Dangote, Marketers Clash Over Petrol Price Amid US-Iran Tensions   Amid the escalating tensions in the Middle East, data from the Major Energies Marketers Association of Nigeria (MEMAN) has shown that a litre of imported petrol is about N64 cheaper than the one produced by the...

NMDPRA Data Reveals Modular Refinery Struggles Nigeria’s modular refineries supplied an average of 2.37 per cent of the country’s diesel demand over the three months spanning November 2025 to January 2026, according to data compiled from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)'s...

Stock Market Rally Shows Improving Economy, Says Tinubu President Bola Tinubu on Tuesday said the sustained rally at the Nigerian Exchange reflects growing investor confidence and the improving health of the Nigerian economy, as the Federal Government unveiled the National Industrial Policy 2025 in Abuja. The...

Dangote Refinery Reaches 650,000bpd Full Capacity - MD The Dangote Petroleum Refinery has reached its full nameplate capacity of 650,000 barrels per day following the restoration and optimisation of its Crude Distillation Unit and Motor Spirit production block, marking what the company describes as a...

Dangote Refinery Accuses Saboteurs of Plot to Undermine $20bn Facility Dangote Petroleum Refinery has accused “unpatriotic and unscrupulous individuals” of orchestrating a sophisticated misinformation campaign designed to undermine the $20 billion facility and preserve the country’s dependency on fuel imports, a trade that has enriched...

Dangote Refinery Cuts Petrol Price by ₦25 to ₦774 per Litre Dangote Petroleum Refinery has reduced the gantry price of premium motor spirit (PMS), commonly known as petrol, by N25 per litre, lowering the ex-depot rate from N799 to N774 per litre. The price cut was...