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The Nigerian Federal Government has scheduled a meeting with Dangote Refinery to address concerns arising from the recent suspension of the naira-for-crude agreement. This move has implications for domestic fuel ...
Dangote Petroleum Refinery has announced a temporary suspension of petroleum product sales in Naira, citing a mismatch between sales proceeds and crude oil purchase obligations, which are denominated in U.S. ...
The Nigerian downstream oil sector is currently witnessing a significant price competition between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery, leading to substantial challenges for independent oil ...
The Dangote Refinery has recently received additional crude oil shipments from the Nigerian National Petroleum Company Limited (NNPCL). This development follows a meeting of the Technical Sub-Committee on the Naira-for-Crude ...
Following a recent reduction in petrol prices, Dangote Refinery is projected to incur a loss of approximately ₦32.5 billion. Prior to the price cut, the refinery held a stock of ...
The Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery are currently negotiating the renewal of their naira-based crude oil supply agreement, which is set to expire at the end ...
Aliko Dangote, President of Dangote Industries Limited, has assured Nigerians that the Dangote Petroleum Refinery has an ample supply of Premium Motor Spirit (PMS), commonly known as petrol, to fully ...
Billionaire Aliko Dangote has shared insights into the immense risks he took when establishing his $23 billion Dangote Refinery project, calling it the "biggest risk" of his life. In an ...
A recent viral video comparing the fuel efficiency of products from the Nigerian National Petroleum Company Limited (NNPCL) and the Dangote Refinery has triggered a public controversy. In the video, ...
The Dangote Petroleum Refinery, Africa's largest, is set to reach full production capacity within the next 30 days. Devakumar Edwin, Vice President of Dangote Industries, told Reuters that measures are ...