Business Hilights

Tracking Nigeria's Headline Business News Online

four moribund refineries

NNPC at NIPS, says ‘Our refineries must come back,’ silent on how

For anxious Nigerians and industry stakeholders attending the ongoing 3rd Nigeria International Petroleum Summit (NIPS) in Abuja, it was total confusion when the Group Managing Director, the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari said ‘Our refineries must come…

Can NNPC’s recent deal with Russia’s Lukoil return refineries to life?

More questions are still arising from the last Thursday’s breaking news that Nigeria and Russia in Sochi, Russia, signed a Memorandum of Understanding which will enable both countries’ oil giants, Nigerian National Petroleum Corporation (NNPC) and Russia’s Lukoil to elevate…

Kachukwu mute on moribund refineries, hopes in Dangote, modular refineries

In what may ordinarily translate to total loss of hope and confidence in the ability of the new leadership at the Nigerian National Petroleum Corporation (NNPC) to deliver its promise in fixing the four moribund refineries in no distant time,…