The nameplate capacity of the Dangote Petrochemical Refinery is projected to reach 700,000 barrels per day by December 2025, marking a major milestone in Nigeria’s refining capacity, a new report by Argus Media has revealed.
The Niger State Government has signed a ₦1.8 trillion agreement with Dangote Rice Limited to grow the supply and offtake of paddy rice over the next 10 years.
The United States became a net exporter of crude oil to Nigeria in February and March, as crude demand on the U.S. East Coast slowed due to refinery maintenance, and the Dangote refinery drove up Nigeria’s demand for inputs.
President Bola Ahmed Tinubu has directed the National Single Window (NSW) Steering Committee to ensure the platform becomes fully operational by the first quarter of 2026.
The Nigerian economy has performed 30% better than projections by the International Monetary Fund (IMF) after the National Bureau of Statistics (NBS) reported figures from the rebasing.
