Petrol Prices Skyrocket to N1,150/Litre After Dangote Refinery Hike
Ex-Depot Price Increase Triggers Retail Adjustments Across Nigeria The retail price of Premium Motor Spirit (PMS), popularly known as petrol,...
Dollar-Based Charges, Crude Costs Drive Up Prices of Locally Refined Petrol
Dangote Refinery petrol priced at N970 per litre; marketers urge shift to naira-based charges Crude oil refiners and downstream sector...
Dangote Refinery Begins Fuel Exports to West Africa, Signaling Potential Market Shake-Up
The Dangote Petroleum Refinery has officially started exporting refined petroleum products to neighboring West African countries, marking a milestone in...
MAN Hails Dangote Refinery as Key Driver for Manufacturing, Urges Government Backing
The Manufacturers Association of Nigeria (MAN) has underscored the critical role the Dangote Refinery plays in enhancing the country’s manufacturing...
Oil Marketers Urge Court to Dismiss Dangote Refinery’s Suit, Warn Against Monopoly
Three major oil marketers—AYM Shafa Limited, A. A. Rano Limited, and Matrix Petroleum Services Limited—have called on the Federal High...
Dangote Refinery Dismisses Claims of Selling Petrol Above ₦1,000 Per Litre, Labels Reports as “Fake News”
Dangote Refinery has refuted recent claims suggesting it is selling petrol at rates between ₦1,015 and ₦1,028 per litre, calling...
Four Vessels Dock With Over 123 Million Litres of Petrol to Boost Nigeria’s Fuel Supply
Over 123 million litres of Premium Motor Spirit (PMS), commonly known as petrol, have arrived at Nigerian seaports as four...
NNPC Remains Sole Off-Taker of Petrol from Dangote Refinery Despite FG Directive
The Nigerian National Petroleum Company Limited (NNPC) continues to be the sole off-taker of Premium Motor Spirit (PMS), commonly known...
DSS Intervenes as Oil Marketers Complain About Rising Petrol Prices and Unpaid Debts
Nigeria’s oil marketers have revealed that the Director General of the Department of State Services (DSS), Adeola Ajayi, has stepped...
IPMAN Urges FG to End Dangote Refinery Monopoly, Push for Completion of NNPC Refineries
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Federal Government to accelerate the completion of the...
NNPCL Hikes Petrol Pump Price to Over N1,000 Per Litre Amid Full Deregulation of Oil Sector
The full deregulation of Nigeria’s downstream oil sector has taken effect, with the Nigerian National Petroleum Company Limited (NNPCL) raising...
Tinubu Refuses to Mediate in Fuel Price Dispute Between Dangote Refinery and NNPCL
The Presidency has confirmed that President Bola Tinubu will not intervene in the ongoing fuel price dispute between the Dangote...
Dangote Refinery, Local Oil Refiners Oppose Imported Petrol Amid Quality Concerns
Local oil refiners and officials at the Dangote Petroleum Refinery have voiced opposition to the recent importation of Premium Motor...
NNPC Releases New Petrol Pump Prices After Loading from Dangote Refinery
The NNPC Limited has announced a new set of petrol pump prices across the country, following the loading of petrol...
FG Confirms Petrol Supply from Dangote Refinery to Start Tomorrow
The Federal Government has announced that the supply of petrol from the Dangote Refinery will begin on Sunday, September 15,...
Dangote Refinery Clarifies Position on Petrol Pricing, Dismisses False Reports
Dangote Petroleum Refinery has addressed the reasons it cannot independently set the price of petrol, following reports claiming otherwise. In...
Dangote Refinery Begins Production of First Premium Motor Spirit Batch
The Dangote Refinery has officially started distributing its first batch of Premium Motor Spirit (PMS), commonly known as petrol, from...
AfDB President Defends Dangote Refinery Amid Monopolistic Concerns
The president of the African Development Bank (AfDB) Group, Akinwumi Adesina, has defended the Dangote Refinery against allegations of potential...
OPEC+ Agrees on Production Cuts to Stabilize Crude Oil Prices
Vienna, Austria – The Organization of Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, have reached an...
Dangote Refinery Will Generate 135,000 Jobs – Emefiele
Godwin Emefiele says the establishment of the Dangote Petroleum refinery and Petrochemical Plant will generate 135,000 jobs.