Dangote Refinery

Economist Intelligence Unit says Dangote Refinery is reducing fuel imports, boosting Nigeria’s GDP growth and foreign exchange earnings. The Economist Intelligence Unit (EIU) has said the operational ramp-up of the 650,000 barrels-per-day Dangote Petroleum Refinery & Petrochemicals is fundamentally transforming Nigeria’s downstream oil sector, significantly reducing the country’s dependence on...

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...

Aliko Dangote says Kenya is favoured for his proposed $17 billion East African oil refinery project in Mombasa. Africa’s richest man, Aliko Dangote, has said he is considering Kenya as the preferred location for a proposed 650,000-barrel-per-day oil refinery in East Africa, with the billionaire businessman indicating that the project...

Dangote unveils 20,000MW power plan to drive industrial growth and tackle Africa’s persistent electricity shortfalls. Africa’s foremost industrialist, Aliko Dangote, has disclosed plans to expand into the power sector with a target of generating up to 20,000 megawatts (MW), as part of a  strategy to accelerate industrialisation and economic transformation...

Dangote Refinery has begun direct aviation fuel deliveries to Ethiopian Airlines, marking entry into international jet fuel supply chain markets. The Dangote Petroleum Refinery has commenced direct aviation fuel deliveries to Ethiopian Airlines, marking a significant step in Nigeria’s entry into the international jet fuel supply chain. The development, disclosed...