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Dangote Refinery Raises $2.5bn in Africa’s Largest Private Equity Placement
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Dangote Refinery Raises $2.5bn in Africa’s Largest Private Equity Placement

July 23, 2026080
Dangote Refinery Raises $2.5bn in Africa’s Largest Private Equity Placement

Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has completed a landmark private equity placement, raising approximately $2.5 billion in fres

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BusinessEconomyEnergyIndustryInvestmentNews

IPMAN Urges FG to Review Fuel Import Licences, Backs Local Refining to Reduce Petrol Prices

July 20, 2026079
IPMAN Urges FG to Review Fuel Import Licences, Backs Local Refining to Reduce Petrol Prices

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Federal Government to review and, where necessary, withdraw recen

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Nigerians Yet to Enjoy Cheaper Fares Under CNG Despite Lower Cost, Official Says

July 7, 2026089
Nigerians Yet to Enjoy Cheaper Fares Under CNG Despite Lower Cost, Official Says

By Prosper Okoye. Commercial drivers using Compressed Natural Gas are yet to pass on cheaper fares to passengers despite buying the product at a lo

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Dangote Refinery Slashes Petrol Price Again, Hints at More Reductions

July 3, 20260131
Dangote Refinery Slashes Petrol Price Again, Hints at More Reductions

The Dangote Petroleum Refinery has announced another reduction in the ex-depot price of Premium Motor Spirit (PMS), cutting the price by N50 per litre

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Fidelity Bank Trains Exporters to Harness AfCFTA Opportunities

June 25, 20260120
Fidelity Bank Trains Exporters to Harness AfCFTA Opportunities

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Dangote Refinery Dismisses Claims of PMS Export and Re-importation

June 24, 20260108
Dangote Refinery Dismisses Claims of PMS Export and Re-importation

Dangote Petroleum Refinery and Petrochemicals has dismissed allegations that its petroleum products are exported to Lomé, Togo, and subsequently re-im

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NLNG Managing Director Visits Rep. Cyril Hart in Abuja

June 18, 20260141
NLNG Managing Director Visits Rep. Cyril Hart in Abuja

The Managing Director of Nigeria LNG Limited (NLNG), Adeleye Falade, on Tuesday led a delegation from the company on a courtesy visit to Hon. Cyril Go

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Dangote Refinery Hosts FUTO Students on Educational Tour to Inspire Future Engineers

June 18, 20260117
Dangote Refinery Hosts FUTO Students on Educational Tour to Inspire Future Engineers

The Dangote Petroleum Refinery and Petrochemicals has hosted a delegation of outstanding students from the Federal University of Technology, Owerri (F

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Standard Bank Backs Dangote Refinery IPO, Pledges Support for Expansion Projects

June 12, 20260221
Standard Bank Backs Dangote Refinery IPO, Pledges Support for Expansion Projects

Africa’s largest financial institution, Standard Bank Group, has reaffirmed its commitment to supporting the growth of Dangote Industries Limited, ple

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Dangote Refinery Exceeds Nameplate Capacity, Hits 700,000 Barrels Per Day

June 5, 20260122
Dangote Refinery Exceeds Nameplate Capacity, Hits 700,000 Barrels Per Day

Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd), surpassing its insta

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