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Nigeria turns to Chinese partners to revive state-owned refineries

NNPC partners with Chinese firms to revive Port Harcourt and Warri refineries

The deal shifts refinery management toward a performance-driven Technical Equity Partnership model

Collaboration focuses on completing rehabilitation while expanding petrochemical and gas-based industrial hubs

Agreement aims to end fuel imports by ensuring sustainable domestic refining operations

Nigeria turns to Chinese partners to revive state-owned refineries

the MoU signing ceremony

NNPC partners with Chinese firms to revive Port Harcourt and Warri refineries

The deal shifts refinery management toward a performance-driven Technical Equity Partnership model

Collaboration focuses on completing rehabilitation while expanding petrochemical and gas-based industrial hubs

Agreement aims to end fuel imports by ensuring sustainable domestic refining operations

photo of Dangote and Femi Otedola
  • Energy

Otedola Refutes Claims of Private Funding for Dangote Refinery

filling station
  • Energy

South Africa Faces Massive Fuel Price Hike Amid Global Supply Crisis

south-africa-foreigners-looting
  • Politics

Xenophobia: Nigeria Initiates Citizen Repatriation Amid Escalating South Africa Unrest

Naira and U.S-dollar
  • Finance

Naira Defies Geopolitical Risks Post 1% Monthly Gain, Central Bank Tightens Grip

  • Business

Dangote East Africa Refinery: The Tanga Energy Corridor & the Remaking of East African Industry

OPEC+ logo
  • Energy

188,000bpd: OPEC+ Approves June Production Hike as UAE Exits Alliance

barrels of oil
  • Energy

Oil Windfall: Nigeria to Net N6.8 Trillion Revenue Boost Amid Global Conflict

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  • Agriculture

Iran War Day 62: Fertilizer Firm Warns of Impending African Food Shortages

Commentary

Beyond the Red Carpet: The UK State Visit is an Investment in Nigeria’s Future

24 March 2026

South Africa to scrap its prime lending rate with central bank policy rate

18 February 2026

Nigeria Industrial Giant BUA Partners Abu Dhabi’s AD Ports to Revolutionize West African Logistics

17 February 2026

Nigerian Breweries Swings Back to Profitability in 2025 After 2 years losing streak

13 February 2026

AU Summit: Nigeria Secures Permanent Seat on African Central Bank Board

13 February 2026

Nigerian Naira anchors as foreign reserves hit 8-year peak of $47b

10 February 2026
ThinkBusiness Africa TV
Economy
South Africa Flag
  • Economy

South Africa Proposes Sweeping Overhaul to Replace 63-Year-Old Capital Flow Rules

wale edun
  • Economy

7 Reforms: How Wale Edun Rebuilt Nigeria’s Economic Foundation

IMF LOGO
  • Economy

IMF Warns Middle East Conflict Threatens Sub-Saharan Africa’s Hard-Won Economic Gains

Asiwaju-Bola-Ahmed-Tinubu-president-of-Nigeria.
  • Economy

Nigeria disburses record N2.036 trillion as oil revenue surges in March

  • Economy

South Africa March inflation nudges upward to 3.1% amid rising school fees

  • Economy

Wale Edun  shows appreciation, steps aside as Nigeria’s finance minister after three-year reform push

  • Economy

Morocco’s inflation rebounds to 0.9% as four-month deflationary streak ends

raw gold
  • Economy

Uganda’s central bank begins domestic gold purchase to bolster reserves

Business
  • Business

Nigerian airlines threaten nationwide shutdown over 270% spike in Jet fuel prices

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  • Business

Nigeria slashes vehicle import tariffs to 40% to combat inflation

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  • Business

Manufacturing leads Nigeria’s N9.21 trillion corporate tax surge in 2025

Lagos urban area
  • Business

Nigeria’s private sector sees 16-month growth streak as PMI hits 53.2

governor otti at the commisioning
  • Business

Nigeria: Otti commissions $35m beverage plant in Aba, pledges continued industrial support

Standard Bank branch
  • Business

Standard Bank targets 12% annual profit growth in new 2026–2028 Strategy

ngozi-okonjo-iweala-WTO
  • Business

WTO Faces “Disorderly Collapse” as Reform Deadline Looms in Cameroon

central bank of Nigeria
  • Business

Nigeria scraps FX limits, grants oil firms 100% access to export proceeds

Book Review
  • Book Review

The Oil Curse: How Petroleum Wealth Shapes the Development of Nations

  • Book Review

Reforming the Unreformable – Lessons from Nigeria

  • Book Review

Why Growth Matters – How Economic Growth in India reduced poverty and the lessons for other developing countries

  • Book Review

Cobalt Red – How the blood of the Congo Powers Our Lives

  • Book Review

Rule Breaker: Rebellious Leadership for the Future of Work

  • Book Review

Collapse and Recovery: How the Covid – 19 pandemic eroded human capital and what to do about it.

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