The Nigerian National Petroleum Company Limited (NNPC Ltd) today announced its intention to increase its equity stake in the $20 billion Dangote Petroleum Refinery to 20 per cent, up from its current 7.2 per cent holding. This strategic move aims to significantly strengthen Nigeria’s domestic refining capacity and reinforce national[Read More…]
Tag: NNPC Limited Plans to Boost Stake in Dangote Refinery to 20% Amid IPO Preparations
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]