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Amplifying African Entrepreneurs voices, one story at a time
Amplifying African Entrepreneurs voices, one story at a time
Dangote Petroleum Refinery has announced another reduction in the ex-depot prices of petrol and diesel, a move that could bring much-needed relief to consumers and businesses facing high energy costs across Nigeria. The refinery disclosed on Saturday that it has…
For years, Nigerians queued endlessly for fuel in one of the world’s largest oil-producing countries. Aliko Dangote looked at that contradiction and decided to challenge an industry many considered untouchable. Now, the billionaire entrepreneur is opening up about the realities…
Nigerian billionaire businessman Femi Otedola has revealed plans to invest $100 million in the massive Dangote Group refinery project, a move that further strengthens investor confidence in Nigeria’s fast-evolving energy sector. Otedola disclosed the planned investment on Wednesday after visiting…
Aliko Dangote has revealed that he rejected attempts by NNPC Limited to increase its ownership stake in the massive Dangote Petroleum Refinery, saying the company now wants ordinary Nigerians and global investors to participate when shares are offered publicly. The…
Nigeria’s plan to strengthen local refining has hit another setback after new figures revealed that domestic refineries received less than half of their allocated crude oil in the first quarter of 2026. The development raises fresh concerns over fuel security,…
Nigeria has entered a historic phase in its energy sector as the Dangote Oil Refinery accelerates production and pushes the country into net petrol export status for the first time in decades. The shift marks a major turning point for…
African countries are rapidly shifting their fuel sourcing strategies as the ongoing Middle East conflict disrupts long-standing supply chains. Ghana, South Africa, and Kenya are now looking toward the Dangote refinery in Nigeria to secure petroleum products and stabilize their…
Nigeria’s push for fuel self-sufficiency has gained strong momentum after the Dangote Petroleum Refinery signed a landmark offtake agreement with 12 major marketers to distribute up to 65 million litres of Premium Motor Spirit daily across the country. The deal…
Africa’s richest man, Aliko Dangote, is deepening his footprint on the continent, with Burundi emerging as the latest investment destination for the Dangote Group. The Nigerian industrialist, accompanied by former President Olusegun Obasanjo, recently paid a high-level visit to Burundian…
Dangote Refinery has announced plans to begin local production of surfactants, a key raw material used in detergent manufacturing across Nigeria and West Africa. The development marks another strategic expansion by Africa’s largest refinery as it pushes deeper into industrial…