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Dangote rejects NNPC bid to raise 7.25% stake

  • 14th May 2026

BoA assures pensioners of plans to clear outstanding

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  • 14th May 2026

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Tag: Refinery

Investment

Dangote pledges to build 650,000 bpd refinery in East Africa

Africa’s leading industrialist and President of the Dangote Group, Aliko Dangote, has said the refinery in Lagos can be replicated in East Africa with the right support. Vanguard reported that he made the pledge at the infrastructure summit – the Africa We Build Summit 2026 – on Thursday in Nairobi, Kenya. Dangote said: “I can […]

Oil and Gas

UAE’s giant refinery shut over Middle East war

One of the world’s largest refineries, the Ruwais facility in the UAE, has been shut down as a precautionary measure following a nearby drone attack that sparked a fire in the industrial complex. A source familiar with the situation stated: “The Ruwais refinery has halted operations out of precaution,” while requesting anonymity due to the […]

Over 160,000 benefited from Tinubu's transport subsidy - Alake
News

FG, AFC sign $1.3bn deal for alumina refinery

The Federal Government and the African Finance Corporation have signed a landmark Memorandum of Understanding to jointly fund three strategic projects in Nigeria’s mining sector. These projects include a $1.3 billion alumina refinery, a nationwide geoscience mapping initiative, and a special investment vehicle designed to unlock the country’s mineral potential. The agreement was signed in […]

Over 160,000 benefited from Tinubu's transport subsidy - Alake
News

FG denies owning gold refinery in Lagos

The Federal Ministry of Solid Minerals Development has dismissed claims by the Northern Elders Forum that the Federal Government sited a gold refinery in Lagos in violation of the federal character principle. It said the allegations contained in a statement signed by the Northern Elders Forum spokesperson, Prof. Abubakar Jiddere, were not true and misleading. […]

Oil and Gas

Senate to investigate refinery operations, labour disputes

The Senate has resolved to conduct a comprehensive investigative hearing into the challenges currently facing Nigeria’s downstream petroleum sector, with a firm commitment to finding lasting solutions. This decision follows growing concerns over the operations of both private and government-owned refineries, the activities of independent marketers, and ongoing disputes involving key labor unions—the Petroleum and […]

The Nigerian Petroleum and Natural Gas Senior Staff Association has written to President Bola Ahmed Tinubu via the Chief of Staff's office to request that the
Oil and Gas

PENGASSAN: Prominent Nigerians propose solutions to avert refinery disputes

A coalition of prominent Nigerians has outlined a series of long-term solutions to avert future industrial disputes in Nigeria’s refining sector, following the recent labour dispute at the Dangote Refinery. In a joint statement signed by respected leaders, including Bishop Matthew Kukah, Khalifa Muhammad Sanusi II, Atedo Peterside, Arunma Oteh, and Aisha Yesufu, the group […]

Kaduna refinery to resume 60% production December – NNPCL
News

Kaduna refinery to resume 60% production December – NNPCL

The management of the Nigerian National Petroleum Company Limited has announced that the rehabilitation of the Kaduna Refining and Petrochemicals Company will be finalized by the close of 2024, following years of closure due to maintenance neglect. Mustafa Sugungun, the Managing Director of KRPC, made this revelation during a Monday oversight visit to the refinery […]

Dangote refinery urges NUPENG, PTD to resolve conflict
Oil and Gas

Dangote refinery urges NUPENG, PTD to resolve conflict

Dangote Refinery and Petrochemical Limited’s management has made a request for the leaders of the feuding National Union of Petroleum and Natural Gas and the Petroleum Tanker Drivers to resolve their differences. The PUNCH reported that the multibillion-dollar Dangote Refinery asked the two unions to “urgently work together to put their house in order and ensure a […]

NNPCL demolishes 34 illicit refineries
Oil and Gas

NNPCL demolishes 34 illicit refineries

Over the last week, the Nigerian National Petroleum Company Limited discovered and destroyed 34 illegal refineries in the Niger Delta. The NNPCL announced that, in relation to the several incidents of oil theft and pipeline sabotage last week, it had arrested no fewer than twenty people. The oil company said in a video posted on […]

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