Tag: one

EFFC Dangote raid crashes Nigeria dollar bond one week - Bloomberg
Business

EFFC Dangote raid crashes Nigeria dollar bond one week – Bloomberg

The Economic and Financial Crimes Commission raid last week on the offices of Aliko Dangote, Africa’s richest person whose empire dominates the Nigerian corporate world, has caused Nigeria’s dollar bonds to fall. According to Bloomberg, Nigeria’s dollar bonds maturing in 2025 have declined for seven consecutive days, the biggest losing sequence since September, indicating that […]

Dangote refinery receives one million crude barrels
Oil and Gas

Dangote refinery receives one million crude barrels

The Nigeria National Petroleum Corporation Limited delivered the fourth shipment of one million barrels of bonny light crude oil to the Dangote Petroleum Refinery on Monday. The PUNCH reported that according to a statement from the $20 billion enterprise, the fifth crude oil cargo is expected soon. The plant had previously received three shipments of […]

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