The start of operations of Aliko Dangote’s Lagos‐based refinery have helped him double his net worth to $28 billion, according to Bloomberg Billionaires Index.
Nigeria Oil Production
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Nigeria – Despite its vast oil reserves, Nigeria faces significant hurdles in achieving its target of attaining a two million barrels per day (BPD) oil production capacity. The country’s oil …
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Oil prices have risen for the third consecutive week, reaching their highest levels since November, as China’s economic recovery boosted demand for the commodity. However, Nigeria, Africa’s largest oil producer, …
