Prøve GULL - Gratis
Dangote, NNPC Align on Energy Goals
The Business NG
|The BusinessNG
The President/Chief Executive Officer of Dangote Group, Aliko Dangote, has dismissed any notion of rivalry between his $20 billion refinery and the Nigerian National Petroleum Company Limited (NNPC Ltd), describing their relationship as complementary rather than competitive.
-
Speaking during a courtesy visit to NNPC Ltd's Group Chief Executive Officer, Bashir Bayo Ojulari, at the NNPC Towers in Abuja on Thursday, Dangote emphasized that the two organizations are united by a shared vision to transform Nigeria's energy sector.
"There is no competition between us," Dangote said. "NNPC is part and parcel of our business, and we are also part of NNPC. This is an era of cooperation between both organizations."
The meeting, which included senior executives from both companies, marked a significant gesture of alignment between Nigeria's largest private sector refinery and the nation's state-owned oil giant.
Denne historien er fra The BusinessNG -utgaven av The Business NG.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Business NG
The Business NG
14 Banks Scale CBN Capital Test
Fourteen Nigerian banks have already met the Central Bank of Nigeria's (CBN) new capital requirements, marking a major step in the ongoing recapitalisation exercise.
1 min
The BusinessNG
The Business NG
Natasha Returns to Senate, Says No Apology
Senator Natasha Akpoti-Uduaghan has gone back to the National Assembly after completing a six-month suspension.
1 min
The BusinessNG
The Business NG
Nigeria's GDP Grows 4.23% on Oil Rebound
Nigeria’s economy expanded by 4.23% year-on-year in the second quarter of 2025, driven by higher crude oil output and a stronger non-oil sector, according to data released by the National Bureau of Statistics (NBS). The figure surpasses the 3.48% growth recorded in Q2 2024.
1 min
The BusinessNG
The Business NG
Parents Cry Out as Private Schools Hike Fees Nationwide
Parents in Enugu, Lagos, Abuja, and Port Harcourt are raising alarm over steep tuition hikes by private and faith-based schools, with fees rising by as much as 50% this new academic session.
1 min
The BusinessNG
The Business NG
Tax Reform: How Nigerians' Income May Be Affected in Jan. 2026
Nigerians will soon face a new tax system starting January 1, 2026, aimed at making taxes fairer while encouraging investments and savings.
1 min
The BusinessNG
The Business NG
'CBN May Cut MPR as Inflation Eases, Naira Stabilizes'
The Central Bank of Nigeria (CBN) is expected to trim its benchmark Monetary Policy Rate (MPR) by 25 to 50 basis points at its 302nd Monetary Policy Committee (MPC) meeting scheduled for September 22-23, 2025, as inflation eases and the naira stabilizes.
1 min
The BusinessNG
The Business NG
FG Unveils Key Education Reforms Under Tinubu Administration
The presidency has outlined a series of reforms aimed at revitalizing Nigeria's education sector under President Bola Ahmed Tinubu’s administration.
1 min
The BusinessNG
The Business NG
Calls for State Police Intensify as Reps Seek to Boost Nigeria's Security
The demand for state police in Nigeria has intensified, with the Deputy Speaker of the House of Representatives, Benjamin Kalu, describing it as a critical solution to the country's escalating insecurity challenges.
1 min
The BusinessNG
The Business NG
Nigerian Stocks Outpace Inflation with 38% Gain
Nigeria's stock market has continued its impressive rally in 2025, delivering real positive returns for investors as inflation eases.
1 min
The BusinessNG
The Business NG
Banks Push Back as AMCON Levy Hits N847bn
Calls Grow to Scrap AMCON After 15 Years
1 min
The BusinessNG
Listen
Translate
Change font size