Aliko Dangote

KEY POINTS Nigeria’s petroleum marketers are considering stepping back from fuel importation after the Dangote Petroleum Refinery took another slice off its ex-depot price, shifting the balance of competition in …

KEY POINTS Nigeria’s state-owned oil company is setting its sights on greater control over the country’s refining future. The Nigerian National Petroleum Company, NNPC, Limited has announced plans to raise …

KEY POINTS The Dangote Group has moved to allay public concerns over Nigeria’s new fuel import tariff, saying the policy will not raise pump prices but will instead protect the …

KEY POINTS Aliko Dangote has ruled out acquiring any of Nigeria’s ailing state-owned refineries, saying he would rather expand his privately-owned Dangote Refinery than be accused of monopolising the nation’s …

KEY POINTS President Bola Tinubu has reaffirmed his administration’s unwavering support for the Dangote Refinery’s audacious plan to expand its capacity from 650,000 barrels per day to 1.4 million barrels …

KEY POINTS Africa’s biggest refinery, the Dangote Petroleum Refinery, is embarking on an ambitious expansion plan that will more than double its current output. The Lagos-based plant, which only began …

KEY POINTS Africa’s richest man, Aliko Dangote, has revealed plans to double the capacity of his $20 billion oil refinery in Lagos to 1.4 million barrels per day, a move …

Dangote refinery delivers its first gasoline cargo to the U.S., marking a milestone in Nigerian gasoline exports and global fuel trade

KEY POINTS According to official documents seen by Billionaires.Africa, Aliko Dangote’s $20 billion refinery purchased 100,000 barrels of crude worth $7.2 million from the Nigerian National Petroleum Company Limited, NNPC, …

The Dangote Refinery is set to revolutionize Nigeria’s oil industry, creating a $21 billion annual market for Nigerian crude and boosting economic growth