Dangote Refinery

The Dangote Petroleum Refinery has expanded its free petroleum products delivery initiative to Kano, Imo, Anambra and Nasarawa states, as it seeks to cut distribution costs for independent petroleum marketers and create room for lower petrol prices.

Aliko Dangote has offered East African countries a combined 30 percent equity stake in his planned refinery in Lamu, Kenya. Kenya is considering a 10 percent stake worth about $500 million, while Ethiopia and Rwanda have also expressed...

Dangote Refinery raised wholesale petrol by ₦20 per litre to ₦1,185 as Brent crude passed $93. Rising US-Iran geopolitical tensions triggered a five-day rally in international crude benchmarks. Dangote’s gantry rate remains ₦5 to ₦15 cheaper than major...

Dangote Refinery has secured a $1 billion underwriting programme comprising a funded $600 million private placement and a further $400 million commitment linked to its planned IPO. The programme strengthens the refinery’s capital-market position ahead of its proposed...

Dangote Refinery has secured a $400m underwriting commitment from Marob Strategies and Lilium Capital ahead of its planned IPO. The commitment will only become effective when the IPO launches and remains subject to market, corporate and regulatory conditions. ...

Dangote Refinery is targeting up to $5bn from its proposed Nigerian IPO, which could become Africa’s largest public offering. The final offer size, however, will depend on regulatory approval and the structure of the transaction. The refinery’s recent...

Fatima Aliko-Dangote is the sole female director among the 10 directors listed by Dangote Petroleum Refinery. She joined the group in 2014, moving through strategy and business development before taking a commercial leadership role at NASCON in 2016. ...

Dangote Refinery applies for an offer of up to $5 billion on the NGX as a "People's IPO." The 650,000 bpd refinery targets expansion to 1.4 million bpd. Follows a $2.5 billion private placement that was 3.7 times...

The NUPRC says Dangote Refinery rejected about 15.5 million barrels of crude offered by producers in Q2 2026. The regulator reported that producers offered 68.1 million barrels, but the refinery accepted 52.6 million barrels. Dangote disputed the figures...

Dangote Refinery is targeting a $5bn IPO in Nigeria. Johannesburg wants the refinery on its exchange next. Kenya could also feature in the wider fundraising plan. Dangote wants Africans to own part of the business. August 07, (THEWILL) —...