Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Nigeria’s NNPC to increase stake in Dangote Refinery to 20% to boost refining and reduce fuel imports.

flag Nigeria’s NNPC plans to raise its stake in the Dangote Petroleum Refinery to 20% from 7.2%, reversing a prior reduction, as part of efforts to boost domestic refining capacity and energy security. flag The move, announced by CEO Bayo Ojulari at ADIPEC 2025, supports Nigeria’s goal of reducing fuel imports. flag The Dangote Refinery, now operating at expanded capacity, plans to list 5% to 10% of shares on the Nigerian Exchange. flag NNPC is also seeking technical partners for three idle refineries and preparing for a mandated IPO under the Petroleum Industry Act, with monthly performance reports now published.

14 Articles