After $20 Billion Refinery, Dangote Gets FG’s Approval for
WEB3 days ago · According to reports, Dangote Industries Limited secured $105 million in a Central Bank of Nigeria FX auction to boost its financial operations. Also, the conglomerate is exploring the sale of 12.5% of its refinery to raise liquidity for smoother operations.
Dangote's 'Monster' Refinery Fuels Fight Over Gasoline Subsidies
WEB4 days ago · The start of gasoline production at Nigerian billionaire Aliko Dangote’s mega oil refinery earlier this month finally spurred Africa’s top crude producer to move toward ending a fuel subsidy...
Nigeria’s Dangote refinery embroiled in billionaire’s feud with …
WEBJul 30, 2024 · The normally taciturn Dangote has spent the past few weeks briefing the press on developments at his 650,000 barrel a day refinery after an industry regulator accused him of being a monopolist,...
Africa’s richest man launches $20 billion refinery to revive ... - CNN
WEBMay 23, 2023 · Worth $20 billion the giant refinery built by the Dangote Group, which is owned by Africa’s richest man Aliko Dangote, aims to produce up to 53 million liters of gasoline per day, as well as 4...
Africa’s biggest oil refinery begins ... - Associated Press News
WEBJan 15, 2024 · Africa’s biggest oil refinery has begun production in Nigeria after a yearslong wait. The $19 billion Dangote Petroleum Refinery facility has a capacity to produce 650,000 barrels a day and has started to produce diesel and …
Africa’s richest man under pressure as giant refinery nears …
WEBNov 25, 2023 · Dangote, 66, said he believed the refinery could reach its capacity of 650,000 barrels a day by the end of 2024, although the IMF has said it doubts it will reach more than a third of that by...
Nigeria’s Dangote oil refinery closer to production after years of …
WEBDec 8, 2023 · Nigeria’s Dangote refinery, one of the largest in the world, has edged closer to production after it received its first batch of crude from Shell’s oil trading arm. It marks a key moment for...
Exclusive: Nigeria brings major Dangote refinery to life with own …
WEBBRUSSELS/LONDON, Nov 2 (Reuters) - Nigeria's state oil firm NNPC Ltd will supply the new 650,000 barrel-per-day Dangote oil refinery with up to six cargoes of crude oil in December to be used...
Exclusive: Nigeria's new Dangote refinery to export first fuel …
WEBFeb 14, 2024 · Nigeria's Dangote oil refinery has issued tenders to sell two fuel cargoes for export, the first from the newly commissioned refinery, a tender document showed and trading sources with...
Dangote oil refinery launched in Nigeria - BBC
WEBMay 22, 2023 · Africa's biggest oil refinery has been opened in Nigeria, where it is hoped it will alleviate chronic fuel shortages.