US hails Dangote Refinery as Nigeria’s petroleum exports surge sevenfold
By Udeme Akpan, Energy Editor The Dangote Petroleum Refinery has been identified as the key driver behind a seven-fold increase in Nigeria’s seaborne petroleum product exports since 2023, according to the latest report by the United States Energy Information Administration (EIA). The U.S. agency disclosed that Nigeria’s seaborne petroleum product shipments averaged 561,000 barrels per […]
Firm signs consulting agreement for 100,000 barrel capacity private refinery
A Nigerian firm, Epic Refinery Group has signed a consulting agreement with a foreign firm, Chiron Refineries, for the completion of the construction of a 100,000 barrel refinery that is expected to provide employment for 100,000 Nigerians.
TECHNOVATION: Pay-as-you-go solar power makes strides in Kenya
Part of the thought behind M-KOPA is to uproot the utilization of kerosene as an energy source and support the uptake of sunlight based as an option.
CBN assures Dangote of Forex to finance $14bn refinery
The Central Bank of Nigeria (CBN) has given assurance to Dangote Group that it will support it access Foreign Exchange, Forex to build its proposed $14 billion refinery in the country.
Stock market: Investors lose over N233.2 bn first day trading
Investors in the Nigerian stock market yesterday suffered another setback as their investment dropped by over N233.2 billion.
NEMSA plans phasing out of wooden power poles
ABUJA — THE Managing Director/Chief Executive Officer, Nigerian Electricity Management Services Authority, NEMSA, Mr. Peter Ewesor, has said that the agency will soon outlaw the installation of wooden poles in the country.
