Dangote’s Business Tactics Harmful To Nigerian Economy, Says U.S
“Dangote model will likely be the one most emulated until its beggar-thy-countrymen contradictions become more apparent.”
The United States described the Dangote Group of Companies’ business strategies as disastrous to the Nigerian economy.
Owned by Africa’s richest man,...
Senate Probes NNPC’s Alleged Failure To Remit 10-year Stamp Duty
The Senate has launched a large-scale probe into the alleged non-remittance of the one per cent stamp duty on contracts awarded by the Nigerian National Petroleum Corporation from 2010 to 2020.
The Committee on Finance, which...
NNPC Pledges Crude Supply To 20,000bpd Lagos Refinery
The Nigerian National Petroleum Corporation has committed to supply crude oil to a refinery project on Tomaro Island in Lagos, with a capacity of 20,000 barrels per day.
Integrated Oil & Gas Limited, the promoters of the Eko...
Dangote Refinery: Marketers Differ On NNPC Proposed Stake Acquisition
Oil marketers have expressed divergent views on the proposed acquisition of a 20 per cent stake by the Nigerian National Petroleum Corporation in Dangote refinery.
S&P Global Platts had reported on Thursday that the NNPC was in...
NNPC’s Trading Surplus Increases To N39.85bn
The Nigerian National Petroleum Corporation, on Thursday, announced a N39.85bn trading surplus for February 2021, representing a 314.24 per cent rise from the N9.62bn surplus it recorded in the preceding month.
The NNPC disclosed this in its February 2021 edition...
NNPC Seeks To Acquire 20% Stake In Dangote Refinery
The Nigerian National Petroleum Corporation (NNPC) has expressed interest in purchasing a 20 per cent minority equity stake in Dangote Refinery, Lagos, reputed to be Africa’s biggest oil refining facility and the world’s largest single-train plant.
The...
