Again, Dangote Slashes Petrol Price Amid Import Surplus   The Dangote Petroleum Refinery has announced a fresh reduction in the pump prices of Premium Motor Spirit (petrol) across the country, as the competition in the downstream oil sector heightens. The plant announced that the new rates now...

The Dangote Petroleum Refinery has said that the naira-for-crude deal allowed it to reduce the price of petrol, which translates to reduced costs at the pumps.

Lagos Fuel Supply Restored as Tanker Drivers Resume Operations   Tanker drivers have resumed fuel loading following the resolution of their crisis with the Lagos State Government. On Wednesday and Thursday, many fuel tankers were seen on the road conveying petroleum products to filling stations within and...

Fact-Check Reveals Flaws in Valor Reviews' Experiment Comparing Dangote and NNPC Fuel   A recent experiment conducted by Valor Reviews, a popular YouTube channel known for its technology and consumer electronics reviews, has sparked controversy over its comparison of Premium Motor Spirit (PMS) from Dangote Refinery...

Fuel Price Drops by N27/litre at Private Depots The loading cost of Premium Motor Spirit at private depots dropped to N925 per litre on Monday. The amount was a difference of N27 from N952 offered by the highest-selling depot last Friday. Marketers said this reduction was influenced...

Fuel Imports Hit 2.3bn Litres Despite Local Production Despite the commencement of petrol production by two major refineries in Nigeria in the last three months, oil marketers have continued to import and distribute the product nationwide. It was gathered on Wednesday that marketers imported 2.3 billion...