Nigeria’s major Dangote oil refinery is reselling cargoes of U.S. and Nigerian crude, four trade sources familiar with the matter said on Friday. According to Reuters report, three of the…
Read More Report: Dangote refinery is reselling crude, sources say
Dangote Refinery has revealed plans to buy at least 24 million barrels of US crude over the next year as it ramps up its processing capabilities. According to Bloomberg report,…
Read More Dangote refinery to buy 24m barrels of crude from US – Report
The Nigeria National Petroleum Company Limited (NNPCL) may begin importation of 110, 000 barrels of crude oil per day from Venezuela or Saudi Arabia to operate the Kaduna Refinery due…
Read More NNPC to begin importation of crude to operate local refineries – Report
Our reporter/ Nigeria’s Central Bank governor, Godwin Emefiele, says the country’s external reserves no longer come from selling crude oil. Emefiele, who made the disclosure at the 57th annual bankers’…
Read More Emefiele: Nigeria no longer earning FX from crude oil
