The operational ramp up of the 650,000 barrels per day Dangote Petroleum Refinery & Petrochemicals is fundamentally reshaping Nigeria’s downstream oil sector, significantly reducing the country’s dependence on imported refined petroleum products and strengthening its external position, according to the Economist Intelligence Unit (EIU). In its latest assessment on…
… South African investors eye investment opportunities President/Chief Executive, Dangote Group, Aliko Dangote, has said the planned listing of the Dangote Petroleum Refinery & Petrochemicals on the Nigerian Exchange is designed to democratise wealth creation and give Africans direct access to participate in the continent’s industrial transformation. Dangote…
Petrol prices in Nigeria may come under renewed pressure following a sharp rise in global crude oil prices, which has driven up the cost of refined petroleum products across international markets. The surge in prices is linked to escalating geopolitical tensions and major supply disruptions that have pushed the global…



