* Refinery will double Nigeria’s overall capacity * Dangote Group to put $3.5 bln of own equity into project (Adds details of refinery, background) Dangote Group said on Tuesday it will borrow $3.3 billion to build a $9 billion oil refinery and petrochemical complex in Nigeria, Africa’s most populous nation […]
Tag: Dangote Group
Okonmah Emerges New Chairman NIPR Lagos State Chapter
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)– Joseph Okonmah, former Head, Corporate Communications at the Dangote Group has emerged the new chairman of the Lagos State chapter of the Nigerian Institute of Public Relations (NIPR). This is contained in a Statement made available to InvestAdvocate from the NIPR Lagos State chapter. […]
Nigerian banks increase lending to private sector
Indications have emerged that Deposit Money Banks have increased their appetite for lending to the private sector. The banks have led the way in Africa’s syndicated loan market so far this year, with more than $10bn of deals signed in the market. For instance, MTN Nigeria last week agreed to […]
