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dangote refinery - Page 17

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·Oil & Gas

Dangote Refinery Kicks Off Crude Oil Refining, Paving Way For Nigeria’s Energy Independence

In the early hours of Friday, the Dangote Refinery, situated in Lekki, Lagos Nigeria, commenced operations following the successful delivery of six million barrels of crude supply in batches since December 2023. Expressing his enthusiasm, Mr. Aliko Dangote, President of Dangote Group,

January 13, 2024

Business News·News·Oil & Gas

Dangote Refinery To Receive Fresh 4 Crude Oil Cargoes From NNPC In February

There are indications that the Dangote refinery is to receive a fresh supply of four crude oil cargoes from the Nigerian National Petroleum Company Limited (NNPCL) in February

January 10, 2024

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

Business News·Oil & Gas

Dangote Refinery Ready To Begin Production As Crude Supply Hits 6m Barrels

Dangote Petroleum Refinery has marked a milestone as it announced the reception of its final shipment, totaling six million barrels of crude oil, essential for commencing its operations.

January 9, 2024

News

IPMAN Seeks Dangote Refinery’s Partnership For Direct Product Allocation, Eases Concerns Over Petrol Stability

IPMAN president, Alhaji Abubakar Maigandi, has disclosed the association's bid to secure a direct allocation of products from the Dangote Petroleum Refinery.

January 8, 2024

FEATURES·Oil & Gas

Major Events That Shaped Nigeria’s Oil & Gas Sector In 2023 And Looking Ahead 2024

Nigeria’s oil and gas industry experienced ups and downs as the government adopted key policy decisions that had far-reaching impacts on the economy.

January 5, 2024

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

Business News·News·Oil & Gas

Dangote Refinery Moves Closer To Begin Full Operations As It Receives Third Crude Shipments Of 1 Million Barrels

The Dangote Petrochemical Refinery has received its third consignment of one-million-barrel crude oil cargo from Shell International Trading and Shipping Company Limited (STASCO), marking a progression in its quest to commence petroleum refining in Nigeria. “We’re more than ready and you will

December 28, 2023

Business News·News·Oil & Gas

Dangote Refinery Receives Additional 1Million-Barrel Crude Shipment

Dangote Refinery has marked a significant step forward in its path to commencing the production of refined petroleum products as it has received an additional one million barrels of bonny light crude from the Nigeria National Petroleum Corporation Limited (NNPCL) This signals a

December 22, 2023

Dangote, Others Summoned As Nigeria's Natural Gas Production Drops Despite N250bn Fund

Business News·News·Oil & Gas

Dangote, Others Summoned As Gas Production Drops Despite N250bn Fund

The Nigerian Senate has summoned Dangote Refinery and several other prominent entities for an urgent inquiry into the decline in Nigeria’s natural gas production despite the injection of N250bn intervention fund. “The decline occurred despite the infusion of N130bn into 15 companies

November 30, 2023

Business News·News·Oil & Gas

NNPCL Boosts Dangote Refinery With Fourth Delivery Of 1m Barrels Crude Oil

In a move propelling Nigeria’s refining landscape, the Nigeria National Petroleum Corporation Limited (NNPCL) has continued its stride by delivering an additional one million barrels of crude oil to the Dangote Refinery. This marks the fourth consecutive delivery in a series set

November 28, 2023

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

Business News·News·Oil & Gas

Dangote Announces $20 Billion Refinery Listing On NGX

Nigerian business mogul Aliko Dangote has unveiled plans to list his $20 billion Dangote Refinery on the Nigerian Exchange Limited (NGX). Dangote revealed the resolution of critical challenges hindering crude oil supply, a milestone propelling the refinery towards its long-anticipated listing. “We

November 26, 2023

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