Dangote Refinery

45 Articles
EconomyMetro

Aliko Dangote Disputes Forbes Wealth Estimate, Claims Refinery Alone Exceeds $40 Billion

Africa's richest man has thrown down the gauntlet to Forbes Magazine, publicly disputing the publication's recent estimate that pegs his personal fortune at...

Economy

Dangote Refinery Prepares for Africa’s Largest Ever IPO in September

Africa's financial markets are bracing for their biggest initial public offering ever as Nigeria's Dangote Refinery prepares to list shares across multiple African...

Economy

Experts Urge Accountability As Nigeria Records Higher Revenue Amid Global Oil Crisis

Economic and financial experts have called for stronger accountability from state governors and local government chairmen following increased revenue inflows linked to rising...

Sports

Dangote Reveals Why He Abandoned Arsenal Takeover for Refinery Project

Africa’s richest man, Aliko Dangote, has explained why he dropped his long-standing ambition of buying English football club Arsenal F.C., saying he chose...

Economy

Dangote Says Fuel Import Mafia Tried to Stop 20 Billion Dollar Refinery

Africa’s richest man, Aliko Dangote, has revealed that powerful fuel importers fought hard to frustrate the establishment of the Dangote Refinery, describing them...

Economy

Dangote Refinery Exports 1.66 Billion Litres of Fuel Amid Global Supply Tensions

Fresh data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority NMDPRA shows that the Dangote Petroleum Refinery and Petrochemicals exported an estimated...

Economy

Nigeria Exports 80 Percent of Crude Oil Despite Rising Local Refinery Demand

Oil companies in Nigeria exported nearly 80 percent of the country’s crude oil production in the first quarter of 2026 despite increasing demand...

Economy

Dangote Refinery Sets Aviation Fuel Price at ₦1,820 Per Litre Amid Industry Concerns

Dangote Petroleum Refinery has announced a gantry price of ₦1,820 per litre for aviation fuel, a move aimed at improving transparency and stabilizing...

Economy

Nigeria, Oil Firms Record $4bn Windfall as Global Crude Prices Surge Amid Conflict

Nigeria and oil companies operating in the country have reportedly earned an estimated 4 billion dollars in additional revenue following a sharp rise...

Economy

Nigeria Exports 55.39 Million Barrels of Crude as Dangote Refinery Faces Supply Shortage

Nigeria exported a total of 55.39 million barrels of crude oil in the first two months of 2026, even as domestic refiners, including...