The Economic and Financial Crimes Commission (EFCC) has recovered over N9.4 billion, $21.2 million, and several landed properties in an ongoing investigation into the alleged diversion of funds released for the rehabilitation and turnaround…
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One of the world’s largest refineries in the UAE was shut as a “precaution” after a drone attack nearby, a source said, while Saudi giant Aramco warned of the war’s devastating consequences on oil. Aramco CEO and president Amin H. Nasser…
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President of Dangote Group, Dr. Aliko Dangote, has issued a seven-day ultimatum to a Kaduna-based businessman, Engr. Kailani Mohammed, to retract an alleged libellous statements or face a N100bn defamation lawsuit. In a letter dated…
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The Dangote Group has agreed to redeploy the workers sacked by its subsidiary, Dangote Petroleum Refinery. This is coming after a peace meeting. The resolution was announced on Wednesday by the Ministry of Labour and Employment in a…
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The Federal Government on Tuesday brokered a truce between the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the management of Dangote Petroleum Refinery. This was contained in a communiqué issued and signed…
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Africa’s richest man, Aliko Dangote, has named the main road leading to the Dangote Refinery in Lagos after President Bola Tinubu, in honour of his contributions to the project. Dangote announced on Thursday during the official…
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Three former Managing Directors (MDs) of Nigerian refineries have threatened to sue a prominent media house, demanding N50 billion as aggravated damages for alleged defamation and libel. The three are Mr Ibrahim Onoja, former MD of the…
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The Socio-Economic Rights and Accountability Project (SERAP) has urged the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari to “account for and explain the whereabouts of the alleged…
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In a surprising twist of events, the Dangote Group says it will withdraw its ₦100bn suit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for granting import licenses to the Nigerian National Petroleum…
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Alhaji Aliko Dangote, the President of Dangote Group, on Tuesday, said that the Dangote Refinery was constructed without any government incentives. Dangote made this known during his keynote address at the Crude Oil Refinery Owners…
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