The Dangote Refinery, one of Africa's largest fuel production facilities, is reportedly in advanced negotiations with eight African countries to establish fuel supply agreements. This strategic move aims to position the refinery as a key fuel supplier across the continent while tackling ongoing challenges with domestic distribution and pricing. Expanding Fuel Supply Network Across Africa…
Dangote Refinery, a $15 billion project, has been a significant source of employment, creating over 100,000 jobs
Nigeria’s interest rate environment is currently one of the highest in the world. The Central Bank of Nigeria (CBN) has set the monetary policy rate at 26.25 percent, but commercial banks charge between 35 to 40 percent for business loans.