Dangote Petroleum Refinery and Petrochemicals has launched an initial public offering, opening ownership stakes to Nigerian investors. The company is offering 4.1 billion ordinary shares at N525 ea…
Dangote Refinery officially initiated its Initial Public Offering signing ceremony in Lagos, confirming the minimum subscription threshold of $1.6 billion for the nation’s largest industrial asset.…
The Dangote Petroleum Refinery has announced another reduction in petrol prices, impacting consumers and industries across Nigeria. This latest adjustment, made public by Vanguard News, aims to rel…
Oil markets worldwide have crashed to levels not seen since before the Ukraine conflict began, yet Nigerian motorists continue filling up at pumps charging more than N1,000 per litre. Dangote Refin…
At least five people were killed in Warri, Delta State, on Thursday when rival cult groups clashed in the city's Otu Jeremi area, according to residents and local officials. The violence erupted la…
The much-anticipated Dangote Refinery officially began operations in Lekki, Lagos, on January 24, 2023. This facility, representing an investment of $19 billion, is set to transform …
The inauguration of Dangote's $19 billion refinery in Lagos has placed East Africa's oil market on …
Investors across Nigeria are aggressively shifting capital into the money market, creating a liquidity surge that signals high anticipation for the upcoming Dangote Refinery Initial Public Offer. T…
Aliko Dangote has launched a decisive campaign to transform Africa’s agricultural landscape, targeting the continent’s heavy reliance on imported fertiliser. The industrialist’s latest strategic mo…
Major jetty operators and tank farm owners in Nigeria have formally rejected the proposed legal action by the Downstream Petroleum Market Monitoring Agency against Dangote Refinery. This opposition…
Aliko Dangote has officially placed his industrial empire on the London Stock Exchange, a strategic move designed to challenge the long-standing valuation gap known as the Nigeria discount. This li…
President Bola Tinubu has declared that the removal of the petrol subsidy is not an isolated event but the first step in a broader economic overhaul. He emphasized that the sacrifice made by the av…
