Dangote Refinery News

Oil Prices Drop to Pre-War Lows — Why Nigerian Fuel Still Costs Above N1,000

Global crude oil prices have collapsed to levels last seen before Russia's full-scale invasion of Ukraine in 2022. Yet Nigerian consumers continue paying above N1,000 per litre at the pump, leaving…

Jun 29, 2026

economy-business

Dangote Launches $19 Billion Refinery, Igniting East African Fuel Rivalry

Aliko Dangote's $19 billion oil refinery in Lagos officially opened its doors on Saturday, marking a historic moment for …

May 31, 2026

politics-governance

Dangote Refinery Triggers Wall Street Gold Rush for Africa

Dangote Refinery has officially positioned itself as Africa's most valuable public company, triggering a massive surge in investor interest from New York to Lagos. The listing on the London Stock E…

May 30, 2026

About #dangote refinery

The Dangote Refinery, located in Nigeria, is Africa's largest oil refinery, with a capacity to process 650,000 barrels per day, aiming to reduce the continent's reliance on imported refined petroleum products. It is a significant project by the Dangote Group, expected to boost Nigeria's economy and create thousands of jobs.