Dangote Group

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Dangote Group

Dangote Group

@DangoteGroup

Driving Africa’s economic growth through industrial excellence and empowering lives.

Lagos - Nigeria, West Africa Katılım Ağustos 2010
44 Takip Edilen397.9K Takipçiler
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Dangote Group
Dangote Group@DangoteGroup·
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Reuters
Reuters@Reuters·
Nigeria's Dangote refinery has increased gasoline and urea exports to African countries hit by supply disruptions caused by the Iran war. Owner Aliko Dangote says the refinery has shipped around 17 cargoes of gasoline to other African nations reut.rs/4sWpVK7
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Dangote Group
Dangote Group@DangoteGroup·
President/Chief Executive of Dangote Industries Limited, Aliko Dangote, hosted United Nation Deputy Secretary-General, Amina J. Mohammed, and her team at Dangote Fertiliser Limited, Lekki Lagos on Monday, April 6, 2026
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African Export-Import Bank - Afreximbank
In Cairo, Egypt, Afreximbank signed a landmark financing agreement, underwriting US$2.5 billion in a US$4 billion syndicated term loan for @DangoteGroup Petroleum & Petrochemicals. As the largest contributor to the facility, Afreximbank continues to mobilise capital for transformative industrial projects that strengthen Africa’s energy security, reduce import dependence, and expand intra-African trade. With a refining capacity of 650,000 barrels per day, the Dangote Refinery is a strategic asset for the continent, supporting local value addition and positioning Africa as a key supplier of refined petroleum products to regional and global markets. This milestone builds on Afreximbank’s long-standing support for the project and reflects a broader commitment to financing African-led industrialisation at scale. Read more: afreximbank.com/afreximbank-un… #Afreximbank #Industrialisation #EnergySecurity #IntraAfricanTrade #GlobalAfrica
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Dangote Group
Dangote Group@DangoteGroup·
SIGNING CEREMONY Afreximbank, Co-MLA, Underwrites USD 2.5 Billion of the USD 4 Billion Syndicated Term Loan Facility for Dangote Petroleum Refinery and Petrochemicals FZE @afreximbank
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Al Jazeera English
Al Jazeera English@AJEnglish·
The US-Israeli war on Iran is disrupting fuel supplies to Africa, pushing countries like Ghana, South Africa and Kenya to seek relief from Nigeria’s huge Dangote Refinery, but one plant may not meet soaring demand. Al Jazeera’s Ahmed Idris reports from Lekki in Nigeria.
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Dangote Group
Dangote Group@DangoteGroup·
Education Empowerment in Action 📚 Dangote Petroleum Refinery and Dangote Fertiliser, supported by Aliko Dangote Foundation, donate ₦241m worth of school materials to students across primary, secondary and tertiary institutions in Ibeju-Lekki, Lagos
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Ngozi Okonjo-Iweala
Ngozi Okonjo-Iweala@NOIweala·
Joining a thousand staff of @DangoteGroup and the Dangote Women’s Network for their International Women’s Day celebration with the theme “Rise to Gain”. With opening remarks by Alhaji Aliko Dangote and Nglan Niat, Group HR Chief; great moderation by Hajiya Halima Dangote, Group ED; and closing remarks by Zouera Youssoufou, MD and CEO of the @AlikoDangoteFdn, and Hajiya Fatima Dangote, Group ED Commercial Operations. Great discussion on institutionalizing approaches that can help improve gender equality and help women rise. It was lovely to see Dangote women featured below, dressed like me. Thank you so much, I had fun!
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Dangote Group
Dangote Group@DangoteGroup·
8 key talking points from a Media Chat with the Managing Director/CEO, Dangote Petroleum Refinery, David Bird Dangote Refinery will continue to meet Nigeria’s fuel demand despite global supply disruptions and market volatility. Domestic refining gives Nigeria supply security, ensuring the country avoids fuel shortages and queues even when global markets are disrupted. Even under the crude-for-naira arrangement, Nigerian crude is purchased at international benchmark prices, meaning the refinery does not receive discounted crude. Import dependent countries are worst hit as the global oil crisis escalate. Global oil markets are experiencing extreme volatility, with crude prices rising from the mid-$60 range to nearly $120 per barrel within a week. The refinery is fully exposed to international commodity markets, including crude oil prices, freight rates, insurance, and financing costs. Freight costs have surged dramatically, with tanker costs rising from about $800,000 to roughly $3.5 million per shipment in the current market environment. Dangote Refinery operates at its full nameplate capacity of about 650,000 barrels per day, with potential to increase production to around 700,000 barrels per day.
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Dangote Group
Dangote Group@DangoteGroup·
