Dangote Refinery

Dangote refinery expansion, price cuts, $5B IPO

46 clusters · 179 sources · last updated 1 day ago

Latest: Nigeria: PXES investment platform collapses and Dangote fuel prices rise

Since commissioning, Dangote Petroleum Refinery has reshaped Nigeria’s energy landscape, supplying approximately 80% of domestic petrol demand. The company is advancing a $5 billion initial public offering (IPO) targeted

Nigeria fiscal reforms drive revenue surge and subsidy debt

36 clusters · 85 sources · last updated 2 days ago

Latest: Nigeria fuel subsidy debate impacts Dangote Refinery and economy

Fiscal reforms continue to drive Nigeria’s revenue growth. In the first half of 2026, the Nigeria Revenue Service (NRS) recorded N21.6 trillion in revenue, a 49% increase year-on-year. By July 2026, tax revenues had rise

Nigeria advances oil and gas targets through production

17 clusters · 78 sources · last updated 3 days ago

Latest: Nigeria oil revenue projected to plunge 60% from 2030

Nigeria is pursuing ambitious energy targets, aiming for 3 million barrels of crude oil per day and 12 billion cubic feet of gas output daily by 2030, with a long-term goal of 4 million barrels per day. To drive this, th

Nigeria borrowing surge and Dangote refinery export growth

36 clusters · 97 sources · last updated 5 days ago

Latest: Dangote refinery boosts fuel exports to Europe

In the first half of 2026, Nigeria’s Debt Management Office accelerated domestic bond issuance, selling N5.08 trn of bonds—a 78% rise year-on-year—and drawing N9.04 trn in subscriptions. A record N1.20 trn auction on 20

Nigeria Naira exchange rate dynamics

14 clusters · 37 sources · last updated 10 days ago

Latest: Nigeria external reserves reach 18-year high of $54 billion

By early September 2026, the naira showed signs of strengthening in the official Nigerian Foreign Exchange Market (NFEM), reaching approximately ₦1,329 per US dollar. This represents its strongest level against the dolla

Nigeria LPG market supply and price volatility

3 clusters · 7 sources · last updated 11 days ago

Latest: Nigeria cooking gas supply hits 13-month high amid rising costs

Cooking gas prices in Nigeria initially saw a significant decline, dropping approximately 39 percent from June highs to around N1,400 per kilogram in cities like Lagos and Enugu. This trend was driven by a massive increa

West African fuel price hikes and regulatory shifts

11 clusters · 63 sources · last updated 11 days ago

Latest: Ghana fuel prices see mixed movement amid global supply concerns

In mid-August 2026, the National Petroleum Authority (NPA) in Ghana lowered price floors for petrol and LPG, though diesel prices saw an increase. While the petrol benchmark fell by 4.2%, actual pump prices remain subjec

US-Iran conflict enters seventh month amid maritime tension

1706 clusters · 3649 sources · last updated 11 days ago

Latest: Oil prices surge toward $100 amid US-Iran tensions

The military conflict between the US, Israel, and Iran has entered its seventh month, characterized by a stalemate involving ‘Operation Economic Outcast,’ a blockade designed to isolate Iran from global trade. While the

Nigeria oil output up, import tensions and refinery shifts

34 clusters · 122 sources · last updated 14 days ago

Latest: Dangote Refinery drives 43.94% growth in Nigeria's oil refining sector

Oil output continued to rise through 2026, with OPEC data showing 1.38 mbpd in March and reaching approximately 1.70 mbpd by May-June, exceeding the 1.5 mbpd OPEC quota. Production gains were supported by improved pipeli

Nigeria fuel market regulation

4 clusters · 11 sources · last updated 17 days ago

Latest: Nigeria's NMDPRA chief warns regulatory uncertainty threatens oil investment

In late July 2026, Nigeria’s Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) announced plans to develop an African reference price benchmark for crude oil and refined fuels. The authority argued that a r