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Petrol Prices Stay High Despite Crude Oil Fall to $73

Petrol Prices Stay High Despite Crude Oil Fall to $73   The price of petrol has remained high even as crude oil prices crashed to $73 per barrel on Wednesday, their lowest level since the US-Iran conflict began in February. According to Oilprice.com, crude oil fell from...

SEC Bans Dangote Refinery IPO Promotions

The Securities and Exchange Commission (SEC) has banned the sale, marketing, and promotion of the Dangote Petroleum Refinery & Petrochemicals FZE IPO, warning that no application has been filed or approved for such an offering.

NNPC Denies Sabotage as Dangote Crude Supply Drops to 15.84mb

Domestic crude supply to refineries fell to 15.84 million barrels in May 2026, down from 17.96 million barrels in April, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

Dangote Refinery Imports 1.46bn Litres of Blendstock – NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that the Dangote Petroleum Refinery imported about 1.46 billion litres of gasoline blendstock.

Crude Oil Crash Pushes Petrol, Diesel Prices Down

Crude Oil Crash Pushes Petrol, Diesel Prices Down   Petrol and diesel prices have started to decline as global crude oil prices retreat following the de-escalation of tensions in the Middle East. The reductions, led by the Dangote Petroleum Refinery and followed by some private depot...

Dangote Refinery Slashes Diesel, Jet Fuel Prices

Dangote Refinery Slashes Diesel, Jet Fuel Prices   The Dangote Petroleum Refinery has lowered its gantry prices for Automotive Gas Oil (diesel) and Aviation Turbine Kerosene (jet fuel). According to data from Petroleumprice.ng, the Dangote refinery reduced the diesel gantry price by N100, from N1,700 per litre...