DangoteRefinery

4 Articles
Economy

Dangote Targets $50bn Valuation for Refinery Ahead of Landmark African Stock Listing

Africa’s richest man Aliko Dangote is targeting a $50bn valuation for his Dangote Petroleum Refinery & Petrochemicals ahead of a planned stock market...

Economy

Nigeria Oil Producers Offer 58.8 Million Barrels to Local Refineries as Domestic Supply Obligation Exceeds Target

Oil producers in Nigeria have supplied about 58.8 million barrels of crude oil to domestic refineries in the second quarter of 2026, surpassing...

World

MAN Rejects World Bank Call for Petrol Import Licences, Warns of Economic Setback

The Manufacturers Association of Nigeria has strongly opposed the recommendation by the World Bank urging Nigeria to reconsider reinstating petrol import licences to...

Economy

Nigeria Balance of Payments Falls Sharply Amid Oil Revenue Decline in 2025

Nigeria external sector came under pressure in 2025 as the country Balance of Payments surplus dropped significantly reflecting deep structural challenges in trade...