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dangote refinery - Page 15

Kenya High Court Fast-Tracks Case over Proposed Dangote Refinery Investment

October 6, 2026

Kenya’s High Court has certified as urgent a petition seeking disclosure of the government’s proposed financial and other commitments to Dangote Industries’ planned $16 billion refinery in Lamu, adding to legal scrutiny

Africa·Business News·Oil & Gas·Top Stories

Kenyan Investors Gain Access to Dangote Refinery IPO through GDRs

October 6, 2026

Kenyan investors will be able to participate in Dangote Petroleum Refinery & Petrochemicals’ Nigerian initial public offering through global depository receipts (GDRs), Kenya’s Capital Markets Authority said on Monday, opening a new

I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

Africa·Business News·Top Stories

Dangote Says Lamu Refinery will Withstand Legal Challenge

September 29, 2026

Nigerian billionaire Aliko Dangote said on Tuesday that a legal challenge over land earmarked for his proposed oil refinery in Kenya would not derail the project, describing such disputes as a normal

Africa·Business News·News·Top Stories

Dangote, Ethiopia and Djibouti Unveil $660m Fuel Pipeline Plan

September 25, 2026

Ethiopia, Djibouti and Nigerian industrialist Aliko Dangote plan to invest $660 million in a refined petroleum products pipeline connecting the two East African countries, seeking to lower fuel transportation costs and strengthen

Business News·Nigeria·Top Stories

Dangote Expands Machinery Fleet to Accelerate 1.4m-bpd Refinery Target

September 23, 2026

Dangote Industries Limited has expanded its in-house construction fleet to about 6,500 machines with the acquisition of 4,000 additional units as it seeks to accelerate the expansion of its Lekki refinery to

Africa·Business News·Oil & Gas·Top Stories

Ruto, Dangote Discuss Financing for $17 Billion Kenya Refinery Project

September 21, 2026

Kenyan President William Ruto met Nigerian industrialist Aliko Dangote and Africa Finance Corporation (AFC) President Samaila Zubairu in New York on Monday, September 21, 2026 to discuss financing and preparations for a

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business News·News·Nigeria·Top Stories

Dangote Refinery Opens Africa’s Biggest IPO as Jet-Fuel Exports Surge

September 14, 2026

Dangote Petroleum Refinery and Petrochemicals opened its initial public offering on Monday, seeking to raise about 2.15 trillion naira ($1.6 billion) as the Nigerian refinery moves to expand production and broaden public

Business News·News·Nigeria

Dangote Moves to Protect Investors Ahead of Refinery IPO

September 11, 2026

Dangote Petroleum Refinery and Petrochemicals FZE has stepped up measures to protect prospective investors from fraud ahead of its planned initial public offering, approving 32 banks, fintech firms, mobile-money operators and investment

SCOA, Chellarams… Five Best-Performing Conglomerate Stocks In Q1 2025

Business News·News·Nigeria·Top Stories

NGX Extends Losses as Investors Reposition Ahead of Dangote Refinery IPO

September 9, 2026

Nigeria’s benchmark stock index fell for a second consecutive session on Wednesday, as investors continued to reposition their portfolios ahead of the planned initial public offering of Dangote Petroleum Refinery. The

Africa·News·Oil & Gas·Top Stories

Dangote Opens $1.6 Billion Refinery IPO, Sets Minimum Investment at N5,250

September 7, 2026

Nigerian billionaire Aliko Dangote on Monday, Sept. 7, signed documents for an initial public offering of Dangote Petroleum Refinery and Petrochemicals, seeking to raise about 2.15 trillion naira ($1.63 billion) to finance

Ghana Plans Petroleum Import From Dangote Refinery

News·Nigeria·Oil & Gas·Top Stories

Dangote Refinery Sets N525 Share Price for Planned IPO

September 4, 2026

Nigeria’s Dangote Group plans to price shares in the initial public offering of its refinery business at 525 naira ($0.40) each, potentially raising about $1.5 billion in what could be Africa’s biggest-ever

Business News·Nigeria·Oil & Gas·Top Stories

Dangote Refinery IPO to Open Within 12 Days as Expansion Plans Gather Pace

September 4, 2026

The initial public offering of Aliko Dangote’s Nigerian oil refinery, Africa’s largest, will open within the next 10 to 12 days, the billionaire businessman said on Thursday, potentially setting the stage for

Petrol Price Drops To N925 At Private Depots, Marketers Count Losses

News·Nigeria·Oil & Gas·Top Stories

Nigeria Labour Congress Rejects Petrol Price Hike, Questions Crude Supply to Dangote

September 2, 2026

The Nigeria Labour Congress (NLC) has rejected the latest increase in petrol prices, describing it as “avoidable and unacceptable” and questioning why the Federal Government has not ensured greater supplies of Nigerian

Africa·News·Oil & Gas·Top Stories

Rwanda Weighs Investment in Dangote’s Planned Kenyan Refinery

August 27, 2026

Rwanda is exploring an investment in Nigerian industrialist Aliko Dangote’s proposed oil refinery in Kenya, President Paul Kagame said, signalling growing regional interest in a project designed to strengthen East Africa’s petroleum

