News Update THE Dangote Petroleum Refinery has reduced the price of petrol once more, setting it at N835 per litre. This is a drop from the previous N865 per litre. The new rate came...
THE Petroleum Products Retail Outlet Owners Association of Nigeria has explained that it members will not hesitate to dump Dangote Refinery for alternatives over its latest move to sale petroleum products in Dollar. The...
News Update THE price competition within the downstream oil sector persisted on Thursday as the Dangote Refinery discreetly implemented a price reduction at its loading gantry, lowering the cost of petrol loading from N825...
News Update Petrol imports jump 105% to N15tn – NBS report Nigeria’s petrol imports surged in 2024, doubling despite an increase in domestic refining capacity, highlighting the country’s continued reliance on imported fuel, according...
News Update Dangote Petroleum Refinery has reduced the price of diesel to N1,020 per litre, down from N1,075. This marks the latest in a series of price cuts since it started diesel production in...
Former President Olusegun Obasanjo has revealed new details about Nigeria’s refinery woes, recounting failed efforts to privatise the country’s refineries and the subsequent financial losses under government management. In an exclusive interview with...
News Update THE Nigerian National Petroleum Company Limited (NNPCL) has reduced its ex-depot prices of Premium Motor Spirit, petrol to N899 from N1020 per litre for oil marketers. Petroleum Products Retail Outlets Owners Association...
News Update Dangote Petroleum Refinery has announced a reduction in prices of Premium Motor Spirit (PMS), also known as petrol, to N899.50 per litre, saying the move was to offer relief to Nigerians during...
News Update Dangote Refinery on Saturday tagged as fake the allegation that it sells petrol between N1, 015 and N1, 028/litre. Some oil marketers had reportedly on Friday said the price of petrol, produced...
News Update THE Dangote 650,000 barrels per day Lagos-based refinery has ignored oil marketers’ call on direct lifting of its Premium Motor Spirit (petrol). The President of the Independent Petroleum Marketers Association of Nigeria,...