Category : Search result: refinery expansion


Serbia's Winter Energy Crisis Deepens Amid Sanctions

Serbia faces severe winter energy crisis as US sanctions on Russian-owned NIS refinery threaten fuel supplies. With reserves depleting by November 25, Belgrade's diplomatic balancing act hits critical point. Read full analysis.

FG Suspends 15% Fuel Import Duty, Price Crash Looms

The Nigerian government has suspended the controversial 15% import duty on petrol and diesel. Experts predict this decision will lead to a significant drop in fuel prices across Nigeria. Read more for full analysis.

Cooking Gas Prices Surge Above N1,100 Nationwide

Nigerians face painful cooking gas price hikes as costs reach N2,000 per kg in Abuja, Lagos, and other cities. Marketers blame supply disruptions and logistics challenges for the crisis.

Burger King Plans to Double Stores in China

Burger King forms a $350M joint venture to double its restaurants in China within five years, challenging McDonald's and KFC. Read more about this major expansion.

Presco Plans ₦23.7 Billion Rights Issue for Expansion

Nigerian agro-industrial giant Presco Plc announces ambitious ₦23.7 billion capital raise through rights issue to fund expansion projects and enhance palm oil production capabilities across its operations.

Ellah Lakes Secures ₦2.36BN for Agricultural Expansion

Nigerian agribusiness giant Ellah Lakes Plc announces strategic capital raise of ₦2.36 billion to expand operations and drive agricultural transformation across Nigeria. Learn how this funding will impact food security and economic growth.

Dangote Refinery Withdraws Lawsuit Against NMDPRA

In a dramatic turnaround, Dangote Refinery has withdrawn its lawsuit challenging the NMDPRA's issuance of import licenses to competitors. Discover how this decision could reshape Nigeria's energy landscape and fuel pricing.

Falana Slams US Military Expansion in Nigeria

Prominent human rights lawyer Femi Falana condemns US plans to increase military presence across Africa, warning of sovereignty threats and hidden resource control motives.

Neimeth Pharmaceuticals Profit Soars 120%

Neimeth International Pharmaceuticals records massive 120% operating profit growth as strategic marketing expansion and cost management deliver outstanding results in Nigerian healthcare sector.

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