News·Nigeria·Oil & Gas·Top Stories

Dangote Refinery Raises Petrol Gantry Price to ₦1,200 Per Litre

August 26, 2026

The Dangote Petroleum Refinery has raised its gantry price for Premium Motor Spirit (PMS), commonly known as petrol, by ₦15 per litre to ₦1,200, effective Wednesday, August 26, 2026, Prime Business Africa

News·Nigeria·Oil & Gas·Top Stories

Why Dangote Refinery Is Absorbing Fuel Delivery Costs Across More Nigerian States

August 24, 2026

Dangote Petroleum Refinery has expanded its free petroleum products delivery programme to Kano, Imo, Anambra and Nasarawa states, extending the initiative to 10 locations as the refinery seeks to reduce distribution costs

Africa·News·Oil & Gas·Top Stories

Dangote Refinery Secures $1 Billion Underwriting Programme Ahead of IPO

August 19, 2026

Nigeria’s Dangote Petroleum Refinery has secured a $1 billion underwriting programme for its planned stock market listing, in a move that could pave the way for one of Africa’s largest initial public

Africa·News·Oil & Gas·Top Stories

Dangote Moves to Begin $16bn Lamu Refinery in October

August 10, 2026

Nigerian industrialist Aliko Dangote is targeting October for the groundbreaking of a proposed $16 billion oil refinery in Lamu, Kenya, putting a firm timeline on a project that has been under consideration

News·Oil & Gas·Top Stories

Dangote Refinery Targets Record $5bn IPO to Drive African Expansion

August 5, 2026

Dangote Petroleum Refinery is preparing what could become Africa’s largest-ever initial public offering (IPO), seeking to raise about $5 billion in a share sale expected to be completed in October to finance

News·Oil & Gas·Top Stories

Enoh, Bago Visit Dangote Refinery, Fertiliser Plant to Boost Nigeria’s Industrial Growth

July 30, 2026

The Minister of State for Industry, Senator John Owan Enoh, and Niger State Governor, Mohammed Umar Bago, have visited the Dangote Petroleum Refinery and Petrochemicals and Dangote Fertiliser Limited as part of

Dangote Refinery Reduces Ex-depot Price Of Diesel To ₦1,020 Per Litre

News·Oil & Gas·Top Stories

Dangote Refinery Resumes Naira Sales, Raises Ex-Depot Petrol Price to ₦1,215 Per Litre

July 22, 2026

Dangote Petroleum Refinery has resumed gantry loading of Premium Motor Spirit (PMS) in naira, marking a return to local currency transactions after a brief period of dollar-denominated sales, Prime Business Africa reports.

News·Oil & Gas·Top Stories

FG, Dangote Refinery in Talks Over Dollar Fuel Sales as Naira Transactions May Resume

July 18, 2026

The Federal Government and Dangote Petroleum Refinery are in discussions over the refinery’s recent decision to sell petroleum products in United States dollars, with indications that naira-denominated transactions could soon be restored,

News·Oil & Gas·Top Stories

Depot Petrol Hits ₦1,250/L, Diesel Rises to ₦1,650 as Dangote Refinery Switches to Dollar-Only Sales

July 14, 2026

Ex-depot prices of Premium Motor Spirit (PMS), commonly known as petrol, and Automotive Gas Oil (AGO), or diesel, have surged across major independent depots following Dangote Petroleum Refinery’s decision to commence the

Global Oil Prices Rise To $73.05/ Barrel As Market Prepares For 2024 Outlook

News·Oil & Gas·Top Stories

Middle East Tensions Push Oil Prices Higher as Dangote Refinery Switches to Dollar-Based Fuel Pricing

July 14, 2026

Escalating tensions between the United States and Iran have triggered renewed volatility in global energy markets, driving crude oil prices higher and coinciding with a major pricing shift by the Dangote Petroleum

Africa·News·Oil & Gas·Top Stories

Tanzania’s Dewji Eyes $100m Investment in Dangote’s Planned East Africa Refinery

July 11, 2026

Tanzania’s richest businessman, Mohammed Dewji, has expressed interest in investing $100 million in Aliko Dangote’s proposed $17 billion crude oil refinery in East Africa, signalling growing investor confidence in what is expected

Finance & Economy·News·Oil & Gas·Top Stories

FG, Dangote Refinery, Marketers Meet to Drive Down Petrol Prices

July 6, 2026

The Federal Government on Monday convened a high-level stakeholders’ meeting with Dangote Refinery, regulators and major petroleum marketers as part of efforts to ensure Nigerians benefit from lower pump prices for Premium

News·Nigeria·Oil & Gas·Top Stories

Dangote Cuts Petrol Price Again, Explains Pricing Model, Signals Further Reductions

July 2, 2026

Dangote Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, by N50 per litre to N1,075 per litre, marking its fourth downward price review in one

