Tag: Dangote Refinery

The Dangote Petroleum Refinery has again reduced the ex-depot price of Premium Motor Spirit (petrol), bringing it down from ₦840 to ₦820 per litre, marking the second price cut in ...

The Dangote Petroleum Refinery has emerged as a critical player in efforts to reduce Nigeria’s inflation, according to a new report by Lagos-based think tank, Financial Derivatives Company (FDC) Limited. ...

Dangote Petroleum Refinery will cover over ₦1.07 trillion annually in logistics expenses as it begins direct distribution of fuel products across Nigeria. To support this, the company is investing ₦720 billion to ...

Oil marketers across Nigeria have raised serious concerns over the Dangote Petroleum Refinery’s plan to distribute fuel directly to petrol stations and commercial buyers across the country. Under the umbrella ...

Depot owners and the Nigerian National Petroleum Company Limited (NNPC) have recently reduced petrol prices, intensifying competition with the Dangote Refinery in Nigeria's downstream oil sector. Key Developments: Depot Price ...

The Dangote Petrochemical Refinery is set to import no less than five million barrels of U.S. West Texas Intermediate (WTI) crude oil throughout July, marking a continuation of its aggressive ...

Independent oil marketers in Nigeria have imported approximately ₦436 billion worth of petrol within just nine days, highlighting escalating tensions with the Dangote Petroleum Refinery over pricing and supply dynamics. ...

The Dangote Petroleum Refinery has credited the Federal Government’s naira-for-crude policy for the recent reduction in petrol prices, resulting in lower costs at the pump for Nigerian consumers. In a ...

Aliko Dangote, Africa's richest man and President of the Dangote Group, has reiterated his accusations against powerful interests in Nigeria's oil sector, alleging ongoing sabotage of his $20 billion refinery ...

The Dangote Petroleum Refinery has reduced its ex-depot petrol price from ₦880 to ₦865 per litre, following the resumption of domestic sales in Naira. This ₦15 decrease is expected to ...