Dangote Refinery Reaffirms Commitment to National Energy Stability Amid Global Market Volatility Dangote Petroleum Refinery & Petrochemicals reassures Nigerians of its unwavering commitment to serving as a stabilising force amid recent shocks in the international oil market. The conflict in the Middle East has led to the shutdown of some refineries and cut in refinery production across the world. This is leading to a global scarcity of petroleum products. China has banned export of gasoline and diesel. The Dangote Refinery will ensure that Nigeria is insulated from these supply shocks by prioritising supply to the domestic market. This is one of the many benefits of domestic refining The conflict has driven global crude and freight prices sharply higher, with benchmark Brent prices rising by about 26% within a short period to above $84.0 per barrel. In response, the refinery implemented a measured adjustment of N100 per litre in its ex-depot price of Premium Motor Spirit, representing an increase of about 12%. The refinery has absorbed 20% of the cost escalation, for now, to cushion the domestic market. This is despite continuing to source crude at prevailing international market prices, whether purchased locally or from foreign suppliers. It is worth noting that Nigerian crude oil is more expensive than the Brent benchmark price by $3 to $6 per barrel. After adding freight of $3.50 per barrel, crude oil will be landing in our tanks between $88 and $91 per barrel. For context, crude oil was landing our tanks at about $68 per barrel when our ex-depot price was N774/litre. Furthermore, while we receive about five cargoes a month from NNPC which we pay for in Naira, these cargoes are priced at international market prices + Premium and fall short of the 13 cargoes which we require to support sales into Nigeria. We therefore, end up procuring foreign exchange at open market rates to pay for crude cargoes purchased from local and international traders. The high crude cost is compounded by the fact that Nigeria upstream producers have failed to supply crude oil to the refinery as required under the PIA, forcing us to source a substantial portion through international traders who charge an additional premium. As a private enterprise operating in a deregulated environment, Dangote Petroleum Refinery has remained responsive and has made significant sacrifices by aligning pricing with market realities to ensure sustainability, particularly as it sources all its crude at prevailing international market prices, whether locally or from foreign suppliers. Selling below cost would undermine its ability to procure crude, sustain production and guarantee uninterrupted supply to Nigerians. Despite these pressures, local refining at this scale continues to reduce exposure to international supply disruptions, moderate foreign exchange demand and protect the country from severe shortages during periods of global instability. The refinery is also accelerating deployment of Compressed Natural Gas-powered trucks to cushion the impact of global shocks, enhance nationwide distribution efficiency, reduce logistics costs and improve delivery timelines across the downstream sector. The rollout is scheduled to commence this month. We remain committed to transparency, operational excellence and the long-term objective of securing sustainable energy security and stability for Nigeria at an affordable cost.
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Dangote Group
Dangote Group@DangoteGroup·
At Dangote Industries Limited, fitness is more than a routine — it’s part of our culture. By embracing healthier lifestyles, we nurture teamwork, positivity, and long-term well-being across our workforce. And that is why February was dedicated to improved health with our #FitFeb 2026 campaign.
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Dangote Group
Dangote Group@DangoteGroup·
Frame 1: From left: President/CE, Dangote Industries Limited, Aliko Dangote; Chairman, Sinoma International Engineering, Lin Zhong Sinoma (Nanjing); at the MOU signing between Dangote Cement Plc and Sinoma International Engineering on Strategic Framework Agreement for the execution of twelve (12) new construction and expansion projects across the Group, in Lagos on Friday, February 2026. Frame 2: From left: Group Managing Director/CEO, Dangote Cement Plc, Arvind Pathak; Vice President, Dangote Industries Limited, Olakunle Alake; Chairman, Dangote Cement Plc, Emmanuel Ikazoboh; President/CE, Dangote Industries Limited, Aliko Dangote; Chairman, Sinoma International Engineering, Lin Zhong Sinoma (Nanjing); EVP, Sinoma International Engineering Zhang Jian Sinoma (Nanjing); CEO, Sinoma International Engineering, Xia yi Sinoma (Suzhou) at the MOU signing between Dangote Cement Plc and Sinoma International Engineering on Strategic Framework Agreement for the execution of twelve (12) new construction and expansion projects across the Group, in Lagos on Friday, February 2026. Frame 3: From left: Chairman, Dangote Cement Plc, Emmanuel Ikazoboh; Group Managing Director/CEO, Dangote Cement Plc, Arvind Pathak; President/CE, Dangote Industries Limited, Aliko Dangote; Chairman, Sinoma International Engineering, Lin Zhong Sinoma (Nanjing); at the MOU signing between Dangote Cement Plc and Sinoma International Engineering on Strategic Framework Agreement for the execution of twelve (12) new construction and expansion projects across the Group, in Lagos on Friday, February 2026.
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Dangote Group
Dangote Group@DangoteGroup·
From left: Managing Director/CE, Total Energies EP Nigeria, Matthieu Bouyer; Managing Director, Total Energies Marketing Nigeria; Wilfred Konde; President Exploration and Production, Total Energies; Nicolas Terraz; President/Chief Executive, Dangote Industries Limited, Aliko Dangote; Group Executive Director, Oil & Gas, Dangote Industries Limited, Fatima Aliko Dangote; President, Downstream, Marketing and Services, Total Energies, Bernard Pinatel; Senior Vice President Africa, Total Energies Marketing Services, Jean-Philippe Torres, during Total Energies top Executives visit to Dangote Industries Head Office, in Lagos on Friday, February 27, 2026.
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