Tag: Aliko Dangote

NNPC Boosts Crude Supply to Dangote Refinery as Nigeria Targets Fuel Stability and Exports

Business Damilola Bayonle -
Nigeria’s drive to strengthen local refining capacity gained momentum in March, as NNPC crude supply to Dangote refinery increased...

Dangote refinery IPO rumours: Company denies listing reports, warning investors

Business Damilola Bayonle -
Dangote Refinery IPO Rumours Spark Caution as Company Denies Listing Reports Nigeria’s largest privately owned refinery, Dangote Petroleum Refinery and...

Petrol may hit N1,000/litre as Dangote hikes price amid global oil market turmoil

Business Damilola Bayonle -
Petrol may hit N1,000/litre as Dangote hikes price amid global crude volatility Retail fuel prices across Nigeria may soon surge...

Dangote Refinery seals 65m-litre daily petrol distribution deal with 12 marketers

Business Damilola Bayonle -
Dangote signs deal to distribute 65m litres petrol In a landmark development for Nigeria’s downstream oil sector, Dangote signs deal...

Dangote predicts naira could strengthen to N1,100/$1 in 2026 amid reform push

Business Damilola Bayonle -
Naira could hit N1,100 to $1 in 2026, says Dangote as reforms gather pace Africa’s richest industrialist, Aliko Dangote, has...

Nigerian stocks surge 31% in 2026, rank second globally in dollar returns

Business Damilola Bayonle -
Nigerian Stocks Deliver World’s Second-Best Dollar Returns as Market Reclaims $21bn Nigeria’s equities market has staged a remarkable comeback in...

Dangote unveils dollar-denominated dividends ahead of landmark refinery IPO

Business Damilola Bayonle -
Dangote dollar-denominated dividends and the refinery’s ambitious 2026 public listing The President of the Dangote Group, Aliko Dangote, has announced...

Dangote Honeywell seal strategic partnership to double refinery capacity by 2028

Business Damilola Bayonle -
Dangote Honeywell refinery expansion: Strategic partnership to scale output to 1.4 million bpd The Dangote Petroleum Refinery has taken a...

Dangote refinery redeploys sacked engineers, backs PIA amendment to boost local refining

Business Damilola Bayonle -
Dangote Refinery Redeploys Sacked Engineers Amid Labour Dispute The management of the Dangote Refinery has redeployed several engineers who were...

Dangote begins crude oil production soon to boost energy security and refinery output

Business Damilola Bayonle -
The Dangote refinery is set to commence crude oil production soon, marking a major milestone in Nigeria’s quest for...

Dangote refinery expansion: Africa’s largest refinery begins 1.4 million barrels daily upgrade

Business Damilola Bayonle -
In a bold move that further cements Nigeria’s position in the global energy market, the Dangote Refinery has commenced...

Dangote refinery listing: Dangote plans 10% stake sale on NGX

Business Damilola Bayonle -
The President of Dangote Group, Aliko Dangote, has announced plans to list between five and 10 percent of the...