Dangote Refinery records US$1.82bn profit as European Fuel demand rises
Dangote Refinery posts US$1.82bn H1 2026 profit as jet fuel exports to Europe reach 80,000 bpd Nigeria’s Dangote Refinery recorded a US$1.82 billion net profit in the first half of 2026, supported by increased fuel exports to Europe as disruptions to Middle Eastern supplies tightened global markets. The refinery generated more than US$13 billion in revenue during the six months, marking a sharp turnaround from the US$476 million loss recorded in 2025. The 650,000-barrel-per-day facility
![]()
