Nigeria's Dangote Refinery, valued at $20 billion and currently Africa's largest with a processing capacity of 650,000 barrels per day (bpd), is expanding its operations to directly supply fuel nationwide. Starting in August 2025, the refinery will distribute Premium Motor Spirit (PMS) and diesel to retail stations, manufacturers, telecom firms, and other large consumers, challenging local fuel traders. The refinery has acquired 4,000 tankers from Chinese automaker Dongfeng to support this distribution strategy. Dangote Refinery is also set to export its first gasoline cargo of 90,000 tons to Asia via Mercuria, marking its first gasoline export outside Africa. The facility increasingly uses U.S. West Texas Intermediate (WTI) crude oil for better blending. By the end of 2025, the refinery expects to process 100% Nigerian crude and is considering an upgrade to increase its capacity to 700,000 bpd from 650,000 bpd. Additionally, plans include constructing 1.6 million barrels of fuel storage tanks in Namibia. In the past 50 days, the refinery has exported approximately 1.35 billion liters of petrol globally. The refinery's crude oil demand has influenced trade flows, with the U.S. exporting more crude oil to Nigeria than it imports for the first time in years. Separately, Guinness Nigeria Plc reported a profit after tax of N16.2 billion for the year ending June 30, 2025, recovering from a N54.7 billion loss the previous year, while Dangote Sugar Refinery Plc posted a net loss of N626 million in Q2 2025 despite revenue growth.