Dangote offers to sell 650,000 bpd oil refinery to NNPC amid monopoly allegations

Africa’s wealthiest man, Aliko Dangote on Sunday announced his willingness to sell his multibillion-dollar oil refinery to the state-owned energy company, NNPC Limited. This decision comes amid escalating disputes with…

Read More Dangote offers to sell 650,000 bpd oil refinery to NNPC amid monopoly allegations

Afreximbank, UBA announce an initial disbursement of US$2.25bn under a syndicated US$3.3bn crude oil prepayment facility sponsored by NNPCL

Landmark financing is largest syndicated loan ever raised by Nigeria in the international market and one of the largest syndicated transactions in Africa in recent years. Facility will support Nigeria’s…

Read More Afreximbank, UBA announce an initial disbursement of US$2.25bn under a syndicated US$3.3bn crude oil prepayment facility sponsored by NNPCL