KEY POINTS The Dangote Refinery has increased the ex-depot price of Premium Motor Spirit (petrol) by ₦75 per litre, raising it from ₦1,200 to ₦1,275 per litre in a move …
Dangote refinery
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KEY POINTS Former President Olusegun Obasanjo has again declared that Nigeria’s state-owned refineries operated by the Nigerian National Petroleum Company Limited will never function effectively again, despite ongoing efforts by …
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In the News
South Africa and Nigeria Urged to Build Joint Renewable Energy Infrastructure to Secure Africa’s Future
Experts at the 4th South Africa Week in Lagos have called for joint renewable energy investment between South Africa and Nigeria to secure the continent’s energy future.
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KEY POINTS Crude oil supply from the Nigerian National Petroleum Company, NNPC, Limited increased significantly in April 2026, with over 1.03 million metric tonnes delivered to the Dangote Oil and …
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Aliko Dangote has struck a deal with Honeywell to produce plastics and detergent ingredients at his Lekki refinery, cutting Nigeria’s dependence on imports.
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KEY POINTS Dangote Group is accelerating its diversification into high-value petrochemicals, with its refinery in Lekki, Lagos set to commence large-scale production of key industrial chemicals used in plastics and …
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In the NewsOil & Gas
Nigeria Exports 55.39 Million Barrels as Dangote Refinery Struggles with Crude Shortage
KEY POINTS Nigeria exported a total of 55.39 million barrels of crude oil in the first two months of 2026, even as the Dangote Petroleum Refinery continues to grapple with …
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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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KEY POINTS African energy stakeholders are mobilising an estimated $120 billion to construct six large-scale refineries comparable to the Dangote Petroleum Refinery, in a bold move to shield the continent …