Nascon Allied Industries Plc on Friday said its proposed merger with Dangote Sugar Refinery has been suspended. In a statement published on Friday via the Nigerian Exchange Limited (NGX) and…
Read More Proposed merger between Dangote Sugar Refinery, Nascon aborted
As part of its commitment to encourage learning and academic excellence, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partners in OML 18 – the Nigerian…
Read More NNPC Ltd, Partners donate 2,300-seater ultra-modern library to Niger Delta University
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from…
Read More NNPC Ltd, First E&P achieve 20,000bpd production at OML 85
Relaxed quality controls for diesel at the Dangote refinery resulted in reduced domestic prices, S&P Global is reporting. According to a report on Thursday by S&P Global, high-sulphur diesel from…
Read More Report: Dangote refinery reduced diesel price due to relaxed quality controls
Nigeria’s foreign reserves fell to $32.29 billion on April 15 – the lowest level in over six years. According to the latest data from the Central Bank of Nigeria (CBN),…
Read More Report: Nigeria’s FX reserves drop to $32bn – lowest level in six years