Dangote Refinery Eyes $5bn IPO as Valuation Doubles to $50bn
Africa’s largest single-train refinery is preparing for one of Nigeria’s biggest capital market deals yet. Dangote Refinery plans to sell up to 10 per cent of its stake in an…
Dangote Refinery Powers onto Global Stage, Supplies Jet Fuel Beyond Africa
Nigeria’s Dangote Refinery has taken a decisive step into the global energy market, emerging as a supplier of jet fuel to international destinations, including Europe. The development marks a significant…
Dangote Refinery Hits 50 Million Litres Daily Petrol Production, Powers 24-Hour Loading for Over 1,000 Trucks
Dangote Petroleum Refinery has reached a major milestone, now producing 50 million litres of Premium Motor Spirit (PMS), commonly known as petrol, per day, the company announced on Wednesday, January…
DANGOTE REFINERY AT ONE: ALIKO DANGOTE HALTS 50-YEAR FUEL QUEUE ERA, SLASHES PETROL PRICES TO ₦841 IN LAGOS & KEY STATES
By Ogungbayi Beedee Adeyemi adeyemi@ddnewsonline.com Africa’s richest man, Aliko Dangote, celebrated the one-year anniversary of petrol production at his $20 billion Dangote Refinery on Thursday by declaring an end to…
Dangote Refinery Receives Over 2000 CNG to Bolster Fuel Distribution
By Calista Oyeoba /posted August 1, 2025 The Dangote Petroleum Refinery, in a bid to bolster nationwide distribution chain involved in petroleum products, took a strategic step towards transforming Nigeria’s…
FG Support, Stakeholders Collaboration Effective to Curbing Importation of Substandard Petrol, Unified Price Index – CORAN
By Ed Malik, A | ed@ddnewsonline.com | posted november 8th, 2024 Mr. Momoh Oyarekhua, Chairman of the Crude Oil Refineries Association of Nigeria (CORAN) and Executive chairman of OPAC Modular…
Edo Refinery Receives 15,000 Barrels of Crude Oil from Oza Oil Field in 2024
The Edo Refinery has received a total of 15,000 barrels of crude oil in 2024 for production from the Oza Oil Field operated by Decklar Resources Inc. and its co-venturer,…