Recent claims circulating on social media suggest that the Dangote Petroleum Refinery may be heading for a stock market listing between June and July, with a valuation reportedly between $40 billion and $50 billion, and a possible 5%–10% equity offering worth up to $5
Africa’s oil and gas sector is entering a powerful new era in 2026. Despite holding nearly 8% of the world’s proven crude oil reserves, the continent has long struggled with one major challenge: low refining capacity. For decades, many African countries exported crude oil but imported refined petroleum products like petrol, diesel, aviation fuel, and
The Nigerian government has suspended gasoline import licences as part of its ongoing enforcement of the Petroleum Industry Act (PIA). The move is aimed at encouraging local refining and energy independence, reducing reliance on imported fuel, and addressing recurring fuel shortages in the country. Strengthening Domestic Refineries This policy is expected to
Aliko Dangote Today, April 10th, marks the birthday of Aliko Dangote, Africa’s richest man and one of Nigeria’s most influential business icons. Born in 1957 in Kano State, Dangote has not only built an empire from scratch but also proven that with vision, persistence, and discipline, anything is possible. As we celebrate his 68th birthday, […]
Reduction in petrol prices by Dangote Refinery – insightsng This article explores the recent reduction in petrol prices by Dangote Refinery, emphasizing the role of market forces, the importance of local production, and lessons for Nigerians in building sustainable businesses and reducing reliance on imports. The Role of Market Dynamics The recent reduction in the
Dangote’s refined petrol – ARDnig Dangote Refinery has raised concerns over a depot blending substandard fuel, which poses safety risks and undermines local industry. Misleading claims by some marketers about cheaper fuel are debunked, with calls for stricter regulation and public awareness. Alert on Substandard Fuel Blending The Dangote Petroleum
Dangote Refinery Afe Babalola, founder of Afe Babalola University (ABUAD) in Ado-Ekiti, has called on the Federal Government and the Nigerian National Petroleum Company Limited (NNPCL) to allow Dangote Refinery to sell fuel directly to Nigerians at a lower rate. Babalola criticized NNPCL’s monopoly, saying it prevents Nigerians from benefiting from potentially lower fuel
NNPC Ltd. has released new petrol prices from Dangote Refinery, with discounts passed directly to Nigerians. These changes bring affordable fuel, job creation, and long-term economic growth, empowering individuals and businesses to thrive. Introduction to the New Petrol Pricing The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the estimated pump
In preparation for the Dangote Refinery’s scheduled petrol loading – ARDnig The Nigerian government is launching local petrol production through the Dangote Refinery, starting September 15, 2024. This move aims to reduce import dependency, stabilize the Naira, and provide a more reliable fuel supply, benefiting the economy and the citizens. The Start of Local
Ogun State Governor, Dapo Abiodun, has expressed optimism that the Dangote oil refinery will end Nigeria’s long-standing fuel scarcity and strengthen the economy. He highlighted the significant benefits that will arise from the commencement of local fuel production, stating that the country’s reliance on fuel imports will soon be a thing of the past. Fuel […]
















