Dangote

In a remarkable achievement for its relatively short existence, Sunbeth Energies has recently forged a partnership with Dangote Refinery, making it one of the few downstream companies in Nigeria to secure such a prestigious collaboration. This milestone not only showcases the company’s credibility but also elevates its standing as a trusted energy distributor in the region. Just under two years in operation, this partnership signals not only immediate gains but also long-term aspirations for growth and sustainability…

Dangote Refinery's Future: A Turning Point for Nigeria By the close of 2025, the Dangote refinery, a titan in Africa’s energy landscape, will pivot entirely to using Nigerian crude oil, as articulated by Devakumar Edwin, the Vice President of Dangote Industries. This journey toward self-sufficiency represents not merely a strategy for the refinery but a potential renaissance for Nigeria's oil sector. This ambitious refinery, boasting a capacity of 650,000 barrels per day, is owned…

Dive into the Dynamics of Fuel Pricing in Nigeria The fuel market in Nigeria is experiencing a fascinating shift, driven by strategic decisions meant to address the rising costs of fuel while fostering competition. This calculated endeavor aims to alleviate the financial strain on consumers and businesses alike. But what does this ultimately mean for Nigeria's economy and its citizens? On Monday, Anthony Chiejina, the Chief Corporate Communications Officer of Dangote Group, shared crucial details regarding recent…

A transformative shift is underway in Nigeria’s downstream logistics, promising to enhance distribution efficiency while significantly reducing transportation costs. This development is more than just a logistical upgrade; it represents a holistic approach towards a more sustainable and economical fuel distribution system within the country. As part of this strategic initiative, the new Compressed Natural Gas (CNG) fleet, which will be operational from August 15, 2025, has been acquired through the Dangote…

Dangote's Vision for Nigeria's Future In a notable move that promises to reshape the Nigerian economy, Aliko Dangote has recently announced plans to list his extensive oil refinery on the stock exchange by the end of 2026. This ambitious initiative is not merely about financial gain; it represents a broader vision—a commitment to catalyzing growth within the country's industrial landscape. The refinery, a monumental installation poised to produce a significant share of Nigeria's oil needs, serves as a beacon of hope for…

Aliko Dangote: A Vision for Transparent Growth In an exciting move that has the potential to reshape the landscape of African commerce, Aliko Dangote, Africa's wealthiest individual, has unveiled plans to list his colossal Nigerian oil refinery on the stock market by the end of 2026. This ambitious strategy aims not only to broaden the investor base but also to address lingering concerns around the monopoly power of his conglomerate. Speaking during the African Export-Import Bank’s annual general meeting in Abuja, Dangote…

Nigerian billionaire Aliko Dangote has embarked on an ambitious journey to transform Africa's agricultural landscape. Recently, he announced plans to significantly expand the $2.5 billion Dangote Fertilizer Plant, a move that aligns with a broader vision to foster industrial transformation across the continent. This initiative is not merely business; it’s a strategic step toward self-sufficiency for African farmers, who have long faced challenges stemming from dependency on imported fertilizers. The forthcoming…

In a notable development for the African continent, Aliko Dangote, the billionaire businessman and founder of the Dangote Group, recently announced plans to expand operations into Namibia. This announcement came shortly after the completion of what is now the world’s largest oil refinery. During a high-profile meeting with President Netumbo Nandi-Ndaitwah in Windhoek, Dangote articulated his fervent vision for Africa's future—one where local entrepreneurs play a pivotal role in the continent's development. The…

Nigeria, despite holding the title of Africa's largest oil producer, finds itself in an ongoing struggle to consistently deliver crude feedstock to its flagship Dangote Petroleum Refinery, which is poised to refine up to 650,000 barrels daily. This disparity has compelled the refinery to look beyond its borders, seeking imports to maintain its operations. Why does this discrepancy exist in a nation rich in natural resources? It’s a question that can foster deeper discussions about the infrastructure, politics, and…

Expanding Horizons: The Impact of Dangote Refinery on Global Fuel Markets The Dangote Refinery is making headlines with its ambitious move to export 90,000 metric tons of gasoline to Asia. This shipment signifies a pivotal moment, as it will be the refinery's first gasoline venture beyond the confines of West Africa. A source familiar with the transaction outlined that the trading firm Mercuria is set to load this significant cargo on June 22, 2023, which will undoubtedly set the stage for a new chapter in the refinery's…