Nigeria Approved a US$45 Million Rail Link to Its Lagos Ports. Almost Nobody Noticed
Nigeria ports and rail links are the missing piece around the Dangote refinery. A US$45.3 million line to four Lagos...
August 20, 2026Topic
Dangote Refinery
Dangote Refinery IPO in Nigeria Gets US$1 Billion Backing
Advisers say the Dangote Refinery IPO in Nigeria has a US$1 billion underwriting programme: US$600 million funded, US$400 million for...
August 19, 2026
Nigeria Crude Swap Plan Aims to Cut Refiners’ Costs
Nigeria's upstream regulator NUPRC is consulting producers and refiners on a crude swap framework intended to strip haulage costs out...
August 17, 2026
Dangote Refinery IPO Is Aimed at Nigerian Savers, Not London
The Dangote refinery IPO is being pitched as a retail-first Lagos listing, with chief executive David Bird ruling out any...
August 16, 2026
Dangote Refinery IPO Could Raise Up to US$5 Billion
Dangote's refinery IPO could raise up to US$5 billion, Nigeria's largest ever, as funds sell banks and telecoms to raise...
August 3, 2026
Dangote Signs Away a Third of His US$35 Billion Fortune
The Dangote philanthropy pledge commits a third of a US$35.1 billion fortune to his foundation, about US$11.7 billion, after four...
July 30, 2026
Dangote Refinery Slowdown Hits Europe Jet Fuel Supply
Dangote Refinery slowdown slashes gasoline output from 81,000 bpd to 10,000 bpd, cutting 20% of Europe’s jet fuel imports and...
July 23, 2026
Nigeria Mega-Deals Drive Africa Private Capital to $16.1bn in Q1 2026
Africa private capital tripled to a record $16.1 billion in Q1 2026, driven by MTN’s $6.2B IHS Nigeria buy and...
July 19, 2026
Dangote Overtakes the US as Europe’s Top Jet Fuel Supplier
Dangote jet fuel hit 466,000 tonnes shipped to Europe in June, worth $553M—overtaking the US as the region's top external...
July 8, 2026