Page 28 - Devakumar Edwin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Our Reporters With 2021 already in its third day, certain individuals, by virtue of their current standing, aspirations or projections, look set to define how the year would ultimately turn out for the country. These individuals, apart from the influence they wield and their capacity to cause changes in certain areas of the body politic, the followership they enjoy, as well as their network of contacts, have also made their places inevitable in the new year. Those identified in this report are just a few of the persons who would ultimately sculpt the new year and define its bearing, but they ...

The Dangote Cement Plc logo stands on a barrier at the under-construction Dangote Industries Ltd. oil refinery and fertilizer plant site in the Ibeju Lekki district, outside of Lagos, Nigeria, on Thursday, July 5, 2018. The $10 billion refinery, set to be one of the worlds largest and process 650,000 barrels of crude a day, should be near full capacity by mid-2020, Devakumar Edwin, group executive director at Dangote Industries said in an interview. Photographer: Tom Saater/Bloomberg via Getty Images Citing economic benefits of the multi-billion dollars 650,000 bpd capacity Dangote Refinery c...

Nigeria’s billionaires and big businesses are ploughing money into Africa’s largest economy even as foreign investors shy away from a country in the midst of its second recession in five years. Banking-to-power millionaire Tony Elumelu said he was set to close a $1bn oil block deal soon, while flour-and-cement billionaire Abdulsamad Rabiu’s Bua Group is to build a multi-billion-dollar 200,000 barrel a day oil refinery in oil rich Akwa Ibom state. That project will compete against a $12bn 650,000 barrel a day mega-refinery being built by Africa’s richest man Aliko Dangote on the outski...