11 Sep, 2025
3 mins read

Afreximbank Backs Dangote with $4bn Boost

In a strategic boost to Africa’s industrial development and energy independence, the African Export-Import Bank (Afreximbank) has announced its leadership role in a landmark $4 billion syndicated refinancing loan for Dangote Industries Limited (DIL), the parent company behind the continent’s most ambitious energy infrastructure—the Dangote Petroleum Refinery and Petrochemicals Complex. The deal, which includes Afreximbank’s […]

4 mins read

Marketers Urge Dangote Refinery to Sell Petrol Below N800 per Litre

Amid growing concerns over the cost of Premium Motor Spirit (PMS), also known as petrol, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Dangote Petroleum Refinery to reduce its pump price to below N800 per litre. Currently, petrol is being sold at between N815 and N825 per litre from the Dangote […]