
Nigeria's Dangote oil refinery, one of the world's largest, is operating at full capacity and supplying refined fuels to Europe, according to Moneyweb. Middle East oil-product supplies have dropped sharply since the start of the war, cutting off key diesel and jet fuel shipments to European markets. The Dangote refinery has stepped in to help fill the resulting supply gap, positioning Nigeria as an important alternative source of refined petroleum products for Europe during the disruption.
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Dangote Petroleum Refinery exported 466,000 metric tonnes of jet fuel to Europe in June, valued at N757 billion, according to Punch. This achievement surpasses shipments from the United States, positioning Nigeria as a significant player in the jet fuel market.
Punch·July 6, 2026 at 12:03 AM
Dangote Petroleum Refinery has rejected claims that its petroleum products are exported to Lomé, Togo, and then re-imported into Nigeria, labeling these allegations as false and not aligned with commercial realities, according to Premium Times Business.
Premium Times Business·June 24, 2026 at 6:49 AM
Nigeria spent N952.15bn on fuel imports in the second quarter of 2026, according to Punch, despite the country's growing domestic refining capacity. The spending comes amid an ongoing feud between Dangote Refinery and fuel importers. The figure highlights continued reliance on imported petroleum products even as local refining operations expand, raising questions about the impact of the dispute between Africa's largest refinery and import marketers on the nation's fuel supply and costs.
Punch·September 8, 2026 at 10:48 AM
Filling stations in Nigeria, including MRS, AA Rano, and NIPCO, have decreased petrol prices following a reduction in the ex-depot price by Dangote Refinery to N1,075 per litre. This price cut has provided relief to consumers across the country.
Legit.ng·July 5, 2026 at 12:31 PM
Dangote Refinery may increase petrol prices again as Brent crude oil approaches $100 per barrel, according to Legit.ng. The rising global crude price is reportedly driving up replacement costs for the refinery and adding pressure across Nigeria's downstream petroleum market. The potential price hike would come at a time when fuel costs remain a major concern for Nigerian consumers and businesses. Further details on the timing or scale of any adjustment were not provided in the report.
Legit.ng·September 8, 2026 at 12:32 PM
According to Onyema, Nigerian airlines are increasingly reliant on bank loans due to rising fuel costs. This statement follows the recent announcement by Dangote Petroleum Refinery, which reduced the price of aviation fuel (Jet A1) to N1,450 per litre. The situation underscores the ongoing challenges faced by domestic airlines in Nigeria amid fluctuating fuel prices.
Premium Times Business·June 24, 2026 at 7:05 AM