Dangote Refinery’ll Help Nigeria Save $10bn Forex — Ahmed   The Minister for Finance, Budget and National Planning, Mrs Zainab Ahmed, said on Sunday that the refinery being built by Dangote refinery in Lagos would help the country save $10 billion foreign exchange when completed. Ahmed, who...

Dangote Refinery To Begin Full Pipeline Delivery Of Fuel   The oil refinery being built by Dangote Group will deliver its fuel to Nigerian consumers by road and seaports, and will effectively replace all of the country’s fuel imports once fully operational, an executive of the...

Dangote Refinery’s Processing Unit Leaves China A piece of equipment that will process crude oil for Dangote refinery has set sail from China, Sinopec Corporation said on Monday. The 650,000 barrel-per-day refinery being built in Lagos is set to be Africa’s largest, and could transform the...

Dangote Refinery To Reduce Importation Of Fuel In Nigeria, Others The sub-Saharan Africa (SSA) region is expected to be the direct beneficiaries of the 650,000 barrels-per-day Dangote refinery as the project is expected to drastically reduce the countries’ fuel import majorly from Europe with the...

OPEC: Dangote Refinery’ll Reduce Fuel Imports In W/Africa The Organisation of Petroleum Exporting Countries has said the refinery being built by Dangote Group is expected to reduce the need for fuel imports in W/Africa. OPEC, in the current edition of its World Oil Outlook, noted that...

Dangote refinery’ll Improve Nigeria’s Trade Balance By $2bn Annually – IMF   The International Monetary Fund has said the crude oil refinery being built by Dangote Industries Limited will improve the trade balance by $2bn per year after coming on stream. The Washington-based fund noted that Nigeria,...