Tag: Dangote Refinery

Dangote Crude Supply Crisis Deepens Despite Oil Production Rise

The Dangote Petroleum Refinery is grappling with a deepening domestic crude supply crisis despite Nigeria recording its highest…

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Fuel Supply Anxiety Grows in Nigeria’s Downstream Sector

LAGOS — Fresh anxieties are spreading across Nigeria's downstream petroleum sector. Marketers, depot owners, and logistics operators are…

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Dangote Shuts Two Companies, Blames Fuel Subsidy Mafia

LAGOS — Africa's richest man, Aliko Dangote, has shut down two of his companies and pointed to what…

S&P Upgrades Nigeria Credit Rating First Time in 14 Years

LAGOS — S&P Global Ratings has upgraded Nigeria's long-term sovereign credit rating from B-minus to B. The rating…

Dangote Refinery Cuts Nigeria’s Crude Imports Sharply

LAGOS, May 14, 2026 — Nigeria's crude imports have dropped sharply as the Dangote Petroleum Refinery and other…

Dangote Refinery Offers Coastal Loading to Marketers, Warns of N75/Litre Cost

In a strategic shift to dismantle Nigeria’s dependence on imported fuel, the Dangote Petroleum Refinery has formally offered…

Dangote Refinery’s Direct Sales Plan Sparks Oil Marketers’ Fury

Association Warns of Mass Layoffs, Economic Fallout Nigeria’s fuel distribution sector is bracing for turmoil as the Natural…