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Nigeria’s Petrol Imports Fall 30% as Dangote Refinery Expands Supply, but...

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New regulatory figures reveal a major shift towards domestic refining, yet lower petrol deliveries, rising consumption and continued dependence on imports raise questions about...

Atiku Demands Breakdown of NNPC’s ₦11.2 Trillion Receivables

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Former Vice President Atiku Abubakar has demanded a detailed explanation of the N11.2 trillion reported as receivables from the Federation in the Nigerian National...

Dangote’s Kenya Refinery Faces Crude Supply and Funding Hurdles

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Nigerian industrialist Aliko Dangote is moving ahead with plans to build a massive oil refinery on Kenya’s northern coast, but securing enough crude oil...

Dangote Refinery Targets Record $5 Billion IPO

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Dangote Petroleum Refinery is preparing for an initial public offering that could raise about 5 billion dollars, a move that could become the largest...

Dangote Refinery Plans IPO to Give Nigerians Chance to Buy Shares

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LAGOS, Nigeria — Nigerians could soon have the chance to own a piece of one of the country's biggest industrial projects as Dangote Petroleum...

Dangote Eyes Johannesburg Listing After Planned Nigerian IPO

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The Dangote Group is considering a future listing of its multibillion-dollar refinery on the Johannesburg Stock Exchange after completing a planned initial public offering...

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