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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...

Dangote Reduces Petrol Price to N899 Per Litre

Dangote Reduces Petrol Price to N899 Per Litre Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS) product to N899.50k per litre. This was announced in a statement, on Thursday morning. The company said the decision was taken to “provide much-needed relief for...

How FG Supported Dangote with $1bn Loan to Establish Refinery – NNPCL

How FG Supported Dangote with $1bn Loan to Establish Refinery – NNPCL The Nigerian National Petroleum Company Limited (NNPCL) has revealed that the federal government through the company took a loan of $1 billion to support the Dangote refinery project when it encountered some financial...