Nigerian billionaire Aliko Dangote's refinery takes in a record 735,000 barrels a day
Crude deliveries to Aliko Dangote's refinery near Lagos climbed to a record 735,000 barrels a day in October, as US oil filled a larger share.
Dangote Refinery
Nigerian billionaire Aliko Dangote signs deal to supply fuel to Cameroon
Cameroon's state refiner has signed a fuel supply deal with Aliko Dangote's group, as the country, without a working refinery since 2019, seeks steady supplies.
Nigerian billionaire Aliko Dangote's refinery takes Nigeria's oil as US buys 58% less
US purchases of Nigerian crude fell by more than half this year as Aliko Dangote's 700,000-barrel-a-day refinery near Lagos kept more oil home.
Nigerian billionaire Aliko Dangote's $327 million Kenya pipeline deal gets president's backing
Kenya's President William Ruto hit back at critics of Aliko Dangote's Kenya Pipeline stake, which has gained about $45 million as the shares surged.
Nigerian billionaire Aliko Dangote’s refinery IPO could boost active investors fivefold, NGX Group CEO says
Aliko Dangote’s $1.6 billion refinery IPO could increase Nigeria’s active investor base by threefold to fivefold, Nigerian Exchange Group CEO Temi Popoola says.
Nigerian billionaire Aliko Dangote grooms three daughters to run his $58 billion empire
Africa's richest man is handing more of his empire to his three daughters as a refinery IPO lifts his fortune toward $58 billion.
Nigerian billionaire Aliko Dangote plans Africa fuel network in $50 billion expansion
Aliko Dangote says his group is building pipelines and depots across East, Central and Southern Africa as part of a $50 billion investment plan.
Africa's richest man says his $100 billion 2030 revenue target is too modest
Africa's richest man told Nigerian actors and creators at his refinery that a new, larger growth target for his group will be unveiled in January.
Nigerian billionaire Aliko Dangote courts Egyptian investors as Cairo bourse weighs listing
Africa's richest man pitched Egypt as a core market for his industrial empire as the Cairo bourse studies letting locals own his companies.
Africa's richest man taps Botswana to sell $500 million of refinery shares
Africa's richest man is using Botswana's stock exchange and Access Bank Botswana to bring Southern African investors into his record refinery share sale.
Nigerian billionaire Aliko Dangote’s refinery posts $5.5 billion EBITDA in nine months
Dangote's Lagos refinery made $4.7 billion in nine months, reversing a loss a year earlier, as investors weigh its $1.6 billion share sale.
Nigerian billionaire Aliko Dangote's refinery moves to appeal ruling backing fuel imports
Aliko Dangote's refinery has asked Nigeria's Court of Appeal for leave to challenge a judgment that keeps fuel import licences flowing to three rival marketers.
Nigerian billionaire Aliko Dangote extends his $1.6 billion refinery IPO
Aliko Dangote has extended his $1.6 billion refinery IPO by two weeks to let more Africans buy shares, saying demand already far exceeds the offer.
Africa's richest man's refinery can't get enough Nigerian crude, minister admits
Nigeria's finance minister says the country does not have enough crude to supply Aliko Dangote's giant Lagos refinery, forcing the billionaire to import oil.
Nigerian billionaire Aliko Dangote’s refinery IPO opens to Uganda’s wealthy investors
Uganda’s markets regulator has opened Aliko Dangote’s $1.6 billion refinery IPO to high-net-worth and professional investors, days before the offer closes on Oct. 13.
Kenya clears billionaire Aliko Dangote's refinery IPO for Nairobi investors through depositary receipts
Kenya's Capital Markets Authority has approved a depositary receipt route for Kenyan investors to buy into billionaire Aliko Dangote's $1.6 billion refinery IPO, the first such deal under its GDR rules.