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...

Petrol Landing Cost Hits N870, Surpasses Dangote’s Price   The landing cost of Premium Motor Spirit (petrol) has now averaged N870 per litre, reports by the Major Energies Marketers Association of Nigeria have shown. This is even as the price offered by the Dangote Petroleum Refinery threatened...

Dangote Fuel Still Pricey Despite Crude Oil Crash - S&P Global   The pricing of refined petroleum products at the Dangote Petroleum Refinery has been identified as one of the incentives to import these products into Nigeria. S&P Global said in a report that the Dangote refinery’s...

Nationwide Petrol Price Drop Predicted as Dangote Switches to Naira Sales   Twenty-two days after suspending the sale of petroleum products in naira, the Dangote Refinery has resumed sales of its refined petroleum products to its partners and marketers in the local currency. The 650,000 barrels facility...

Again, Dangote Reduces Petrol Price   Dangote Petroleum Refinery on Friday reduced the loading cost of its petrol from ₦825 per litre to ₦815 per litre, further intensifying the pricing war in the downstream sector. Report has it that marketers are taking advantage of the ₦10 reduction...

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...