{"id":223690,"date":"2026-02-13T12:15:31","date_gmt":"2026-02-13T10:15:31","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigeria-otedola-projects-stronger-naira-as-dangote-refinery-hits-full-capacity\/"},"modified":"2026-02-13T12:15:31","modified_gmt":"2026-02-13T10:15:31","slug":"nigeria-otedola-projects-stronger-naira-as-dangote-refinery-hits-full-capacity","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigeria-otedola-projects-stronger-naira-as-dangote-refinery-hits-full-capacity\/","title":{"rendered":"Nigeria: Otedola Projects Stronger Naira As Dangote Refinery Hits Full Capacity"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"17\">Mr Otedola also discloses that the Dangote Group has embarked on an additional $12 billion expansion project.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"36\">Femi Otedola, chairperson of First HoldCo Plc, has expressed optimism that the naira could strengthen significantly following the Dangote Petroleum Refinery&#8217;s announcement that it has reached its full operational capacity of 650,000 barrels per day (bpd).<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"37\">In a statement on Thursday via his official X page, Mr Otedola congratulated the President and Chief Executive of Dangote Group, Aliko&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202602130271.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 West Africa <a title=\"Nigeria\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/west-africa\/nigeria\/\">Nigeria<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mr Otedola also discloses that the Dangote Group has embarked on an additional $12 billion expansion project. Femi Otedola, chairperson of First HoldCo Plc, has expressed optimism that the naira could strengthen significantly following the Dangote Petroleum Refinery&#8217;s announcement that it has reached its full operational capacity of 650,000 barrels per day (bpd). In a [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":223691,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[249],"tags":[258,256,6796,6698,10170,7111,26234,257,4687,393,39568,6039,17220,254,7288],"class_list":["post-223690","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria","tag-africa","tag-africa-news","tag-capacity","tag-dangote","tag-full","tag-hits","tag-naira","tag-news","tag-nigeria","tag-nigeria-news","tag-otedola","tag-projects","tag-refinery","tag-south-africa-today","tag-stronger"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/223690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=223690"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/223690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/223691"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=223690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=223690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=223690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}