Dangote Refinery’s planned $5 billion IPO draws investor focus to crude supply availability, import costs and margins as the Nigerian plant expands.
Nigeria
A circulating video appears to show hundreds abducted after a mosque attack in Niger State, intensifying concern over mass kidnappings in northern Nigeria.
Nigeria’s central bank has eased discount window restrictions, restored longer-term repo operations and widened OMO access to improve liquidity management.
Dangote Refinery is targeting a $5 billion IPO that could become Africa’s biggest listing, funding expansion and drawing investors across the continent.
Nigeria plans to shift to market-based domestic gas pricing within two years as pipeline expansion and stronger competition reshape the country’s gas market.
Nigeria’s electric vehicle ambitions face a major obstacle as unreliable power supply raises concerns about charging access, costs and nationwide adoption.
Nigeria is considering crude allocation and pricing reforms to improve domestic feedstock access for Dangote Refinery and other local refiners nationwide.
Nigeria's cost-of-living crisis is deepening as households face higher food, housing, transport and electricity costs ahead of the January elections.
Nigeria has approved a $4.5 billion refinancing of NNPC’s oil-backed facility to bolster foreign reserves and release funding for infrastructure projects.