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Oil: Ghana, Others To Import From Dangote’s Refinery

Oil: Ghana, Others To Import From Dangote’s Refinery Ahead of the completion of the Dangote Oil Refinery, petroleum importing African nations and bulk oil distributors based in Ghana have expressed eagerness to patronise the Nigerian plant when production starts. The oil buyers said arrangements had been...

NNPC: Nigeria Now World’s Largest Fuel Importer

NNPC: Nigeria Now World’s Largest Fuel Importer   Nigeria is the only member country in the Organisation of Petroleum Exporting Countries (OPEC) that imports petrol and is currently the largest importer of Premium Motor Spirit (PMS) in the world, Group Managing Director of the Nigerian National...

Nigeria Spent N19.5trn Importing Raw Materials In 7yrs

Nigeria Spent N19.5trn Importing Raw Materials In 7yrs Nigeria spent N19.5 trillion to import raw materials in seven year from year 2000 to 2016. Director of Government Relations and Public Policy, sub-Saharan Africa Operations, Procter and Gamble (P&G), Mrs. Temitope Illuyemi disclosed this in Lagos...

Nigeria Economy Got $15bn, Spent $6bn on Import in 3 months

The Central Bank of Nigeria has disclosed that total foreign exchange inflow into the economy in the second quarter of 2016 was $15.33billion. This it said represented an increase of 3.7 per cent above the level at the end of the first quarter but, showed...