Dangote vs Importers: Why Petrol Is Still Above ₦1,000
Petrol prices in Nigeria may remain above ₦1,000 per litre for now, despite the recent fall in global crude oil prices. Crude oil prices have dropped to around $70 per
Read More
Business Elites Africa
The African Voice for Everything Business
Tag: Dangote refinery
Dangote Refinery Imports First UAE Crude Cargoes as Local Supply Falls Short
Dangote Refinery has purchased its first UAE crude cargoes, signalling a wider supply shift as local crude availability challenges continue to affect Nigeria’s refining ambitions.
Read More
Dangote Refinery Denies Fuel Export and Re-Import Allegations
Dangote Refinery has dismissed allegations that its fuel exports to Lomé are re-imported into Nigeria, insisting the claims lack evidence and economic logic.
Read More
Aliko Dangote Says Forbes Undervalues Him, Claims Refinery Alone Is Worth Over $40 Billion
Aliko Dangote has pushed back against how Forbes values his fortune, saying his oil refinery alone is worth more than $40 billion before his other assets are counted. He made
Read More
Nigeria’s Petrol Imports Surge 59.5% in May Despite Strong Domestic Refining
Nigeria’s petrol import volumes rose sharply in May 2026, increasing by 59.5 percent compared to April. This happened even though domestic refineries recorded one of their strongest performances in recent
Read More