Friday, April 18, 2025

 

#refinery

Dangote Group Targets $30bn Revenue To Strengthen Naira

The President of Dangote Group, Aliko Dangote, has said that his businesses’ $30bn revenue target by the end of 2025 will boost the naira. Dangote said this on Sunday during a tour of Dangote Petroleum Refinery & Petrochemicals and Dangote...

Port Harcourt Refinery Ready This Month – NNPCL

The end of December timeline for mechanical completion of the Port Harcourt Refinery Company (PHRC) remains sacrosanct, says the Nigerian National Petroleum Company Limited (NNPCL). “We have said from time that by the end of December, the mechanical completion...

Dangote Refinery To Start With 350,000bpd Crude, Says CEO

The President/Chief Executive Officer, Dangote Group, Aliko Dangote, has said that the $20bn Dangote refinery in Lekki, Lagos would start with the refining of 350,000 barrels per day of crude oil. Dangote, who disclosed this during an interview with the...

Germany Seizes Russian-Owned Refinery Amid Energy Crisis

The German subsidiary of Russian oil giant Rosneft was on Friday placed under trusteeship, giving Germany’s federal regulator control of the PCK refinery in Schwedt, a key source of fuel for the city of Berlin. Rosneft Deutschland, which was previously...

Nigeria, Others To Benefit From OPEC $450bn Investment In Refinery Projects

The Organisation of Petroleum Exporting Countries has said about $450bn worth of new refinery projects and expansion of existing units would be invested in Nigeria and other developing nations. The organisation said the investments were part of the estimated $1.5tn...
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Lagos Businessman Jailed For Rejecting Naira As Payment For $5700 Bracelet

A Lagos based businessman identified as Uzondu Precious Chimaobi has been sentenced to four years imprisonment for his refusal...
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Only 200 South East Youths Registered For Army Recruitment – Official

The Leader, Army Force Headquarters Recruitment Sensitisation Team, Anambra, Brig.-Gen. Chima Ekeator, says only 200 youths from the South-East have registered for the ongoing...

Ponzi Scheme: Court Seizes N6.6bn Livingtrust Shares, N42.4m Linked To Cititrust

Justice F. N. Ogazi of the Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of 2,041,087,747 units of shares in...

NAN Editor, Aregbesola Loses Wife

Late Mrs Wumi Aregbesola Mr Isaac Aregbesola, a senior editor with the News Agency of Nigeria (NAN), has announced the death of his wife,...

Court Sentence ASPAMDA Trader, Okeke Igwe To 7 Years Imprisonment For Trafficking 1.10kg Of Cocaine.

Justice Daniel Osiagor of the Federal High Court, Lagos yesterday convicted and sentence a drug trafficker Okeke Ebuka Igwe to seven years...