Femi Otedola, the chairman of First HoldCo, says he is optimistic that the naira will strengthen meaningfully and will trade below N1,000/$1 before year-end as domestic refining is fully underway.
On Wednesday, Dangote refinery said the plant is now working at full capacity of 650,000 barrels per day (bpd).
The refinery said operation reached full capacity after the company fully restored and optimised its crude distillation unit (CDU) and motor spirit (MS) production block following a scheduled maintenance
