Dangote Refinery

What to Know About Fatima Aliko-Dangote, the Only Woman on Dangote Refinery’s Board

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’s $5bn ‘People’s IPO’ Could Put Nigeria’s Biggest Industrial Bet in the Hands of Small Investors

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...

NUPRC Says Dangote Rejected 15.5m Barrels of Crude as Refinery Demands Proof

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’s $5bn IPO Could Reach South Africa After Nigeria Listing

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) —...

Report: Dangote Refinery Supplies 20% Of Europe’s Jet Fuel Imports In July

Dangote Refinery supplied more than 400,000 tonnes of jet fuel to Europe in July, accounting for about 20 per cent of the continent’s total jet fuel imports, according to Kpler. Europe imported about 2.06 million tonnes of jet...

Dangote Lowers Petrol Price To ₦1,165, Diesel To ₦1,570

Dangote Refinery has reduced the ex-depot price of petrol by ₦50 to ₦1,165 per litre. Diesel price has also been cut by ₦80, bringing the ex-depot price to ₦1,570 per litre. The refinery says the adjustment reflects improved...

Local Refineries Supply 79% of Nigeria’s Petrol in H1 as Imports Slump

Local refineries supplied 78.6 percent of Nigeria's petrol demand in the first half of 2026, up from 38.9 percent in 2025, while imports dropped to 21.4 percent, according to MEMAN. The report said expanded refining capacity led by...

FG Considers Dollar Swap for Dangote’s Naira Petrol Sales

The Federal Government is weighing a dollar-for-naira swap arrangement to ease Dangote Refinery's growing foreign exchange burden as crude suppliers continue to demand payment in dollars. Dangote says inadequate crude supplied under the naira-for-crude initiative has forced it...

Dangote’s $2.5bn Capital Raise Casts Long Shadow Over Nigeria’s Costly Idle Refineries

August 02, (THEWILL) — As worries increase regarding the persistent issues surrounding Nigeria's expensive inactive refineries situated in Port Harcourt, Warri, and Kaduna, the situation appears to have worsened with the advent of Dangote Refinery, which could change the...

Dangote Refinery Completes $2.5bn Private Placement Ahead Of Planned IPO

Dangote Petroleum Refinery has completed a $2.5 billion private placement, one of the largest corporate fundraising deals by an African company, as it prepares for the next phase of its expansion. The offer was oversubscribed by 3.7 times,...
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The Long Game: A Good Swing Won’t Pay the Bills

Accountability must work in both directions. Players should demonstrate discipline, professional conduct and responsible use of funds. Sponsors should make agreed payments on time and judge progress against realistic expectations.
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