Fuel Importers Hit with N75bn Monthly Loss After Dangote's Price Slash   Importers of Premium Motor Spirit (petrol) may lose an average of N2.5bn daily and N75bn monthly following the latest PMS price reduction announced by the Dangote Petroleum Refinery. Findings revealed that the average landing cost...

The Dangote Petroleum Refinery has enough Premium Motor Spirit, otherwise known as petrol, in storage to sufficiently meet the local needs of Nigeria.

Dangote Refinery Reduces Petrol Price to N890 per Litre Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890 per litre. The price slash takes effect from Saturday, February 1, 2025. Dangote Refinery’s spokesperson,...

Why Dangote will Receive 12m barrels Crude from USA – Report The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States, the Africa Report reported on Monday. The refinery resorted to crude importation as local supply challenges hindered...

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 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...