Browsing: Refining

Nigeria marked a major economic milestone on September 14, 2026, with the opening of the initial public offering (IPO) of Dangote Petroleum Refinery, the largest IPO in African history. Located in the Lekki Free Zone in Lagos, the refinery now has a crude-processing capacity of 700,000 barrels per day, up from 650,000, and cost approximately…

The world’s richest Black man says he aims to make Africa more self-sufficient and less reliant on imports.