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Amidst Price Hike, Imported Petrol Landing Cost Drops to N840/Litre

Amidst Price Hike, Imported Petrol Landing Cost Drops to N840/Litre   The landing cost of imported premium motor spirit (petrol) has dropped marginally from N849.61 to N839.97 per litre. This was according to data from the Major Energies Marketers Association of Nigeria (MEMAN). In the energy bulletins released...

Dangote Increases Petrol Price, Resumes Sales After One-Week Suspension

Dangote Increases Petrol Price, Resumes Sales After One-Week Suspension   The Dangote Petroleum Refinery has resumed the sale of Premium Motor Spirit, popularly known as petrol, after a one-week suspension, with a revised ex-depot price of N850 per litre, up from the previous rate of N820. This...

Again, Dangote Slashes Petrol Price Amid Import Surplus

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

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

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...