•Court delivers ruling on NNPC’s objection to refinery’s suit March 18
•Oando offers shareholders additional stocks valued at N97.6 billion
Emmanuel Addeh and Alex Enumah in Abuja
In a significant milestone, the Dangote Petroleum Refinery yesterday announced that it successfully exported two jet fuel cargoes to Saudi Aramco, the world’s largest oil producer and a leading integrated oil and gas company globally.
Also, a Federal High Court in Abuja yesterday fixed March 18 for ruling in the notice of preliminary objection brought by the Nigeria National Petroleum Company Limited (NNPC) against the suit filed by Dangote Refinery.
In the same vein, Oando Plc, Nigeria’s leading integrated oil and gas company and the country’s first International Oil Company (IOC), has said it is rewarding its shareholders by offering them 1.28 billion additional shares in the form of stock dividend valued at N97.6 billion.
But President of Dangote Group, Aliko…
Source: Thisday Newspaper
