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LN24 > Blog > Dangote IPO
10
Sep

Dangote Refinery Secures 16 Million Barrels of Nigerian Crude for October

  • LN24 / 17 hours
  • 0
  • 3 min read

Nigeria’s Dangote Petroleum Refinery has secured at least 16 million barrels of Nigerian crude oil for delivery in October, reinforcing the facility’s growing role in the country’s oil industry as it continues to increase processing volumes. According to four industry sources cited by Reuters, the October purchases amount to roughly 520,000 barrels per day, representing […]

08
Sep

Dangote Refinery Plans $14.3 Billion Expansion as IPO Documents Are Signed

  • LN24 / 3 days
  • 0
  • 2 min read

Nigeria’s Dangote Petroleum Refinery is planning a $14.3 billion expansion that would double its processing capacity to 1.4 million barrels per day by 2029, as the company moves ahead with an initial public offering (IPO) expected to become Africa’s largest-ever share sale. The expansion was disclosed as Dangote and its advisers signed the IPO documents […]