Business Hilights

Tracking Nigeria's Headline Business News Online

Nigerian refineries

Why heads can’t roll on three-straight-year losses posted by NNPC

The revelation that Nigerian refineries lost about N377bn in three straight years has continued to elicit reactions from business intelligence experts. Official figures obtained from the Nigerian National Petroleum Corporation (NNPC) have made it clear that Nigeria’s ailing refineries lost…

NNPC silent on reviving refineries in Q1, gives stats on lube, fuel, others

Since the beginning of the first quarter of 2020, which is winding up in few days, the Nigerian National Petroleum Corporation (NNPC) had not given any clear update to Nigerians on the repair status of each of the national refineries….

How FG chickened out from reviving 4 national refineries, sings Dangote praises

Hopes of seeing any or all Nigerian moribund refineries come back to installed capacity production as promised by the present government in 2015 have been shattered. Besides, during a recent tour of the emerging 650,000bpd private refinery and fertilizer plant…