Dangote Refinery

May 06, (THEWILL) — Dangote Refinery has increased its depot price for Premium Motor Spirit (PMS) to ₦1,350 per litre, marking a ₦75 rise from the previous ₦1,275 per litre. A check by THEWILL on Petroleumprice.ng on Wednesday, confirmed the...

April 29, (THEWILL) — The anticipated initial public offering (IPO) of Dangote Refinery is shaping up to be one of the most consequential financial events in Africa’s history, with the potential to test both the resilience and depth...

April 17, (THEWILL) — Troops of the Nigerian Army, under the 81 Division, have uncovered and dismantled a highly coordinated oil theft syndicate operating dangerously close to the Dangote Refinery, exposing fresh vulnerabilities in Nigeria’s critical petroleum infrastructure. In...

April 16, (THEWILL) — The Dangote Petroleum Refinery exported about 434 million litres of Premium Motor Spirit (petrol) in March 2026, after production significantly outpaced domestic consumption, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority. Figures...

April 13, (THEWILL) — Nigeria’s foremost industrialist, Aliko Dangote, is advancing plans to launch what could become Africa’s largest initial public offering, as Dangote Petroleum Refinery & Petrochemicals prepares to raise to $5 billion from investors. The highly anticipated share...

April 11, (THEWILL) — The World Bank has commended the management of the Dangote Group for the foresight it demonstrated in investing in the 650,000-barrels-per-day refinery, which has protected Nigeria against global energy deficiencies from ongoing unrest in the...

April 07, (THEWILL) — Aliko Dangote has announced a significant increase in fuel and fertiliser exports from the Dangote Group to African markets affected by supply disruptions linked to the Iran war. Speaking during a tour of the Dangote Petroleum...

March 29, (THEWILL) — Let me begin with a caveat: no economy is completely insulated from global geopolitical tensions. While the Dangote Refinery reduces import dependence, it cannot fully shield domestic fuel prices from international market shocks. The refinery...

March 27, (THEWILL) — Nigeria’s downstream petroleum sector received a welcome boost on Friday, as Dangote Petroleum Refinery and Petrochemicals announced a reduction in its gantry price for premium motor spirit (PMS), popularly known as petrol, to ₦1,200...

March 20, (THEWILL) — The Dangote Refinery is increasingly positioning itself as a critical fuel supply hub for Nigeria and parts of Africa, as disruptions linked to the Iran conflict continue to unsettle global oil markets. Rising geopolitical tensions in...