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Dangote Refinery Seeks Billions Of Dollars To Import Crude Oil

Africa’s richest person, Aliko Dangote, has started discussions with some foreign banks to secure billions of dollars for crude oil importation. The Africa Finance Corporation (AFC), a pan-African development lender is one of the institutions involved in the talks to raise money, according to Financial Times, FT. The report noted Dangote Refinery […]

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Petrol Price Cuts May Force Nigeria’s Inflationary Pressures Down – Economist

Nigerian economists and financial analysts say the recent drop in price of Premium Motor Spirit (Petrol) upon direct fuel purchase deal between Dangote Refinery and Independent Petroleum Marketers Association of Nigeria may force inflationary pressures down in the coming months. Former President of the Council of the Chartered Institute of […]

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NDLEA Intercepts Hard Drugs Concealed In Food Items, Arrest Masterminds At MMIA,

Attempts by drug syndicates to export large consignments of cocaine, methamphetamine and opioids through the Murtala Muhammed International Airport, MMIA, Ikeja Lagos and the Nnamdi Azikiwe International Airport, NAIA, Abuja to the United Kingdom, Italy, Turkey and Qatar have been thwarted by operatives of the National Drug Law Enforcement Agency, […]