A cascade of global shocks has handed West Africa a rare strategic opening. The question is whether the region's leaders have the resolve to take it.
By Ryan Elcock The world changed on February 28, 2026. Not incrementally – not in the slow, grinding way that economists debate in retrospect – but...
By Dishant Shah The era of potential has ended. Africa’s execution phase has begun. More than US$200 billion in transformative infrastructure projects are fundamentally reconfiguring Africa’s...
By John Kourkoutas Nigeria possesses 37.1 billion barrels of proven oil reserves – more than the United Kingdom and Norway combined. Yet the West African nation...
By Des H Rikhotso Nigeria’s maritime sector has delivered a striking performance in early 2025, with exports surging 12 percent in the first half of the...
By Davida Ademuyiwa For decades, Nigeria’s oil story read like a cautionary tale of squandered potential. The discovery of crude in Oloibiri in 1956 – by...
By Des H Rikhotso Last week, the Gemini Pearl – a sleek, modern tanker – anchored at Sunoco’s Linden terminal in New York Harbor, discharging 320,000...
Nigeria’s oil refining sector rebounded in Q4 2024, posting its first quarterly growth since 2018, according to the National Bureau of Statistics (NBS). The sector expanded...
Nigerian business magnate Aliko Dangote has witnessed an extraordinary surge in his net worth, nearly doubling to an impressive US$23.9 billion, according to Forbes. This remarkable...
Bloomberg | Nigeria’s imports of gasoline are on course for an eight-year low as the country’s new mega-refinery pushes out foreign suppliers, boosting the nation’s fuel...
Nigeria’s 650,000 barrels-per-day (bpd) Dangote Refinery is constructing eight additional oil storage tanks to address challenges with crude supply. These new tanks will increase the refinery’s...
Reuters | Nigeria’s Dangote Refinery said on Wednesday it has made its first export of petrol to Cameroon, a milestone that could pave way for regional...
Bloomberg | Nigeria’s economy grew faster than anticipated in the third quarter, buoyed by its services and oil sectors. Gross domestic product (GDP) expanded an annual...
Reuters | Nigeria’s state oil firm, NNPC Ltd has revealed that one of its subsidiaries has agreed to supply 100 million standard cubic feet of gas...
Ghana is poised to begin sourcing petroleum products from Nigeria’s Dangote Refinery once it achieves full capacity, which would lessen its dependence on expensive imports from...
Bloomberg | African billionaire Aliko Dangote is wealthier than ever now that his long-awaited Nigerian oil refinery is up and running. But his mood suggests a...
The US$20 billion Lagos-based Dangote Refinery is set to begin supplying Premium Motor Spirit (petrol), marking a major shift for Nigeria as it reduces its dependence...
Bloomberg | Nigeria is considering allowing billionaire Aliko Dangote’s refinery to set the price of the gasoline it sells, people with knowledge of the matter said,...
Reuters | Nigeria’s 650,000-barrel-per-day Dangote refinery is undergoing test runs for gasoline production, with full operation expected by mid-September, according to a note by industry monitor...
Bloomberg | In a finely balanced oil market, Nigeria has suddenly reemerged as a key player. During the past few weeks, actions by the country’s massive...
Reuters | Nigeria’s government gave approval on Monday for state oil company NNPC Ltd to sell crude in the naira currency to the mega Dangote refinery...
Aliko Dangote, the Founder and Chairman of the Dangote Group, announced that the Nigerian National Petroleum Corporation (NNPC) Limited no longer holds a 20 percent stake...
Nigeria’s new Dangote oil refinery is ramping up gas oil exports to West Africa, capturing market share from European refiners, according to traders and shipping data....
For over a decade, Nigeria has struggled to significantly boost its national grid, adding just 760 megawatts (MW) over 11 years. In a striking comparison, the...
Reuters | Singapore, Asia’s oil hub, will be receiving this week its first low-sulphur straight-run fuel oil (LSSR) cargo exported from Nigeria’s new Dangote refinery, according...
Barring any last-minute changes, the US$20 billion Dangote Oil Refinery is set to be listed on the Nigerian Stock Exchange by December 2024. Aliko Dangote, the...
Reuters | Nigeria’s Dangote oil refinery started supplying petroleum products to the local market on Tuesday, a company executive and fuel marketing associations said, a major...
Reuters | Africa’s richest man Aliko Dangote is planning to set up an oil trading arm, to help run crude and products supply for his new...
Reuters | Nigeria’s Dangote oil refinery has begun producing diesel and aviation fuel, the company said on Saturday, after years of construction delays at the 650,000...
Reuters | The Dangote oil refinery in Nigeria on Friday received its first cargo of 1 million barrels of crude oil from Shell International Trading and...
CNBC Africa | The President of Dangote Group, Aliko Dangote, has revealed plans to list the US$20 billion Dangote Petroleum Refinery on the Nigerian Exchange (NGX),...
Bloomberg | Billionaire Aliko Dangote, Africa’s richest person, said his refinery has secured a license to refine more than 300,000 barrels of Nigerian crude per day...
Bloomberg | The full ramp up of Africa’s largest oil refinery, a landmark moment for crude and fuel markets both regionally and beyond, is still a...
Reuters | Nigeria’s state oil firm NNPC Ltd will supply the new 650,000 barrel-per-day (bpd) Dangote oil refinery with up to six cargoes of crude oil...
S&P Global | The long-awaited Dangote refinery – billed as a game-changer for Nigeria and sub-Saharan Africa – will receive its first cargo of crude in...
By Nnaemeka Vincent Emodi Nigeria’s new Dangote petroleum refinery is Africa’s biggest – it will produce 650,000 barrels a day, giving it the potential to address...
Reuters | Nigerian President Muhammadu Buhari will commission the multi-billion dollar Dangote oil refinery in two weeks, a presidency spokesperson said, setting up the plant for...
Members of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) who recently paid a visit to Aliko Dangote’s multi-billion-dollar refinery disclosed that the refinery is...
Bloomberg | The giant refinery being built in Nigeria by Africa’s richest person, Aliko Dangote, will finally start operations by mid-2023, according to state oil company,...
Bloomberg | When Aliko Dangote, Africa’s richest person, decided to construct a refinery in southern Nigeria on a plot of swampland almost half the size of...
