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

The S&P Global Ratings upgrade notes that Nigeria’s Dangote Refinery, the continent’s largest single‑tranche oil‑processing complex, is increasingly central to the country’s energy sector. The refinery’s near‑full‑capacity operation is expected to cut imports, boost domestic fuel supply, improve the trade balance and generate stable cash flows, strengthening Dangote’s credit profile and supporting Nigeria’s economic outlook. Views Nigeria