Nigeria's leading finance and market intelligence news report.

These 4 charts show why Nigerian refineries are in a sorry state 

Running its refineries is rocket science for Nigeria, Africa’s largest oil producer, which has continued to import around 90 percent of its petroleum and related products despite decades and millions spent to refine locally. The poor state of the country’s refineries is well-known but the maiden audited financial accounts by the Nigerian National Petroleum Corporation…

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