Dangote Refinery Extends Export to Three African Countries The Dangote refinery has exported Premium Motor Spirit (petrol) to Cameroon, Angola, Ghana, and South Africa in the past few weeks. The Vice President of Oil and Gas, Dangote Industries Limited, Devakumar Edwin, disclosed this while playing host...

Dangote Refinery Forced to Export 97% of Product – Edwin The Dangote Petroleum Refinery says only 3 percent of local oil marketers are purchasing refined petroleum products. Devakumar Edwin, vice-president of Dangote Industries Limited (DIL), spoke during an X space organised by Nairametrics. He said due to...

Again, Dangote Claims Ownership of Obu-Okpella Mines     The Management of Dangote Group on Monday denied the claim by the BUA Group to the mining sites in Obu, Okpella, Edo State, refuting the ownership claim, as the latter said it relied on the Federal High Court...

Dangote To Commence Crude Oil Production In July   The President, Dangote Industries Limited, Aliko Dangote, will begin oil production in July from two assets he acquired from Royal Dutch Shell Plc. Dangote, Africa’s richest man, is working with Chinese and Malaysian contractors and has completed a...

Dangote Refinery’ll Boost Nigerian Crude Oil Sale – Edwin The Group Executive Director, Dangote Industries Limited, Devakumar Edwin, has said the oil refinery being built by the company will provide a ready market for the nation’s crude oil. Edwin was quoted in a statement as saying...

Dangote gets $650m Afreximbank loan for Lekki refinery Africa’s richest man, Aliko Dangote, has signed a $650 million loan facility with the African Export-Import Bank (Afreximbank) for his oil refinery project in Lekki, Nigeria. The seven-year term loan would attract a moratorium of five years, according...