Centre for the Promotion of Private Enterprise

Dangote refinery expansion, price cuts, $5B IPO

53 clusters · 238 sources · last updated 2 days ago

Latest: Dangote Industries acquires 4,000 machines for refinery expansion

Since commissioning, Dangote Petroleum Refinery has reshaped Nigeria’s energy landscape, supplying approximately 80% of domestic petrol demand. The company is advancing a massive capital raise to support its ‘Vision 2030

Nigeria oil output up, refinery expansion and import shifts

35 clusters · 143 sources · last updated 2 days ago

Latest: Aliko Dangote outlines major African energy and industrial investment plans

Oil output continued to rise through 2026, with OPEC data showing 1.38 mbpd in March and reaching approximately 1.70 mbpd by May-June, exceeding the 1.5 mbpd OPEC quota. Production gains were supported by improved pipeli

Nigeria economic stability, FX inflows, and cost of living

24 clusters · 62 sources · last updated 6 days ago

Latest: Nigeria's Bagudu attributes cost-of-living crisis to reforms and global pressures

By September 2026, Nigeria’s macroeconomic landscape continued to show signs of stabilization following structural reforms, including fuel subsidy removal and foreign exchange liberalization. While real GDP growth reache

Nigeria energy sector development and challenges

3 clusters · 20 sources · last updated 21 days ago

Latest: Nigeria power sector reforms urged to support economic recovery

Nigeria continues to navigate structural challenges and reform efforts within its energy sector. The power sector remains burdened by significant debt, with obligations estimated between ₦3.3 trillion and ₦4 trillion and