Search

Nigeria Expands Refining Capacity with Three New Licenses

Breaking News
© Allen Dreyfus
  • Nigeria issues refinery licenses for 140,000 bpd capacity increase
  • Move strengthens country’s position as Africa’s refining hub

Lagos, Nigeria – Nigeria is bolstering its position as a major oil refining hub in Africa, following an announcement on Friday by the country’s midstream and downstream regulator of three new refinery license awards.

Recent Business

The beach off Matemwe in Zanzibar, Tanzania. Photo by Crispin Jones @ Unsplash
Zanzibar sees 4.9% rise in tourist arrivals despite seasonal dip
Read More »
Morocco @ Pexels
Morocco inflation stays negative in February as weak demand persists
Read More »
Gold mine. Photo by Ricardo Gomez Angel @ Unsplash
Toubani Resources begins Mali gold project amid global demand
Read More »

Recent Politics

A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »

Latest Posts

Latest news insights