by Ekrem Duman | Aug 15, 2026 | Nigeria Company Stories, Startup
⚡ TL;DRThe Nigerian National Petroleum Company (NNPC Limited) is the state-owned oil company at the center of Nigeria’s economy. Long criticized for opacity and losses, it was restructured under the Petroleum Industry Act into a commercial company expected to...
by Ekrem Duman | Aug 15, 2026 | Nigeria Company Stories, Startup
⚡ TL;DRThe Dangote Refinery in Lekki, Lagos is Africa’s largest oil refinery, built by Aliko Dangote at a cost of roughly $20 billion. Designed to process 650,000 barrels of crude per day, it aims to end Nigeria’s paradoxical dependence on imported fuel...
