Dangote Refinery Returns to Profit With $4.73 Billion Earnings as IPO Deadline Extended

Dangote Petroleum Refinery and Petrochemicals has reported a net profit of $4.73 billion for the first nine months of 2026, reversing a $117.2 million loss recorded during the corresponding period last year.The unaudited results, released on Tuesday, October 13, showed revenue rising by approximately 144 per cent to $22.48 billion, supported by increased crude processing, improved operational performance and stronger refining margins.