Latest Business News: Refinery Revival, Job Opportunities, and Banking Updates

Interested in how Nigeria's biggest refineries are faring? You’re in the right place. The Nigerian National Petroleum Company (NNPC) recently shut down talks on selling the Port Harcourt Refinery. Instead of selling, they’re focusing on fixing and reviving it. CEO Bayo Ojulari made it clear that keeping the refinery alive with new technical partnerships is more valuable than selling out. This move aims to boost Nigeria’s oil sector without losing control of key assets.

Meanwhile, fresh opportunities are up for grabs if you’re hunting for a job in the oil and gas industry. NNPC just launched a major recruitment drive, inviting Nigerians to apply online. They’re looking for skilled professionals ready to join and help power the country’s energy future. This is part of their plan to promote transparency and growth, so keep an eye on their official site for the latest openings and application tips.

Oil Giants and Business Moves

Big news from Africa's richest man, Aliko Dangote: he’s pitching his massive 650,000 barrels per day oil refinery for sale to the NNPC. It’s a surprising twist because he claims sabotage has hurt the plant’s potential impact on Nigeria’s fuel crisis and inflation. Dangote thinks government ownership might solve these problems faster, aiming to stabilize fuel supply and prices nationwide. The whole situation shows how critical and complicated Nigeria’s energy sector keeps being.

Banking and Telecom Buzz

Switching gears to finance and telecom, Standard Bank is dealing with tough fraud allegations linked to its X platform. They deny that Brazil is solely to blame and promise to clean up the mess quickly. Customers concerned about their money should watch the bank’s updates but can also expect them to safeguard their interests.

On a brighter note, Airtel is celebrating Customer Service Week by stepping up their game. They’re all about creating smoother, more personalized experiences using technology. If you’ve ever felt frustrated with telecom services, Airtel’s recent focus might make a difference, aiming to impress and keep customers happy.

From energy-sector news to banking challenges and telecom upgrades, Nigeria’s business world is buzzing. Whether you’re looking for a new job, tracking refinery developments, or just want to know what major companies are doing, keeping tabs on these stories helps you stay ahead and informed.

Barend Wilken 3 August 2025 0

NNPC Shuts Down Port Harcourt Refinery Sale, Focuses on Revival

The NNPC has rejected calls to sell the Port Harcourt Refinery, stating that rehabilitation, not divestment, is the priority. CEO Bayo Ojulari announced that detailed reviews showed a sale would not serve Nigeria's interests. The company is focused on repairs and new technical partnerships to make the refinery viable.

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Barend Wilken 7 October 2024 0

Airtel Celebrates Customer Service Week with Renewed Dedication to Outstanding Customer Experiences

Airtel, a prominent player in the telecommunications sector, is observing Customer Service Week with a renewed focus on providing outstanding customer experiences. By doubling down on innovation and a customer-first mindset, Airtel aims to set new standards in service excellence. Their celebration highlights a drive for personalized and seamless interactions, leveraging technology to meet ever-evolving customer expectations.

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Barend Wilken 26 July 2024 0

NNPC's Major Recruitment Drive: A Comprehensive Guide on How to Apply

The Nigerian National Petroleum Company Limited (NNPCL) is opening numerous job positions for Nigerians. This recruitment drive seeks to hire skilled professionals for various roles in the oil and gas industry. Candidates can apply online by following the guidelines on the official NNPC website. This initiative is part of NNPC's strategy to foster transparency and economic growth in Nigeria's energy sector.

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Barend Wilken 22 July 2024 0

Aliko Dangote Proposes Sale of 650,000 BPD Oil Refinery to NNPC Amid Sabotage Allegations

Africa's wealthiest man, Aliko Dangote, proposes selling his 650,000 barrels per day oil refinery to the Nigerian National Petroleum Corporation (NNPC). This comes as he alleges sabotage that is hindering the refinery's potential to alleviate Nigeria's fuel scarcity and hyper-inflation. Dangote believes that state ownership could better address these challenges, improving Nigeria's energy landscape.

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Barend Wilken 3 July 2024 0

Standard Bank Addresses Fraud Complaints, Clarifies Not Brazil Alone Responsible 

Standard Bank has refuted claims that Brazil is solely accountable for fraud complaints associated with a significant financial storm on its X platform. Facing legal action over alleged fraudulent activities, the bank is actively addressing the issue and ensuring the integrity of its systems. Standard Bank stresses that it is working diligently towards a resolution.

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