dangote refinery
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Nigeria Forbes: Aliko Dangote’s Wealth Jumps by $11 Billion in One Year
Aliko Dangote’s net worth has surged to $23.9 billion, making him the 86th richest person globally, according to Forbes. His wealth increase is driven by his 92.3% stake in Dangote Petroleum Refinery. The refinery’s operations have expanded, with expectations to reach full capacity soon, further...- Nigeria News
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- aliko dangote dangote net worth dangote refinery forbes billionaires richest african
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Nigeria Aliko Dangote Reveals $23B Refinery Project Was "Biggest Risk" of His Life
Aliko Dangote describes his $23 billion Dangote Refinery project as the "biggest risk" of his life, highlighting challenges like financing, regulations, and securing suppliers. The refinery, Africa's largest, aims to transform Africa's oil refining capacity, creating wealth and reducing...- Nigeria News
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- $23 billion project africa oil industry dangote refinery
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Business $23bn refinery biggest risk of my life – Dangote - Punch Newspaper
https://punchng.com/23bn-refinery-biggest-risk-of-my-life-dangote/- Kayode Israel
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- aliko dangote dangote refinery naija news punch newspaper
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Nigeria Dangote Refinery Cuts Diesel Prices Again, Now N1,020 Per Litre
Dangote Refinery has reduced diesel prices from N1,075 to N1,020 per litre, marking another price cut since January. Experts commend its impact on fuel price stabilization and economic relief. With global firms like BP and Saudi Aramco buying Nigerian fuel, the country is emerging as a key...- Nigeria News
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- dangote diesel price dangote refinery diesel price reduction energy market nigeria nigeria fuel prices
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Business Dangote Refinery Cuts Diesel Price By 5% To N1,020 Per Litre - Information Nigeria
https://www.informationng.com/2025/02/dangote-refinery-cuts-diesel-price-by-5-to-n1020-per-litre.html- Kayode Israel
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Nigeria Fuel Price War Heats Up as Marketers Ditch NNPCL for Dangote
Oil marketers are dropping their affiliations with the Nigerian National Petroleum Company Limited (NNPCL) due to fierce competition with Dangote Petroleum Refinery. With Dangote reducing its loading costs, marketers are rebranding their stations to secure cheaper fuel, reshaping Nigeria's fuel...- Nigeria News
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- dangote refinery fuel price war nigeria fuel competition nnpcl oil marketers
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Business Dangote Petroleum Refinery slashes ex-depot price of petrol to N890 per litre - Vanguard News
https://www.vanguardngr.com/2025/02/dangote-petroleum-refinery-slashes-ex-depot-price-of-petrol-to-n890-per-litre-2/- Kayode Israel
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Nigeria Dangote vs. NNPC: Court to Decide on Oil Import Licence Dispute
A Federal High Court in Abuja will hear NNPC’s objection to Dangote Refinery’s lawsuit over an oil import licence on February 5. The refinery seeks to nullify import licenses issued to oil firms, citing violations of the Petroleum Industry Act. The court directed Dangote to file a response...- Nigeria News
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- dangote refinery nigerian court nnpc oil import licence petroleum industry act
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Nigeria Dangote Refinery Secures 12M Barrels of US Crude to Address Local Supply Gaps
The Dangote Refinery is set to import 12 million barrels of US crude in February to address shortfalls in local supply. The $20 billion facility targets full capacity by mid-2025, with storage expansion underway to support operations. The naira-for-crude policy aids procurement but relies...- Nigeria News
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- crude oil dangote refinery
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Nigeria Fuel Prices Hit ₦1,150 as Dangote Refinery Adjusts Rates
Fuel prices in Nigeria have risen to ₦1,150 per litre after Dangote Refinery's ex-depot hike. Independent marketers cite increased crude costs and logistics as major factors. Abuja stations adjusted prices to ₦1,155, while NNPCL outlets remain at ₦965. Further price revisions are expected amid...- Nigeria News
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- dangote refinery ex-depot rates fuel price hike nigeria fuel costs petrol price increase
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Nigeria Dangote Refinery Announces 6% Petrol Price Increase, Now N955/Litre
