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TheCable·3 min read·medium

S&P Global: How Dangote refinery is shielding Nigeria from global fuel price shocks

B
Bunmi Aduloju
S&P Global: How Dangote refinery is shielding Nigeria from global fuel price shocks
AI Summary

S&P Global reports that the Dangote refinery is helping stabilize domestic fuel prices in Nigeria despite rising global costs. The refinery's pricing strategy is effectively capping import costs for the local market.

S&P Global says Dangote refinery has continued to shield the Nigerian market from external price shocks.

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