Tinubu bets $50bn on a new deep offshore order as the NGX pulls back, reserves hit a 17-year high, and Alex takes a first look at the Dangote Refinery IPO
Dangote Refinery now supplies 87% of Nigeria's petrol demand as diesel imports hit zero, Fitch flags risks in the proposed $5bn FAB swap, and crude output crosses 1.53 million barrels a day for the first time in 2026.
Nigeria tells Paris there's no going back on fuel deregulation, the power sector gets a new minister, and refineries are only lifting half their crude allocation.