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BUSINESS

NNPC Ltd to temporarily shut down Port Harcourt refinery for maintenance and assessment

Daily Dispatch May 24, 2025

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the temporary shutdown of the Port Harcourt Refining Company (PHRC) to carry out scheduled maintenance and a sustainability assessment. This was revealed in a press statement issued on Saturday by Olufemi Soneye, the

BUSINESS

How Dangote Refinery signed contract with Vitoil to sell Naira purchased crude as dollar denominated fuel cargoes – Investigation

Daily Dispatch November 20, 2024

Investigation has revealed that billionaire ɓusinessman and owner of Dangote Refinery, Aliko Dangote has signed a contract with Vitoil for 5 cargoes of 38,000 metric tonnes per cargo. One of them is the CL Jane Austen tracked by Bloomberg. By this, the Dangote Refinery has altered the Federal Government’s petrol supply plan, as it began […]