Dangote Organizes $4.5bn Financing For Refinery   The President, Dangote Industries Limited, Aliko Dangote, has arranged more than $4.5bn in debt financing for his crude oil refinery project and aims to start production in early 2020. Dangote, Africa’s richest man, is building a refinery with a capacity...

Nigeria, Niger To Sign MoU For Refinery Construction   The Presidents of Nigeria and the Republic of Niger will next month sign the Memorandum of Understanding for the construction of a new 100,000 barrels per day refinery that will be located in the border town of...

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...

Dangote Refinery, Fertiliser Plant To Recruit Fresh 900 Engineers   Dangote Refinery and Fertiliser Plant will recruit 900 engineers between February and June 2018, the company’s Senior General Manager in charge of Human Asset, Mr. Umar Hamza has said. Speaking when another batch of trainee engineers, who...

Refinery: Nigeria, Niger To Build One In Border Town Nigeria and the Niger Republic have agreed to construct a refinery in a border town located between both countries and close to Katsina State. According to the Federal Ministry of Petroleum Resources, an agreement was reached between...

FG Lost N84bn To Ailing Refineries In 11 Months The nation’s refineries made a total loss of N84bn from January to November last year, as they continued to operate far below their installed capacity. The refineries are the Warri Refining and Petrochemical Company, Port Harcourt Refining...