Nigeria now consumes its own refined oil, and the first tankers loaded with petrol left billionaire businessman Aliko Dangote’s refinery on September 15. After eight years of work and months of negotiations an agreement has finally been reached between the Dangote refinery and Nigeria’s national oil company, reports said. The …
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Nigerian billionaire Aliko Dangote has been dethroned as Africa’s richest man, the first place being occupied by a South African billionaire, according to Bloomberg Billionaires Index. South African billionaire Johann Rupert has overtaken Aliko Dangote as Africa’s richest person. The Nigerian’s fortune has fallen by $1.7bn (£1.3bn) this year, giving …
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The Dangote oil refinery under construction in Nigeria is expected to start production by the fourth quarter of 2022, group director Devakumar Edwin said on Sunday. “75% hydraulic testing … as well as 70% of electrical cable fitting have been completed preparatory to the completion of the refinery in the …
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