Dangote to Stop Fuel Supply to Nigerian Market as Naira-for-crude Deal Stalls
Dangote Refinery will stop loading petroleum products for Nigerian market as the renegotiation of the naira-for-crude deal is not recording significant progress, TheCable understands.
However, sources said the refinery will continue to load for...
Marketers Predict N800/litre Petrol Sale as Import Cost Drops
Major oil marketers in Nigeria have moved to offer a lower price against the gantry loading cost of N825 per litre set by Dangote Petroleum Refinery.
This development followed a revelation by marketers that the landing cost...
Dangote, NNPCL Petrol Price War an Advantage to Nigerians, Says Rewane
Bismarck Rewane, managing director of Financial Derivatives Company, a consultancy firm says Nigerians will benefit more from the seeming petrol price war between Dangote refinery and Nigeria National Petroleum Corporation Limited.
This is as as...
Dangote Sugar Annual loss Widens to N193bn
Dangote Sugar Refinery Plc has reported a loss after tax of N192.6bn for the financial year ended December 31, 2024, representing a 161 per cent increase from the N73.76bn loss recorded in the corresponding period of 2023.
The company’s...
How FG, IOCs Agreement Limits Crude Allocation to Local Refiners
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has revealed the reason why International Oil Companies are finding it difficult to allocate crude to domestic refiners, including the Dangote Petroleum Refinery under...