News·Oil & Gas·Top Stories

Dangote Refinery Cuts Petrol Ex-Depot Price by ₦50 to ₦1,125/Litre

June 25, 2026

The Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, by ₦50 per litre, lowering the price from ₦1,175 to ₦1,125 per litre in

Business News·News·Top Stories

Dangote Refinery Dismisses Claims of Fuel Export, Re-Importation into Nigeria

June 24, 2026

Dangote Petroleum Refinery has dismissed claims that its petroleum products are exported to neighbouring countries and subsequently re-imported into Nigeria, describing the allegation as unfounded, commercially illogical, and contrary to its operational

News·Oil & Gas·Top Stories

Dangote Refinery Surpasses Nameplate Capacity, Hits 700,000 Barrels Daily

June 5, 2026

Dangote Petroleum Refinery & Petrochemicals says it has increased its crude oil processing capacity to 700,000 barrels per day (bpd), exceeding its installed nameplate capacity of 650,000 bpd in a performance test

Dangote Refinery: Fueling Nigeria's Economic Resurgence or Monopoly Menace?

Business News·News·Oil & Gas

Dangote Refinery To Import 24 Million Barrels Of Crude Oil From U.S.

In a move set to bolster its operations, the Lagos-based Dangote Refinery, spearheaded by Africa’s wealthiest entrepreneur Aliko Dangote, has announced plans to procure 24 million barrels of US crude oil over the next year. This initiative underscores the refinery’s commitment to

May 17, 2024

Business News·Markets·News

NMDPRA: Nigerian Govt Will Not Fix Price For Petroleum Products From Dangote Refinery, Pushes CNG Expansion

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reinforced its stance that it will not intervene in determining the prices of petroleum products from the Dangote Refinery once it becomes fully operational. This statement came from Farouk Ahmed, Chief Executive

May 15, 2024

Business News·News·Oil & Gas

NUPENG Defies Court Order, Continues Illegal Dues Collection At Dangote Refinery

The leadership of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has been accused of disobeying a restraining court order, allowing a factional group to illegally collect dues and levies from tanker drivers at the Dangote refinery in Lagos. According

May 9, 2024

Business News·News·Oil & Gas

Dangote Refinery: How Forex Shortage Is Delaying Crude Supplies

The $20 billion refinery project in Nigeria, the brainchild of Africa’s richest man, Aliko Dangote, is having payment problems, which is delaying the discharge of crude oil shipment from Chinese state energy giant PetroChina. Since March 28, two million barrels of West

April 26, 2024

Kaduna Refinery: The Role Of Local Refining In Nigeria's Fuel Economy

Business News·News

Dangote Refinery Again Reduces Diesel, Aviation Fuel Prices To N940, N980

Dangote Petroleum Refinery has again reduced the prices of diesel and aviation fuel, offering a litre of diesel for as low as N940 and aviation fuel at N980 per litre. This reduction follows closely on the heels of a previous price cut

April 23, 2024

Dangote Refinery Boosts U.S. Jet Fuel Supply As Demand Rises

Business News·News

Dangote Refinery’s Diesel Price Cut Sparks Marketers’ Hope For N700/Litre

The Independent Petroleum Marketers Association of Nigeria anticipates further reductions in diesel prices with the emergence of the Dangote refinery. The National Vice President of IPMAN, Hammed Fashola, expressed optimism during an interview, foreseeing a potential drop to around N700 per litre.

April 22, 2024

Business News·Markets·News

Dangote Refinery Slashes Diesel Price To N1000/Litre, Marketers Hail Move

The Dangote Petroleum Refinery has announced a reduction in the price of Automotive Gas Oil, commonly known as diesel. The reduction, from N1,200/litre to N1,000/litre, marks a pivotal moment for the downstream oil sector and the wider Nigerian economy. Addressing the media,

April 17, 2024

OPEC Envisions Medium-Term Emergence Of Modular Refineries In Nigeria

Business News·News·Oil & Gas

Dangote, Modular Refineries To Pay Naira For Crude Oil- Nigerian Govt

The Nigerian government has greenlit domestic crude oil transactions to be conducted in naira or dollars, addressing long-standing concerns of indigenous refineries and operators. The declaration, announced by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), aims to streamline the process and ensure

April 16, 2024

Major Events That Shaped Nigeria’s Oil and Gas Sector In 2024

Business News·News·Oil & Gas

Oil Marketers Call For Reduction In Dangote Diesel Price To N850/Litre

Oil marketers in Nigeria are pushing for a price cut in diesel produced by the Dangote Petroleum Refinery, urging a reduction to between N700 and N850 per litre. They argue that the current price of N1,225 per litre is steep, especially considering

April 10, 2024

Business News·Oil & Gas

Prices Set To Crash As Dangote Refinery Begins Supply Of Diesel To Marketers

Indications have emerged that Dangote Refinery’s commencement of of supply of diesel to marketers will lead to a crash in the price of the commodity.

April 3, 2024

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