Aliko Dangote has struck a deal with Honeywell to produce plastics and detergent ingredients at his Lekki refinery, cutting Nigeria’s dependence on imports.
Aliko Dangote
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KEY POINTS Nigeria has recorded a major milestone in its energy sector as the Dangote Petroleum Refinery & Petrochemicals pushed the country into becoming a net exporter of petrol for …
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KEY POINTS Africa’s richest industrialist, Aliko Dangote, is set to present a major industrial roadmap as the Dangote Group participates in the 2026 Nasarawa Trade Fair and Exhibition (NASTFE). The …
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Afreximbank has underwritten $2.5 billion of a $4 billion syndicated loan for Dangote Refinery, the largest single commitment in the deal.
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In the NewsOil & Gas
Dangote Refinery Denies IPO Listing Reports, Urges Public to Ignore Speculation
KEY POINTS Dangote Petroleum Refinery and Petrochemicals has dismissed reports suggesting it is planning an Initial Public Offering, stating that the information currently circulating in the media and across social …
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KEY POINTS Dangote Petroleum Refinery and Petrochemicals has reduced its petrol price, lowering the gantry price to N1,200 per litre and the coastal price to N1,153 per litre. The adjustment …
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KEY POINTS Africa’s richest businessman, Aliko Dangote, has signed off on a fleet deal that could reshape heavy duty transport across Nigeria. The president of the Dangote Group has ordered …
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In the NewsMarketsOil & Gas
Dangote Refinery Targets Fuel Self-Sufficiency With 65 Million Litres Daily Local Supply
KEY POINTS Africa’s foremost industrialist, Aliko Dangote, has unveiled plans for Dangote Refinery to supply up to 65 million litres of petrol daily within Nigeria while exporting an additional 15 …
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KEY POINTS Aliko Dangote, president of Dangote Group, has announced that Nigerians will soon be able to buy shares in the Dangote Petroleum Refinery, revealing that the opportunity is expected …
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In the NewsOil & Gas
Dangote Refinery Signs $400 Million Deal to Expand Capacity to 1.4 Million Barrels Per Day
KEY POINTS The Dangote Group has signed a $400 million agreement with XCMG to acquire industrial machinery that will accelerate expansion of its refinery complex. The partnership will also cover …