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Dangote Refinery Locks In 16 Million Barrels of Nigerian Crude Ahead of Record IPO

Dangote Refinery Locks In 16 Million Barrels of Nigerian Crude Ahead of Record IPO

Dangote Refinery Locks In 16 Million Barrels of Nigerian Crude Ahead of Record IPO Dangote Petroleum Refinery has secured at least 16 million barrels of Nigerian crude oil for delivery in October, according to four industry sources, a volume that underscores just how dependent Africa’s largest refinery has become on domestic feedstock as it ramps … Read more

Dangote Refinery IPO at ₦525: Is It Really Cheap? What Investors Need to Know About the ₦65 Trillion Valuation, Profits, Debt and $14 Billion Expansion

Dangote Refinery IPO at ₦525: Is It Really Cheap? What Investors Need to Know About the ₦65 Trillion Valuation, Profits, Debt and $14 Billion Expansion

₦525 for a ₦65 Trillion Company: What Dangote Refinery Has to Earn Before Today’s Buyers Get Paid The largest share sale in African history opened this morning. The interesting question is not whether Dangote Refinery is an extraordinary industrial asset. It plainly is. The question is what price an extraordinary asset is worth, and what … Read more