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Dangote Is Doubling Giant Oil Refinery and Plotting Trading Push

Dangote Is Doubling Giant Oil Refinery and Plotting Trading Push
Bloomberg Markets Thursday 04 June 2026, 15:33 UTC By Jack Wittels 1 min read
Key Points

A surge tank at the Dangote Industries Ltd. oil refinery and fertilizer plant site in the Ibeju Lekki district of Lagos, Nigeria, on Monday, May 22, 2023. Aliko Dangote, Africa’s richest person, announced the opening of a mega refinery in Nigeria — seven years late — to a backdrop of skepticism about how fast it will really be able to ramp up.

A surge tank at the Dangote Industries Ltd. oil refinery and fertilizer plant site in the Ibeju Lekki district of Lagos, Nigeria, on Monday, May 22, 2023. Aliko Dangote, Africa’s richest person, announced the opening of a mega refinery in Nigeria — seven years late — to a backdrop of skepticism about how fast it will really be able to ramp up.
the Dangote Industries Ltd. (ORG) Ibeju Lekki (LOCATION) Lagos (LOCATION) Nigeria (LOCATION) Aliko Dangote (PERSON) Africa (LOCATION)
Originally published by Bloomberg Markets Read original →

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