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Thursday, May 26, 2022
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CATEGORY

Quick Take

Dangote Refinery Will Convert Crude Oil into These Value-added Products

The Dangote Petroleum Refinery and Petrochemicals (DPRP) plant is undertaking construction of an integrated crude oil refinery and petrochemical plant that will convert crude...

Dangote Fertiliser Revenues Hit N30bn as 55% of Output Exported in 2021

Dangote Fertiliser generated N30 billion in revenues and contributed 2.3% to Dangote Group’s revenue (as of 30 September 2021), as the first line of...

Dangote Fertilizer Capacity Utilisation Put at 25% on Gas Constraints

The Dangote Fertilizer plant which was commissioned in 2021 following delays operated on a 25% capacity utilisation rate in its line 1 in 2021...

FCMB Makes Loss in 3 Out of 8 Business Segments

While First City Monument Bank (FCMB) Group eked out a slim profit in its audited 2021 full year results released Friday, it happened to...

The Curious Case of Nigeria’s Shrinking Dollar Reserves as Oil Surges

In a reversal of the event from April 2020, when WTI oil briefly hit a negative $40 per barrel the shortage of everything has...

These Contractors Are Involved In Building Dangote Refinery

Dangote refinery is a 650,000 barrels per day (bpd) integrated refinery and petrochemical project under construction in the Lekki Free Zone near Lagos, Nigeria....

How eNaira Will Accelerate Growth, Boost Trade and Remittances

Nigeria’s central bank digital currency (CBDC), the eNaira, has gone live after an official launching by President Muhammadu Buhari on Monday. The launch took place...

5 Ways to Support Road Construction Projects as a Commuter

Wherever you live in Nigeria, there is at least one road construction project either in your region, state or immediate community. These development of such road infrastructure is aimed towards providing more access for people, goods, services, and to enhance general productivity and...

How to get PTA, BTA in Dollars, Pounds or Euro at Bank Branches

The Central Bank of Nigeria (CBN), has unveiled a new foreign exchange (FX) regime for the retail segment of the market, whereby Deposit Money...

Why new PIB is Better Late than Never

The oil and gas industry has a significant impact on Nigeria's economy. Though the industry contributes less than 10% to the country’s gross domestic...

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