Afreximbank provides $1.35 billion for Dangote Refinery’s $4 billion refinancing loan
With this landmark deal, we once again demonstrate that Africa’s development can only be meaningfully financed from within.
Tag: Dangote Refinery
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David Bird appointed as new CEO of Dangote Refinery
Bird promoted a strategy centered on trading performance, high plant utilization, and flexible feedstock options.
Marketers warn of supply disruption as Dangote Refinery moves to bypass distribution channels
We are not against the refinery. But the distribution model proposed is unsustainable.
Behind the oily curtain
The new NNPC administration must confront these tough questions about the corporation’s activities and finances
FG sells ₦219.38 billion worth of crude oil to Dangote in four months
This decision is necessary to avoid a mismatch between our sales proceeds and our crude oil purchase obligations, which are currently denominated in US dollars.
Dangote Refinery begins nationwide fuel distribution, deploys 4,000 CNG tankers
The initiative, which includes free logistics support, is expected to improve fuel accessibility and reduce transportation costs for end users.
Otedola praises Dangote Refinery as ‘eighth wonder,’ applauds Tinubu’s leadership
A great leader takes people where they may not want to go, but where they need to be. That is the essence of President Tinubu.
Dangote must face energy security home truths
Nigeria’s mega-refinery is traversing the world in search of crude for the majority of its needs and may well export large swathes of its products
Dangote refinery reduces petrol price to N865 per litre
The new price is a reduction of N15 from N880 per litre sold by the facility on Wednesday
Federal Government’s Naira-for-crude deal continues as Dangote Refinery imports 12.6m barrels
The initiative is going to continue because it is now obvious that the policy has a great impact on not just fuel prices, but also on other economic indices. It also positively impacted the FX rate