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Why Dangote Adjusted PMS Ex-depot Price

Why Dangote Adjusted PMS Ex-depot Price Dangote Refinery has clarified that its recent adjustment in the ex-depot price of Premium Motor Spirit (PMS) from N899.50 to N950 per litre is directly linked to the significant increase in global crude oil prices. The refinery announced that all...

Petrol Price Hits N1,150 per Litre Following Dangote’s Rate Hike

Petrol Price Hits N1,150 per Litre Following Dangote's Rate Hike The pump price of petrol has increased, ranging from N1,050 to N1,150 per litre, depending on the location, due to the recent price hike by the Dangote Petroleum Refinery and other depot owners. Dealers confirmed that...

Dangote Raises Petrol Price for Bulk Buyers to N955 per Litre

Dangote Raises Petrol Price for Bulk Buyers to N955 per Litre Due to the sustained upward trend in the price of Brent crude, the global oil benchmark, Dangote Petroleum Refinery has notified its customers of a price increase for Premium Motor Spirit, commonly referred to...

Dangote Refinery Targets 650,000bpd Production by June

Dangote Refinery Targets 650,000bpd Production by June The Dangote Petroleum Refinery is set to ramp up its crude oil imports due to inadequate supply from the Nigerian National Petroleum Company Limited (NNPC) which is struggling to meet the refinery's fuel production needs at its $20...

Reuters: Dangote Refinery Retained 13% of Nigeria’s Crude Exports

According to a new report by Reuters, Dangote Petroleum Refinery retained 13 per cent of Nigeria’s crude oil exports as domestic supply in 2024.

Fuel Price Drops in Lagos, Abuja as Marketers Adjust Rates

Fuel Price Drops in Lagos, Abuja as Marketers Adjust Rates   Petrol prices yesterday crashed for the first time post-deregulation era. The crash can be attributed to a reduction in ex-depot price of the product announced by the Dangote Refinery from N970 to N899.50 per litre...