S&P Upgrade Highlights Dangote Refinery’s Growing Role in

The S&P Global Ratings upgrade notes that Nigeria’s Dangote Refinery, the world’s largest single‑tray oil‑refining complex, is increasingly central to the country’s energy sector. The upgrade highlights the refinery’s expanding capacity to process 650,000 barrels per day, its role in reducing Nigeria’s fuel imports, improving foreign‑exchange savings, and supporting economic growth, which together strengthen the credit outlook for the refinery’s parent company and the broader Nigerian economy. Views Nigeria