Africa’s richest man Aliko Dangote’s refinery sees surge in global fuel sales
The refinery has accelerated exports of petrol, diesel, and aviation fuel, filling a supply gap created by maintenance closures at Saudi Aramco and Kuwait facilities.
Dangote Refinery
British executive David Bird named CEO of Aliko Dangote’s $20 billion refinery
David Bird takes over $20 billion Dangote refinery as output rises and plans for public listing take shape in Nigeria.
Femi Otedola calls Dangote Refinery 'eighth wonder' during President Tinubu visit
Femi Otedola praises Dangote Refinery as the “eighth wonder” during President Tinubu’s visit, highlighting Nigeria’s industrial rise and investor confidence.
Africa’s richest man Aliko Dangote is $213 million richer this year
The increase is tied to his 86 percent stake in Dangote Cement Plc, Africa’s largest cement producer, which has gained nearly $200 million in value this year.
Africa's richest man’s biggest bet: The $23 billion investment in Dangote Refinery
Reflecting on the decade-long journey to completion, Dangote told Forbes, “If this didn’t work, I was dead.”
Sayyu Dantata’s MRS Oil cuts petrol price after Dangote Refinery’s reduction
This follows Dangote Oil Refinery’s recent move to lower its ex-depot price by 6.3 percent, from N950 ($0.64) to N890 ($0.60), after a drop in global crude oil prices.
Refinery owned by Africa’s richest person to add new tanks for crude oil imports
Dangote Refinery is boosting storage capacity by 41.67%, adding 6.3 million barrels to ensure a stable imported crude oil supply.
Dangote becomes world’s 65th richest person as refinery boosts fortune to over $27 billion
His $20-billion refinery project aims to secure the nation's energy independence, though political corruption threatens to undermine his efforts.
Dangote Oil Refinery to finalize fuel pricing and lifting agreements with Nigeria’s marketers
The meeting, anticipated between Tuesday and Wednesday, aims to establish pricing and supply terms for petrol from the $20-billion refinery.
Dangote Oil Refinery secures exclusive deal as sole jet fuel supplier for Nigerian airlines
Dangote Oil Refinery secures an exclusive deal to supply jet fuel to all Nigerian airlines, stabilizing the aviation sector and marking a major step toward energy self-sufficiency.
Nigerian billionaire Femi Otedola applauds Dangote refinery for disrupting fuel import market
Nigerian billionaire Femi Otedola praises the Dangote refinery for its impact on reducing Nigeria's dependency on fuel imports.
Africa’s richest man Aliko Dangote’s refinery pushes petrol production to mid-July
The petrochemical complex was previously scheduled to begin churning out premium motor spirit (PMS) in June.
Africa’s richest man Aliko Dangote shares how he overcame challenges to build Dangote Oil Refinery
Dangote’s refinery project represents a monumental effort to industrialize Africa and underscores his belief in the continent’s potential to drive its own development.
Marketers anticipate Africa’s richest man Aliko Dangote to slash diesel price to less than $0.7 per liter
The Independent Petroleum Marketers Association of Nigeria (IPMAN) expects the Dangote refinery to reduce diesel prices further.