NNPCL’s Stake In Dangote Refinery Drops To 7.2% – Here’s Why

The Nigerian National Petroleum Company Limited (NNPCL) has seen its stake in the Dangote Refinery drastically reduced. Eko Hot Blog reports that the companies initiatial 20% share has dropped to 7.2% due to a failure to meet the required payment obligations. This was announced on Sunday by the Chief Executive Officer (CEO) of Dangote Refinery, … Read more