RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Business

Fire Breaks Out at Dangote Multi Billion Naira Refinery in Lagos

Akpan Edidong by Akpan Edidong
June 26, 2024
in Business, company news
Reading Time: 1 min read
A A
0
Fire Breaks Out at Dangote Multi Billion Naira Refinery in Lagos
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

A fire erupted in a section of the Dangote Refinery in Lagos on the afternoon of Wednesday, June 26, 2024, causing significant concern in the surrounding area. Eyewitnesses reported seeing large plumes of smoke and hearing loud noises emanating from the refinery.

The fire, which started around noon, was concentrated in the effluent plant of the refinery, according to reports gathered by Ratecaptain. Videos circulating on social media depicted thick black smoke billowing from the site, though it appeared that the fire was localized and did not spread to other parts of the complex. Engineers on-site were observed monitoring the situation.

AlsoRead

Nigerian Airlines Issue Ultimatum: “We May Shut Down Operations Over N3,000/Litre Jet Fuel”

CBN Tightens Oversight on Digital Finance as Nigeria’s Fintech Boom Accelerates

Stock Market Maintains Bullish Run as Investors Gain N1.36 Trillion in Four Days

Despite the dramatic visuals, emergency responders, including the Lagos State Emergency Management Agency (LASEMA), had not yet arrived at the scene at the time of reporting.

Owned by Aliko Dangote, the Dangote Refinery is a significant entity in Nigeria’s oil sector, anticipated to be the largest single-train refinery globally. The incident prompted immediate action to investigate the cause and evaluate the impact on operations.

In a press statement, the Dangote Group confirmed the fire was a minor incident and had been swiftly contained. “We have swiftly contained a minor fire incident at our effluent treatment plant (ETP) today, Wednesday, 26th June. There is no cause for alarm as the refinery is operating, and there is no recorded injury or harm to any of our staff on duty,” the statement read.

Further investigations are ongoing to determine the exact cause of the fire and to ensure the safety of all refinery operations.

Tags: Dangote Oil Refinery
Previous Post

Nigeria Records $24bn FX Inflow in Q1 2024: CBN

Next Post

CBN Discontinues FX Price Verification Portal for Importers Starting July 1

Related News

Nigerian Airlines Issue Ultimatum: “We May Shut Down Operations Over N3,000/Litre Jet Fuel”

by Victoria Attah
April 16, 2026
0

Nigerian airlines have issued a dramatic ultimatum, warning that they may suspend all domestic and international flight operations nationwide from...

$26 Billion for unidentified source passed through Binance-Cardoso

CBN Tightens Oversight on Digital Finance as Nigeria’s Fintech Boom Accelerates

by Jide Omodele
April 13, 2026
0

As Nigeria’s digital finance sector experiences explosive growth, the Central Bank of Nigeria (CBN) is stepping up its regulatory efforts...

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

Stock Market Maintains Bullish Run as Investors Gain N1.36 Trillion in Four Days

by Jide Omodele
April 13, 2026
0

The Nigerian equities market sustained its upward momentum last week, with investors recording gains of N1.359 trillion as strong institutional...

Nigerian Breweries Plc Appoints Ayodele Lawal as Sales Director.

Champion Breweries Fully Redeems N15 Billion Commercial Paper Issuance

by Akpan Edidong
April 10, 2026
0

Champion Breweries Plc has successfully completed the redemption of its N15 billion inaugural Commercial Paper programme, marking the full repayment...

Next Post
NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Discontinues FX Price Verification Portal for Importers Starting July 1

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Bitcoin to end year at $25,473

Bitcoin Volatility Turns into $12 Million Windfall for Yield Basis in Q1 2026

April 16, 2026
Leading Banks Struggle with Capital Deficits: Zenith Bank and Others Strive to Meet CBN Standards

NDIC Moves to Wind Up 89 Failed Microfinance and Mortgage Banks After Successful Rescue

April 16, 2026

Popular Story

  • Kenyan President William Ruto Urges African Nations to Move Away from US Dollar for Intra-African Trade.

    Kenyan President William Ruto Urges African Nations to Move Away from US Dollar for Intra-African Trade.

    0 shares
    Share 0 Tweet 0
  • Nigerian Airlines Issue Ultimatum: “We May Shut Down Operations Over N3,000/Litre Jet Fuel”

    0 shares
    Share 0 Tweet 0
  • NDIC Moves to Wind Up 89 Failed Microfinance and Mortgage Banks After Successful Rescue

    0 shares
    Share 0 Tweet 0
  • Naira Hits Strongest Level Since Mid-February as Global Dollar Weakens

    0 shares
    Share 0 Tweet 0
  • Bitcoin Volatility Turns into $12 Million Windfall for Yield Basis in Q1 2026

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>