Search

Nigeria’s Refining Push Gains Momentum with New License Award

© Unsplash
  • First Otakikpo Midstream Limited receives refining license amid Nigeria’s bid to bolster oil processing capacity
  • Modular refinery expansion could help address supply constraints but faces crude sourcing challenges

Lagos, Nigeria – Nigeria’s drive to establish itself as Africa’s top oil refining hub is gaining traction with the announcement of a second refinery license award in just a week.

Recent Business

Nigeria President Bola Tinubu. Photo @Bola Tinubu/Facebook
Nigeria is spending its oil windfall: smart counter-cyclical move or risky fiscal bet?
Read More »
Demos Kyriacou, Deputy CEO, COO and Co-founder at Wingu Africa. Photo @ Wingu Africa LinkedIn Page
How Ethiopia’s new cloud era with Wingu signals Africa’s data sovereignty shift
Read More »
La Digue, Seychelles. Photo by Jessica Pamp @ Unsplash
Scramble for Africa: Why China is boosting Seychelles with $14mn
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »
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 »

Latest Posts

Latest news insights