Business

Dangote Refinery’s jet fuel exports are expanding beyond UK to Morocco, France, Spain, Italy, Netherlands; amid tightening global aviation fuel supply disruptions. Fresh shipment data presented by S&P Global Energy has shown that Dangote Refinery is rapidly expanding its jet fuel exports across Europe, with cargoes now heading to the...

Dangote refinery reduces aviation fuel price to N1,650 and introduces interest-free credit support for airline operators and marketers. Dangote Petroleum Refinery & Petrochemicals, has reduced the price of its aviation fuel (Jet A1) to N1,650 per litre from N1,750 per litre, in a move aimed at easing cost pressures on...

PenCom approved a one-off waiver allowing pension funds participate in Dangote Refinery’s anticipated IPO despite regulatory restrictions. The National Pension Commission (NAICOM) has granted Pension Fund Administrators (PFAs) a one-off regulatory forbearance to enable investment of pension assets in the proposed Initial Public Offering (IPO) of Dangote Petroleum Refinery &...

Dangote Refinery supplied 79% of Nigeria’s petrol in April as imports dropped 37%, NMDPRA data shows. Dangote Petroleum Refinery Petrol supply rose by 19 per cent in April 2026, amid a sharp decline in fuel imports and continued shutdown of Nigeria’s state-owned refineries, according to the latest midstream and downstream...

Dangote plans a $50 billion refinery listing, potentially becoming Africa’s largest capital market offering ever recorded. Africa’s richest person, Aliko Dangote, is targeting a $50 billion valuation for his flagship refinery business ahead of a planned stock market listing in Nigeria later this year, people familiar with the matter have...