Dangote Refinery

Dangote announces September date for refinery IPO

Aliko Dangote has announced that the initial public offering (IPO) of Dangote Refinery is...

PenCom waives rule to allow pension fund investment in Dangote Refinery IPO

Nigeria’s pension regulator has granted pension fund administrators special approval to invest in the...

Dangote renews legal battle over fuel import licences

Dangote Petroleum Refinery has filed a fresh lawsuit challenging fuel import licences issued to...

Dangote rejects NNPC bid for bigger stake in refinery

Africa’s richest businessman, Aliko Dangote, says the Nigerian National Petroleum Company Limited sought to...

Dangote targets up to $50bn valuation for refinery IPO

Aliko Dangote is seeking a valuation of up to $50 billion for his flagship...

Nigerian airlines warn of shutdown as jet fuel prices surge

Nigerian airlines have threatened to suspend flight operations from Monday, April 20, if the...

World Bank quietly deletes Nigeria fuel import advice after Dangote backlash

The World Bank has quietly removed a controversial policy recommendation that urged Nigeria to...

As fuel crisis bites harder, government response in Nigeria remains absent

A month after the outbreak of war in Iran, Nigerians are grappling with the...

Two weeks after Iran war fuel shock, Nigeria offers no relief for citizens

Two weeks after war in the Middle East sent global oil markets into turmoil,...

Dangote Refinery cuts petrol price by N100 as global oil prices ease

Dangote Petroleum Refinery has reduced the depot price of petrol by ₦100 per litre...