Topics
Startups & funding AI & Automation Policies & regulations Crypto & Web3 Energy & Technology Career & Workplace Business & Economy
Filters
1158
456
234
167
156
78
43
38
37
35
33
28
28
26
23
22
21
19
19
16
16
16
16
12
11
11
11
11
11
10
10
9
8
7
7
6
6
6
6
5
5
5
5
5
4
4
4
4
3
3
3
3
3
3
3
3
3
3
3
3
3
2
2
2
2
2
2
2
2
2
2
2
2
2
2
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
0
0
0
0
602
575
395
391
315
304
189
128
127
125
122
120
97
82
77
69
57
48
10
1
1
1
Article

Dangote Refinery reports N19.13 trillion revenue and $1.82 billion profit in H1 2026 ahead of its upcoming IPO.

Business Post Sep 9, 2026
Read the original Article page

TL;DR

Dangote Petroleum Refinery's revenue grew by 121.4% to N19.13 trillion in H1 2026, up from N8.64 trillion in H1 2025.

The refinery turned a profit after tax of $1.82 billion (~N2.5 trillion) in H1 2026, reversing a $476 million loss from the full year of 2025.

Intelligence

The company plans to launch a N2.26 trillion initial public offering (IPO) on the Nigerian Exchange Limited (NGX) on September 14 at N525 per share.

Dangote Refinery's massive profitability shift and upcoming N2.26 trillion IPO will serve as a major liquidity test for the Nigerian Exchange Limited (NGX).

For local institutional investors and high-net-worth individuals, the September 14 listing offers a rare local play on a regional energy monopoly.

Looking further ahead, the company's planned $14.3 billion expansion to reach 1.4 million barrels per day by 2029 signals a long-term strategy to completely dominate fuel supplies across West Africa.

Funding extracted from this article

1
Dangote Petroleum Refinery Ipo · N2.26 trillion

Regulatory activity extracted

0

No regulatory actions were extracted from this article.

Tenders extracted

0

No tenders were extracted from this article.

Further reading

More on the companies named in this article.

Companies named

2

People named

1

Elsewhere on these companies

Other recorded activity involving the same companies.