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Dangote Refinery

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BusinessNews

“Why IAS 29 should not be applied to Nigeria’s financial statements’ preparation,” FRC insists

By Chioma Obinagwam The Financial Reporting Council of Nigeria (FRC) has insisted that International Accounting Standard (IAS) 29 should not be applied in...

BusinessNews

Why Ardova Plc entered purchase framework with Dangote Refinery

By Chioma Obinagwam In a bid to guarantee supply security at affordable prices for its customers, Ardova Plc (AP), one of Nigeria’s major...

BusinessNews

NNPC Ltd debunks reports of undermining Dangote Refinery

By Chioma Obinagwam The NNPC Ltd has refuted News making the rounds of undermining the Dangote Refinery Ltd. It told Confiance News in...

BusinessNews

Are America, Europe others threatened by Dangote Refinery? Renowned journalist David Hundeyin reacts

By Chioma Obinagwam Dangote Refinery, Africa’s largest refinery, has been on the spotlight lately. First, it was the outcry from Dangote Group— owners...

BusinessNews

Dangote Refinery: CBN reacts to debt of Dangote Group

By Chioma Obinagwam   The governor of Nigeria’s apex bank, the Central Bank of Nigeria (CBN),  Godwin Emefiele has reacted to the debt...

BusinessNews

‘Dangote refinery is the largest single-train refinery in the world,’ CEO asserts

By Chioma Obinagwam The Chief Executive Officer (CEO) of Dangote Petroleum Refinery and Petrochemicals, Mr. Sanjay Gupta, has said that the new commissioned...

Uncategorized

Rising debts: Dangote may forfeit refinery project to debt recovery agency

Dangote Oil Refinery, which is reputed to be Africa’s biggest oil refinery, may soon run into a deep financial crisis as a result...

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“We’re not turning back,” CBN governor Cardoso reaffirms resolve to restore confidence in bank

By Chioma Obinagwam The Governor of Nigeria’s apex bank, the Central Bank (CBN), Olayemi Cardoso, has reiterated its commitment to restore confidence in...

FG commissions concrete weight coating plant in Lagos

By Chioma Obinagwam Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has commissioned a concrete weight coating plant manned by...