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Afreximbank funds three new Nigerian refineries

Tuesday, April 28, 2026

Afreximbank is funding three new refineries in Nigeria to slash reliance on imported fuel and increase domestic production. The projects aim to boost energy security, create jobs and lower fuel prices for Nigerian consumers.

The African Export-Import Bank (Afreximbank) is financing three new Nigerian refineries to cut dependence on imported fuel and boost local production. Read More: https://punchng.com/afreximbank-funds-three-new-nigerian-refineries/