Dangote Refinery has increased petrol prices to N955 per litre for bulk buyers, effective January 17, 2025. The hike, driven by rising global crude oil prices, applies to all unsold stock and pending orders. Bulk purchases exceeding 5 million litres will enjoy a slightly reduced rate of N950 per...- Nigeria News
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- dangote refinery
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Nigeria OPEC Reports Impact of Dangote Refinery on European Petrol Imports
OPEC reports that the Dangote Refinery's fuel production, particularly gasoline, is impacting the European market. The refinery's operational ramp-up has reduced Nigeria's reliance on imports, leading to shifts in international fuel trade. The refinery is expected to continue affecting global...- Nigeria News
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- dangote refinery european gasoline market fuel production nigerian oil exports opec
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Nigeria Dangote Refinery Becomes New Choice for Marketers as Petrol Prices Soar
Marketers in Nigeria are shifting to Dangote Refinery as petrol depot prices rise to N950 per litre. The price hike is due to global crude oil price increases. IPMAN members are encouraged to buy directly from Dangote Refinery to secure more competitive rates, marking a significant shift in the...- Nigeria News
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- crude oil price increase dangote refinery ipman nigeria petrol depot price petrol price rise
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Nigeria NNPCL May Cut Crude Supply to Dangote Refinery as Local Refineries Ramp Up Production
The Nigerian government plans to reduce crude oil supply to Dangote Refinery from 300,000 barrels per day due to the onstreaming of Warri and Port Harcourt refineries. This move is part of the Naira-for-Crude initiative, aimed at increasing local refining capacity and competition in the...- Nigeria News
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- dangote refinery nnpcl
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Nigeria IPMAN Announces Nationwide Petrol Price Drop to N935/Litre
Petrol prices are set to drop to N935 per litre as Dangote Refinery reduces its ex-depot price to N899.50. IPMAN announces the new pricing structure, citing deregulation and increased refinery activities as key factors. The initiative promises uniform pricing, boosting affordability and...- Nigeria News
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- dangote refinery fuel price reduction ipman petrol price drop
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Nigeria Dangote and MRS Offer Petrol at ₦935 Per Litre Nationwide
Dangote Refinery has partnered with MRS to sell petrol at ₦935 per litre nationwide. This price reduction follows the Nigerian National Petroleum Company’s recent price cuts, reflecting the positive impact of the naira-for-crude swap deal on the Nigerian economy. The initiative aims to provide...- Nigeria News
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- dangote refinery mrs partnership nigeria fuel prices petrol price reduction premium motor spirit
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Business Dangote Refinery reduces petrol price to N899.50k/litre - Tribune News
https://tribuneonlineng.com/just-in-dangote-refinery-reduces-petrol-price-to-n899-50k-litre/amp/- Kayode Israel
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Nigeria Dangote Cuts PMS Price to N899.50 per Litre, Introduces Special Holiday Offer
Dangote Petroleum Refinery has lowered the price of Premium Motor Spirit (PMS) to N899.50 per litre, offering a holiday discount to ease transport costs. The refinery also introduces a special offer allowing consumers to purchase additional fuel on credit. It aims to provide high-quality and...- Nigeria News
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- dangote petroleum dangote refinery holiday fuel discount pms price reduction
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Nigeria Dangote Group Denies NNPCL's $1 Billion Loan Claim for Refinery
Dangote Group has refuted NNPCL's claim of facilitating a $1 billion loan to address liquidity issues at the Dangote Refinery. The company clarified that the $1 billion represents only 5% of the total investment, and the partnership was credit-driven, not cash-based, with NNPCL failing to meet...- Nigeria News
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- $1 billion loan dangote group dangote refinery nnpcl refinery liquidity
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Nigeria Dangote Refinery Ships Petrol to Cameroon, Ghana, South Africa, and Angola
The Dangote Petroleum Refinery has successfully exported petrol to Cameroon, Ghana, Angola, and South Africa. The refinery, the largest single-train refinery globally, aims to boost industrial development, job creation, and economic growth in Nigeria. It also serves as a key technological...- Nigeria News
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- african markets dangote refinery nigeria refinery petrol exports
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