Dangote Refinery posts $22.5bn revenue, $4.7bn profit in nine months

Dangote Petroleum Refinery and Petrochemicals recorded revenue of $22.5 billion and a net profit of $4.7 billion in the nine months ended September 30, 2026, compared with a net loss of $117.2 million in the corresponding period of 2025.The unaudited financial results, released in Lagos on Tuesday, showed that revenue rose by 144 per cent from $9.2 billion in the first nine months of 2025, while earnings before interest, taxes, depreciation and amortisation increased nearly ninefold to $5.5 billion.