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

An iron ore on display. Photo by Malcoln Oliveira @ Pexels
Heraeus and Sibanye-Stillwater’s palladium push is set to reshape global metals markets
Read More »
Fresh produce on display at an African market. Photo by El'bataky @ Pexels
Fast growth, thin margins: Why Ethiopia’s 8% economic outlook remains fragile
Read More »
Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Why Dangote’s planned cross-border listing is a test for Africa's capital markets
Read More »

Recent Politics

Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »
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 »

Latest Posts

Latest news insights