Implications of Dangote Refinery Expansion on Nigeria’s Foreign Exchange Demand

As Dangote Refinery sets on a historic trajectory of expansion from 650,000 barrels per day to 1.4 million barrels, more than double its current production capacity, alongside plans to list 10 percent of its stake to the public, the implications for Nigeria’s foreign exchange dynamics are significant. Beyond fuel: Deepening Nigeria’s industrial base The refinery’s […]