Akwa Ibom Greenfield Refinery Project Secures N270 billion Financing

Businessnews.com:  Niger Delta Refinery and Petrochemicals Company Ltd has secured a $1.7 (N270 billion) financing agreement with Singapore-based Eton Group for the construction of a 100,000 barrels per day capacity refinery in Akwa Ibom state. The construction of the refinery in Ubeno local government is slated to commence in December and reach completion in 24 […]

Nigeria’s hollow dream

  By Chibundu Onuzo, Guardian.co.uk The rich brag about their spas and SUVs, but real economic development has to benefit everyone On my last trip to Lagos, I drove past a new supermarket in an upper-middle-class part of the city. It was a huge concrete thing with sliding electronic gates, CCTV cameras and the sleek […]

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