Dangote Refinery Completes $2.5bn Private Placement to Fund Expansion
Dangote Refinery has completed a $2.5 billion private placement to fund expansion, strengthen its capital base and prepare for a possible public listing.
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Tag: Dangote refinery
Dangote Returns to Naira Petrol Sales as Price Rises by ₦140
Dangote Petroleum Refinery has resumed selling petrol in naira after briefly requiring petroleum marketers to pay in United States dollars. The refinery fixed its new gantry price at ₦1,215 per
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How Africa’s Largest Refinery Became Nigeria’s Fuel Price Setter
Nigerian fuel importers are facing fresh pressure as higher international petrol prices and rising freight costs eat into their margins. A new market report from S&P Global Commodity Insights shows
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Dangote Refinery Pushes Nigeria Ahead of US in Europe’s Jet Fuel Market
Dangote Petroleum Refinery has pushed Nigeria into a stronger position in the global aviation fuel market after the country overtook the United States as Europe’s top external jet fuel supplier
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How Dangote’s $46 Billion Refinery Plan Could Link West and East Africa
Aliko Dangote is pushing a bigger African energy ambition as his group moves to build a refining network that could stretch from Nigeria in West Africa to Kenya in East
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