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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

nnpc

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Africa

Nigeria’s Dangote Oil Refinery Holds 500 Million Litres of Petrol

  Nigeria's Dangote oil refinery possesses a reserve of 500 million litres of petrol, according to its billionaire founder, refuting assertions from marketers that they require additional imports to address fuel shortages. CNBCAfrica indicates that, in response to the situation, Nigeria's President, Bola Tinubu, convened a meeting on Tuesday in Abuja with oil regulators, the head of the state-owned NNPC, the finance minister, and Aliko Dangote.  

todayOctober 31, 2024 6

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Africa

Helicopter Crash in Nigeria Kills Three En Route to Offshore Oil Facility

  A helicopter crash in Nigeria claimed the lives of at least three people on Thursday while en route to an offshore oil production facility, according to the state-owned NNPC. Reuters indicates that the helicopter, operated by East Winds Aviation, lost contact during its flight from Port Harcourt to the Antan Floating Production Storage and Offloading facility. The aircraft was carrying eight individuals, including six passengers and two crew members.

todayOctober 25, 2024 13

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Africa

Nigeria’s NNPC Seeks $2 Billion Oil-Backed Loan to Strengthen Finances

Nigeria's state-backed oil company, the Nigerian National Petroleum Corporation, is negotiating another oil-backed loan to enhance its finances and support business investments, its chief executive told Reuters. The NNPC aims to raise at least $2 billion, according to sources familiar with the matter, as the company faces increasing economic pressure.

todayJuly 10, 2024 9

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