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Dangote issues safety alert as leaking tankers flood refinery

The management of Dangote Petroleum Refinery has issued a stern warning to petroleum marketers over the growing number of leaking fuel trucks arriving at its loading gantry, calling the trend a serious safety risk to Africa’s largest refinery. In an internal circular seen by Sunday PUNCH on Friday, the refinery said it had recorded a […]

featured Oil and Gas

Dangote denies import duty influenced 5.6% petrol price cut

The Dangote Petroleum Refinery has officially debunked reports suggesting that recent reductions in petrol pump prices were due to the Federal Government’s purported suspension of the 15 per cent import duty on petrol and diesel. The company categorically described the claims circulating in the media as false, misleading, and inconsistent with actual market realities. The […]

Oil and Gas

Dangote, local refineries drive 111% surge in Nigerian petrol supply

Nigeria’s domestic petrol supply experienced a significant surge, increasing by 111 per cent in 2025 to reach a record 3.8 billion litres in the first 10 months of the year, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority. This dramatic increase, driven by the ramp-up of the Dangote Refinery and other local facilities, […]

Dangote refinery investors gain N1.2tn in two days
Oil and Gas

NNPCL plans 20% increase in Dangote Refinery stake

The Nigerian National Petroleum Company Limited on Tuesday disclosed plans to raise its equity stake in the $20 billion Dangote Petroleum Refinery to 20 per cent, as part of efforts to strengthen Nigeria’s domestic refining capacity and consolidate its position in the downstream oil sector. The Group Chief Executive Officer of NNPC, Bayo Ojulari, made […]

Oil and Gas

Dangote Refinery supply now exceeds Nigeria’s demand, says official

The Dangote Petroleum Refinery says the supply of petroleum products has now exceeded Nigeria’s demand. In a statement on Saturday, Anthony Chiejina, the group chief branding and communications officer at Dangote Industries Limited, said daily petrol loading has reached 45 million litres, while diesel stands at 25 million litres. The communications officer reaffirmed the company’s […]

featured Oil and Gas

FG pledges total support for Dangote Refinery’s 1.4m BPD goal

Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, said on Monday that the Federal Government will fully support Dangote Refinery in achieving its 1.4 million barrels-per-day refined products target. Lokpobiri made the pledge during his welcome address at the 19th Africa Downstream Energy Week in Lagos, an event themed “Energy Sustainability: Growth Beyond Boundaries […]

Business featured

Dangote to sell 10% refinery stake on NGX

Chairman of Dangote Petroleum Refinery, Aliko Dangote, has announced plans to sell between five and 10 per cent of the refinery’s shares on the Nigerian Exchange Limited within the next one year. Speaking in an interview with S&P Global, Dangote confirmed that the move would follow the same path taken by other Dangote Group subsidiaries […]

Business

Sacked Dangote Refinery engineers reject allegations of sabotage

Some engineers dismissed by the Dangote Refinery last month have refuted claims that 22 acts of sabotage, including an attempt to set the facility on fire, took place. They insisted the allegations were false, stating their termination was due to joining the Petroleum and Natural Gas Senior Staff Association of Nigeria. Speaking anonymously due to […]

Business

Dangote refinery to offer 5–10% stake on NGX next year

The founder of the Dangote Group, Aliko Dangote, has revealed that the Dangote Petroleum Refinery plans to list between 5 and 10 percent of its shares on the Nigerian Exchange Limited within the next year. In an interview with S&P Global on October 20, Dangote said the plan follows the model used for Dangote Cement […]

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