Dangote Refinery Says ’Very Small Number of Staff’ Affected by Reorganisation
Dangote Petroleum Refinery said on Friday that “very small number” of its staff were affected by “the ongoing reorganisation within
Read more
Author: Markets Reporters
Union Accuses Dangote Refinery of Planning to Hire 2,000 Indians After Sacking 800 Nigerians
A key union in the Nigerian oil and gas industry has accused Dangote Petroleum Refinery of planning to hire 2,000
Read more
Pan-African Investment Firm ACA Exits Nigerian Oil Operator Aradel
Aradel Holdings Plc, a Nigerian indigenous energy independent, announced the realignment of its shareholder base following the full divestment of
Read more
Dangote Refinery’s First Petrol Export to US Arrives at Port of New York
The first petrol export by Dangote Petroleum Refinery to the United States has arrived at the Port of New York.
Read more
Julius Berger Exits Cashew Business to Focus More on Construction
Construction giant Julius Berger has decided to lease out its cashew processing facilities in a bid to focus more on
Read more
Mauritius-Based Chappal Energies Loses Stake in Nigerian Oil Blocks Bought From TotalEnergies
Chappal Energies Mauritius Limited has lost the 10 percent stake in a Nigerian joint venture previously known as Shell Petroleum
Read more
CBN’s First Rate Cut Since 2020 Hailed as ‘Well-Timed Policy Shift’
The Centre for the Promotion of Private Enterprise (CPPE) has commended the Central Bank of Nigeria (CBN) for its decision
Read more
Nigeria Central Bank Lowers Interest Rate for First Time Since Sept 2020
The Monetary Policy Committee of the Central Bank of Nigeria decided on Tuesday to reduce its benchmark interest rate, also
Read more
GTBank’s Parent Posts 50% Profit Drop as Non-Core Income Falls
Guaranty Trust Holding Company, the parent company of GTBank, reported a 50 percent drop in its half-year profit as non-core
Read more
British Firm Savannah Energy Agrees to Buy Hydropower Assets in East Africa as Norfund Exits
Savannah Energy Plc, an Africa-focused British independent energy company, has announced that its wholly owned subsidiary, Savannah Energy EA Limited,
Read more