(Reuters) - Nigerian tycoon Aliko Dangote has acquired a controlling stake in Nigeria's third-largest oil refinery for an undisclosed sum, consolidating his grip on the OPEC member nation's refining industry.
It is the second major refinery purchase in 11 days by Dangote, who is a major financier of the ruling party and ally of outgoing President Olusegun Obasanjo, after he bought the largest refinery in Port Harcourt on May 17.
Read more at Reuters Africa
It is the second major refinery purchase in 11 days by Dangote, who is a major financier of the ruling party and ally of outgoing President Olusegun Obasanjo, after he bought the largest refinery in Port Harcourt on May 17.
Read more at Reuters Africa
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