Topic
Dangote Refinery
7 stories related to this topic, newest first.
Semaforworld1 day ago
Dangote Refinery Shifts Fuel Sales in Nigeria to Dollar Pricing
Africa's largest oil refinery has begun pricing its products in US dollars for sales inside Nigeria. Semafor reported the change reverses a 2024 commitment to use the local naira currency.
Semaforbusiness20 days ago
Dangote Refinery plans $4 billion pan-African IPO at $40 billion valuation by end of 2026
Dangote Refinery will seek a $40 billion valuation in the largest IPO ever attempted in Africa. The offering would match the total value of all new listings on Nigeria’s exchange in 2025. The refinery reached full capacity earlier this year and expanded exports amid regional dema…
thesouthafrican.comworld42 days ago
Dangote Refinery Begins Project to Double Capacity in Nigeria
The expansion aims to match the world's largest refinery site and strengthen control over fuel supply chains in Nigeria.
South China Morning Postworld74 days ago
Nigeria's Dangote Refinery Supplies Fuel Across Africa Amid Middle East Energy Disruptions
A major oil refinery in Lagos, Nigeria, is operating at full capacity and exporting refined petroleum products to multiple African countries. The facility, built with Chinese contractors, has helped address fuel shortages caused by tensions in the Middle East. Nigeria has become…
OilPrice.comfinance82 days ago
Nigeria Becomes Net Gasoline Exporter Driven by Dangote Refinery Output
Nigeria transitioned to a net exporter of gasoline in March 2026, with exports reaching 55,000 barrels per day and imports dropping to 40,000 barrels per day. This shift is attributed to the Dangote refinery operating near its full capacity of 650,000 barrels per day.
tass.comfinance99 days ago
US Proposal to Relocate Troops from Uncooperative NATO Allies Amid Iran Conflict
The United States is considering a plan to move troops from NATO member countries viewed as unhelpful in the campaign against Iran to more supportive nations. Sources indicate this relocation aims to bolster US military efforts. Separately, the Dangote refinery in Nigeria has inc…
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Semaforworld99 days ago
Dangote Refinery Increases Exports Amid Middle East Supply Disruptions
Nigeria's Dangote refinery has increased its fuel exports in response to supply shocks from the Israel-Iran conflict. This move aims to enhance fuel availability in the region. Other African countries are also expanding their refining capacities to mitigate future disruptions.