The African Energy Chamber has named Aliko Dangote its 2026 African Energy Person of the Year, recognizing his refinery’s transformative impact on Nigeria and African energy security.
Dangote refinery
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In the NewsMarketsOil & Gas
Otedola Sells Geregu Stake to Fund Planned Investment in Dangote Refinery IPO
KEY POINTS Nigerian billionaire businessman Femi Otedola has revealed that he sold his stake in Geregu Power Plc in order to position himself for a major investment in the proposed …
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KEY POINTS Chairman of FirstHoldCo, Femi Otedola, has expressed interest in acquiring $100 million worth of shares in the proposed Initial Public Offering (IPO) of the Dangote Petroleum Refinery and …
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KEY POINTS Despite a recent reduction in the gantry price of aviation fuel, Jet A1, by the Dangote Petroleum Refinery & Petrochemicals, airline operators and passengers across Nigeria are yet …
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KEY POINTS Dangote Petroleum Refinery and Petrochemicals has reduced the price of aviation fuel (Jet A1) from N1,750 to N1,650 per litre in a move designed to ease operational pressures …
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KEY POINTS Nigerians spent an estimated ₦5.43 trillion on petrol, commonly known as petrol, in the first quarter of 2026, amid rising fuel prices and ongoing tensions in the downstream …
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KEY POINTS Ugandan President Yoweri Museveni has expressed strong support for a proposed East African regional oil refinery following discussions with Nigerian billionaire and industrialist Aliko Dangote, signalling renewed momentum …
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KEY POINTS The National Pension Commission (National Pension Commission), PenCom has granted Pension Fund Administrators (PFAs) special approval to invest pension assets in the planned Initial Public Offering of the …
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In the NewsMarketsOil & Gas
Dangote Rejects NNPC’s Bid to Increase Stake in Upcoming Refinery Listing
KEY POINTS Nigerian billionaire businessman, Aliko Dangote, has revealed that he rejected attempts by the Nigerian National Petroleum Company Limited, NNPC, to increase its minority stake in the soon-to-be publicly …
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KEY POINTS The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has surged again across Nigeria, with a 12.5kg cylinder now selling for about ₦18,750, while the …