Afreximbank, two others back Oando’s NAOC purchase with $650m financing
African Export-Import Bank said it arranged a $650 million facility for Oando Plc for the financing of the company’s acquisition
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Energy
OVH acquisition: The facts, by NNPC Ltd
The attention of NNPC Ltd has been drawn to a press release signed by Mr. Paul Ibe, a Media Adviser
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Oando pays $783m for acquisition of Eni subsidiary NAOC
Oando Plc, a Nigerian energy solutions provider, has announces the successful completion of the acquisition of 100% of the shareholding
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Dangote refinery scales down US crude oil imports
Dangote refinery is taking more of the country’s own oil for processing, while inflows from the US appear to be
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NNPC posts highest-ever annual profit of N3.3trn
The Nigerian National Petroleum Company Limited reported a net profit of N3.297 trillion for the financial year ended in December
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Dangote decries lingering domestic crude supply issues
Dangote Industries Limited has said it is still unable to secure enough domestic crude supply for its 650,000-barrel-per-day refinery, urging
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NNPC distances itself from refinery sabotage
The Group Chief Executive Officer of NNPC Limited, Mele Kyari has said the company has not breached any of the
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Dangote refinery’s impact shows up in global oil markets
Nigeria’s $20 billion Dangote refinery is set to shake up international crude flows when it reaches full capacity, having already
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Nigeria secures $500m AfDB loan to boost electricity access
The Board of Directors of the African Development Bank Group has approved a loan of $500 million to the Federal
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Seplat Energy’s oil output declines on drilling campaign delays
Seplat Energy Plc says its total oil production fell by 4.7 percent to 48,407 barrels of oil equivalent per day
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