•Sanusi and Dangote refinery Emir of Kano, Muhammadu Sanusi II, has urged Nigerians to act responsibly when considering taking part in initial public offerings. He cautioned against selling one’s residential apartment or using their children’s school fees to buy shares, reports Channels TV. Sanusi spoke at the Dangote Petroleum Refinery and Pe...
•Dangote Refinery loading bay The Dangote Petroleum Refinery and Petrochemicals FZE has opened its initial public offering (IPO), giving investors an opportunity to acquire shares in Nigeria’s largest refinery. The ₦2.15 trillion ($1.6 billion) offer, which opened on Monday, September 14, 2026, involves the sale of 4.1 billion ordinary shares ...
•Dangote refinery The Dangote Petroleum Refinery and Petrochemicals FZE will, on September 14, 2026, opened its initial public offering (IPO) for sale. The landmark ₦2.15 trillion ($1.6 billion) deal marks the launch of Nigeria’s largest-ever public share sale, with 4.1 billion ordinary shares priced at ₦525 each, reports Channels TV. The Pres...
•Dangote All is set for the signing ceremony of the Dangote Petroleum and Petrochemicals FZE Initial Public Offering in Lagos. The event will be held at Eko Hotel and Suites, Victoria Island, reports Channels TV. At the ceremony, the private refinery will offer 4.1 billion ordinary shares of $0.000013 each for subscription at ₦525.00 per [&hel...
Petrol prices have increased across Abuja, with independent petroleum marketers attributing the latest adjustment to repeated increases in the gantry price of Premium Motor Spirit (PMS) by the Dangote Refinery. The Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Chief Chinedu Ukadike, said market...
•Dangote Refinery loading bay Dangote Petroleum Refinery & Petrochemicals has expanded its free petroleum product delivery initiative to Kano, Imo, Anambra and Nasarawa states, bringing the number of states covered by the programme to 14 and raising expectations of lower distribution costs and more competitive petrol prices across the coun...
•Dangote and IPMAN logo The Independent Petroleum Marketers Association of Nigeria (IPMAN) says its members have temporarily suspended the loading of Premium Motor Spirit (PMS), also known as petrol, from the Dangote Refinery following the refinery’s halt in petrol loading operations. The development was disclosed by the Western Zone Chairman ...
•Dangote refinery loading bay Dangote Petroleum Refinery has switched payment for the sale of Premium Motor Spirit (PMS), Automotive Gas Oil (AGO), and Aviation Turbine Kerosene (ATK) to U.S. dollar. The new policy, which took effect immediately, applies to both gantry and coastal product sales, reports Daily Trust. Industry sources familiar w...
•Tinubu and Dangote Refinery The federal government is currently in a closed-door meeting with management of the Dangote Refinery and the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), as it pushes for a fair reduction in the price of Premium Motor Spirit (PMS) or petrol nationwide. Our correspondent reported that t...
•Dangote Refinery loading bay The Dangote Petroleum Refinery has emerged as the world’s largest single exporter of aviation fuel in April, thanks to supply disruptions triggered by the conflict in the Middle East, which have significantly boosted exports of refined petroleum products to international markets. According to S&P Global, the d...
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