Nigeria’s Dangote oil refinery swings to net profit ahead of IPO

MyJoyOnline · 2026-10-14T01:22:00.000Z · World

Nigeria's Dangote Petroleum Refinery, which is seeking to raise $1.6 billion in what would be Africa's biggest IPO, swung to a net profit in the first nine months of 2026 as ​revenue more than doubled, according to unaudited results released on Tuesday.

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