Discover why Nigerian airlines may not get cheaper jet fuel despite local production, including the effects of global oil prices, exchange rates, distribution costs and market competition.
Tag: Dangote Refinery
Dangote Refinery Targets 1.4 Million Barrels Per Day Capacity by Early 2029!
Dangote Refinery targets 1.4 million barrels per day by early 2029 under a $14.3 billion expansion plan, with implications for Nigeria’s fuel supply and exports.
Dangote Says Africa Could Largely End Fuel Imports by 2030 as $16bn Kenya Refinery Moves Forward!
Aliko Dangote says Africa could largely reduce fuel imports by 2030 as his $16bn, 700,000-barrel-per-day refinery project in Kenya moves toward construction.
Kenyan Court Orders Status Quo on Dangote Lamu Refinery Land as 133 Residents Challenge Project!
A Kenyan court has ordered the status quo on disputed Lamu land linked to Dangote’s proposed 700,000-barrel-per-day refinery while 133 residents challenge the project over land rights.
Ruto Fast-Tracks Lamu Refinery as Dangote Says Kenya Project Will Be Bigger Than Lagos Plant!
President William Ruto is fast-tracking Kenya’s proposed Dangote refinery in Lamu as Aliko Dangote says the facility will be bigger than the Lagos refinery.
Oil Marketers Cut Petrol Prices to N1,350/Litre as Depot Rates Decline!
Oil marketers have reduced petrol prices to around N1,350 per litre in parts of Nigeria as depot rates fall following a decline in international crude oil prices.
Ruto to Visit Dangote Refinery in Lagos Ahead of Lamu Refinery Groundbreaking!
Kenyan President William Ruto is expected to visit Dangote’s Lagos refinery ahead of the September 30 groundbreaking of a proposed 700,000-barrel-per-day refinery in Lamu.
Motorists, Commuters Decry Delay in Petrol Price Cut After Dangote Reduction!
Motorists and commuters in Abuja are demanding faster relief after Dangote Refinery reduced its petrol price by ₦25 per litre amid continuing pressure from high fuel and transport costs.
Dangote Refinery Shares Could Rise Significantly as IPO Opens at ₦525, Dangote Targets Mass Ownership!
Dangote Refinery’s IPO is priced at ₦525 per share, with a ₦5,250 minimum subscription. Here is what investors should know about the IPO, expansion plans and possible future value.