Dangote Refinery Boosts Nigeria
4 articles from 1 country
Nigeria's Dangote Refinery is increasing its purchase of Nigerian crude oil amid global market disruptions. The refinery's increased output has also significantly cut West Africa's fuel import volumes.
NGX Prepares for Dangote Refinery IPO, Doubles Efforts to Midwife African Exchanges Linkage Project
- The Nigerian Exchange Group (NGX Group) is preparing for the Initial Public Offering (IPO) of Dangote Refinery, reportedly offering three billion ordinary shares. - Investor demand for the IPO has already exceeded $2 billion, with a minimum subscription of one million shares at $0.35 each. - NGX Group is also intensifying efforts to facilitate the African Exchanges Linkage Project and exploring …
Dangote refinery cuts West Africa fuel import volumes
- West Africa's imports of refined petroleum products have significantly decreased by 23% in May, largely due to increased output from Nigeria's Dangote Refinery. - The Dangote Refinery, with a capaci…
Dangote refinery boosts Nigerian crude purchases amid global oil market disruptions
- Dangote refinery is increasing its purchase of Nigerian crude oil due to disruptions in global oil markets caused by the Iran war. - This shift supports Nigerian crude grades and reinforces the coun…
NGX Prepares for Dangote Refinery IPO, Eyes Dual Listing
- Nigerian Exchange Group (NGX) is preparing for the Initial Public Offering (IPO) of Dangote Refinery, which aims to offer three billion ordinary shares. - The refinery's IPO is considered a continen…