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Nigeria: Dangote Refinery Gains From Europe Fuel Shortage With $1.82b Profit

[Daba Finance] Dangote Petroleum Refinery reported $1.82 billion in net profit for the first half of 2026 as disruptions to Middle East fuel exports increased demand for products from its Lagos plant.

  • Dangote Refinery earned $1.82 billion profit in H1 2026
  • Europe fuel shortage caused by Iran closing Strait of Hormuz
  • Dangote became Europe's largest jet fuel supplier during shortage

Qatar Central Bank hikes rates

QNADoha The Qatar Central Bank (QNA) announced on Wednesday an increase in its deposit interest rate (QCBDR) by 25 basis points to 4.10 percent, following an assessment of the Stat...

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