Oil
Renaissance Capital Raises Dangote Refinery Valuation by 33.4% to ₦700 per Share
CEII brief
Premium Times reported on 19 Oct 2026: Renaissance Capital Raises Dangote Refinery Valuation by 33.4% to ₦700 per Share.
Read the full story on Premium TimesIn a statement issued on Sunday, the investment bank said the upward revision reflects the refinery’s strong earnings performance in the first nine months of 2026.
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 © Premium Times. 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.
