Nigeria’s economy grew by 4.23% year-on-year in the second quarter of 2025, the fastest growth since 2021, according to the national bureau of statistics. The…
Afreximbank Signs US$1.35 Billion Financing Facility to Refinance Dangote Refinery
African Export-Import Bank (Afreximbank) is pleased to announce the signing of a US$1.35 billion financing facility in favor of Dangote Industries Limited (DIL). The facility…
Dangote Refinery launched in Lagos
Africa’s biggest oil refinery has been opened in Nigeria. The $19bn (£15.2bn) refinery, owned by Africa’s richest man, Aliko Dangote, is said to be the…