Dangote Refinery Reacts to Global Fall in Crude Oil Prices

Dangote Petroleum Refinery on Saturday reacted sharply to the trending decline in international crude oil prices. The refinery announced an adjustment to its ex-depot price of petrol, from N950 to N890, effective from Saturday, February 1. A statement from Dangote Petroleum Refinery, issued by the Group’s Chief Branding and Communications Officer, Anthony Chiejina, said that…

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Afreximbank Availing Starlink Global US$20.8m for cashew factory

▪︎Alhaji (Dr ) Adeniji Murthada Adeyemi,  MD/CEO , Starlink Global & Ideal Limited, African Export-Import Bank (Afreximbank) has approved a US$20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos. According to the facility agreement signed on…

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