Oil
Dangote Refinery’s 9-month profit hits $4.73 billion as revenue surges 144.47%
CEII brief
Nairametrics reported on 13 Oct 2026: Dangote Refinery’s 9-month profit hits $4.73 billion as revenue surges 144.47%.
Read the full story on NairametricsDangote Petroleum Refinery and Petrochemicals FZE has released its financial results for the nine months ended September 30, 2026, reporting a net profit of $4.73 billion, compared with a net loss of $117.2 million recorded in the corresponding period of 2025.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Original reporting © Nairametrics. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
