Boom Or Bust With Africa’s Biggest Refinery Nigeria made a monumental splash on the oil scene with the inauguration of Africa’s largest oil refinery. While some celebrate this as a long-awaited economic revival, whispers of caution linger. This billion-dollar gamble hinges on a volatile industry—Can Nigeria truly refine its way to a brighter future, or … Read more
Africa’s business mogul, a serial entrepreneur, Aliko Dangote, has revealed that he is planning to open offices in the United States of America and London to protect his family’s wealth from devaluation. The billionaire was speaking in an interview with Bloomberg’s David Rubenstein. In 2016 when Nigeria’s economy was in a recession and the Central … Read more
An overnight attack, allegedly carried out by terrorists, in Syria’s central province of Homs was targeted at an oil refinery and two gas fields, state news agency SANA reported on Saturday. The attack targeted the Homs oil refinery, as well as a gas factory and the Rayan gas field in Homs, causing damage to some … Read more