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Dangote Fuel Still Pricey Despite Crude Oil Crash – S&P Global

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

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

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

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...

Petrol Price Hits N1,150 per Litre Following Dangote’s Rate Hike

Petrol Price Hits N1,150 per Litre Following Dangote's Rate Hike The pump price of petrol has increased, ranging from N1,050 to N1,150 per litre, depending on the location, due to the recent price hike by the Dangote Petroleum Refinery and other depot owners. Dealers confirmed that...

Marketers Predict Fuel Price Drop as Warri Refinery Resumes Production

Marketers Predict Fuel Price Drop as Warri Refinery Resumes Production   The Nigerian Midstream and Downstream Petroleum Regulatory Authority and oil marketers have announced that the resumption of operations at the Warri Refining and Petrochemicals Company Limited is expected to lead to a further reduction in...