Nigeria’s Dangote Refinery is set to load a 90,000 metric ton shipment of gasoline bound for Asia on June 22, 2025, marking its inaugural delivery outside the West African region. This milestone cargo is being arranged via the Switzerland‑based trading house Mercuria, signaling the refinery’s shift toward serving global demand. Since commencing gasoline production in SeptemberContinueContinue reading “Dangote Refinery to Export First Gasoline Cargo to Asia”
Tag Archives: Nigeria economy
President Tinubu’s 2025 Budget: Bold Ambitions to Tackle Inflation and Stabilize the Naira
Nigeria’s 2025 Appropriation Bill, termed “Budget of Restoration,” aims to drastically reduce inflation and stabilize the naira while addressing agriculture, infrastructure, debt, and tax reforms. However, skepticism arises over optimistic targets, high debt servicing, and implementation risks. Past reform impacts also raise concerns about socioeconomic realities ahead.
The Naija Lowdown Writer 