Business Top Stories

Dangote Inks $400 Million Deal to Boost Refinery Expansion

Dangote Group has signed a $400 million agreement with XCMG Construction Machinery Co., Ltd. to accelerate the expansion of its petroleum refinery and petrochemicals operations from 650,000 barrels per day to 1.4 million barrels per day. The deal includes the acquisition of advanced construction machinery to support ongoing projects in refining, petrochemicals, agriculture, and infrastructure […]