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Dangote Refinery swings to N2.55trn profit in six months

Dangote Refinery swings to N2.55trn profit in six months

By GhanaSummary NewsroomNigeria

Dangote Petroleum Refinery said it has a current crude distillation capacity of 700,000 barrels per day, with an expansion pathway to 1.82 billion) in the first half of 2026, marking a sharp turnaround in the financial performance of the 700,000 barrels-per-day facility.” Built at an estimated cost of $20 billion, the Dangote Refinery began operations in 2024 and has since emerged as a major supplier of refined petroleum products to Nigeria and international markets.

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