47 h. ago MRS, others raise petrol prices to N930 in Lagos, N960 in North

As a direct fallout of the recent suspension of sales of petroleum products in naira by the Dangote refinery, MRS filling station has effected a new price regime, raising its pump price to N930 per litre in Lagos and N960 for residents living in the northern part of the country. The new price regime, effective Read More

Politics

5 d. ago Polypropylene Production To Revitalise Textile Industry, Save Nigeria $267m – MAN

The Manufacturers Association of Nigeria (MAN) has stated that the production of polypropylene by the Dangote Petroleum Refinery and Petrochemicals will revitalise Nigeria’s struggling textile industry and save the country $267 million in import costs. The director-general of MAN, Segun Kadir-Ajayi stated this in an interview on the Channels Business Incorporated Programme. Kadir-Ajayi highlighted the […]

Politics

5 d. ago Dangote refinery issues tender to sell fuel oil, document summary shows

Nigeria’s Dangote oil refinery issued a tender on Tuesday to sell 128,000 metric tons of residual fuel oil in April, read more Dangote refinery issues tender to sell fuel oil, document summary shows

Politics

5 d. ago Dangote Exports 2m Barrels, 130m Litres Of Jet Fuel To US, S/Arabia

Dangote Petroleum Refinery has exported over two million barrels of jet fuel to the United States and approximately 130 million litres to Saudi Arabia. According to data from ship-tracking service Kpler, six vessels carrying around 1.7 million barrels of jet fuel from Dangote Petroleum Refinery arrived at US ports this month. Another vessel, the Hafnia […]

Politics

6 d. ago US imports over 2m barrels of jet fuel from Dangote Refinery

By Adewale Sanyaolu The United States of America has imported over two million barrels of jet fuel from the Dangote Petroleum Refinery and Petrochemicals. The imports confirm the industry dominance of the refinery, which is extending far beyond Africa and the Middle East. According to data from ship-tracking service Kpler, six vessels carrying about 1.7 […] The post US imports over 2m barrels of jet fuel from Dangote Refinery appeared first on The Sun Nigeria.

Politics

6 d. ago US imports 2 million barrels of jet fuel from Dangote refinery

The United States imported over two million barrels of aviation fuel from the Dangote refinery in March. The refinery confirmed this in a statement on Tuesday, saying this attests to the “unparalleled quality” of the refinery’s products and the trust that the international community places in the Dangote refinery. Quoting data from ship-tracking service Kpler, Read More

Politics

6 d. ago After US market, Dangote exports three cargoes of jet fuel to Saudi Arabia

Nigeria’s Dangote Petroleum Refinery is expanding its global footprint, with three cargoes of jet fuel, amounting to approximately 130 million read more After US market, Dangote exports three cargoes of jet fuel to Saudi Arabia

Transport

6 d. ago US reaches far to tap Dangote refinery for aviation fuel supplies

Nigeria’s giant Dangote Oil refinery has stepped in to help the US meet its surging jet fuel consumption which reached read more US reaches far to tap Dangote refinery for aviation fuel supplies

Politics

1 week ago Depots up price to N875/litre after Dangote halts local currency petrol sale

The Nigerian downstream sector has recorded yet another quick shift following Dangote Refinery’s latest decision to temporarily halt the supply read more Depots up price to N875/litre after Dangote halts local currency petrol sale

Economics

1 week ago Price Hike Likely As Dangote Resumes Sale Of Petrol In Dollars

The price of Premium Motor Spirit (PMS) , also called petrol, has been projected to rise as Dangote reviews its sales policy. Dangote Refinery said it would now sell refined petrol in dollars until the government resumes crude-for-naira-sale arrangement. Consequently, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to sell petrol in dollars […]

Economics

1 week ago Price surge imminent as Dangote Refinery halts petrol sale in naira

• It’ll disrupt downstream supply mechanism -Marketers   By Adewale Sanyaolu and Adanna Nnamani, Abuja Petroleum products marketers have predicted a potential shake-up in the downstream sector as Dangote Refinery halts the sale of petrol in naira. The marketers, while expressing shock over the development, said there are genuine concerns over supply chain disruptions and […] The post Price surge imminent as Dangote Refinery halts petrol sale in naira appeared first on The Sun Nigeria.

Economics

1 week ago IPMAN Threatens To Sell Petrol In Dollars Over Dangote Refinery’s Stance

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to sell petrol in US dollars if Dangote Refinery begins selling its products in foreign currency. The move was in response to concerns that using dollars for transactions could lead to increased pressure on the local currency, potentially causing inflation and affecting energy security. LEADERSHIP […]

Politics

1 week ago Dangote refinery pauses Naira petrol sales over currency mismatch

From Adanna Nnamani, Abuja Dangote Petroleum Refinery has announced a temporary suspension of petroleum product sales in Naira, citing the need to align its sales currency with crude oil purchase obligations, which are currently denominated in U.S. dollars. In a statement released on Wednesday, the refinery explained that its sales of petroleum products in Naira […] The post Dangote refinery pauses Naira petrol sales over currency mismatch appeared first on The Sun Nigeria.

Politics

1 week ago ‘Keep your dollar close to your chest’: Nigerians react to Dangote Refinery stopping petrol sales in Naira

Tribune Online ‘Keep your dollar close to your chest’: Nigerians react to Dangote Refinery stopping petrol sales in Naira In a recent development, Dangote Refinery has announced a temporary halt in the sale of petroleum products in Naira, citing the need to align its sales proceeds with its crude oil purchase obligations, which are denominated in US dollars.  Tribune Online reports that In a statement, the refinery clarified that its Naira-based sales had exceeded […] ‘Keep your dollar close to your chest’: Nigerians react to Dangote Refinery stopping petrol sales in Naira Tribune Online

Politics

1 week ago Court strikes out NNPC’s objection, rejects FCCPC’s joinder in Dangote Refinery’s N100bn suit

The Federal High Court in Abuja has struck out the preliminary objection filed by the Nigerian National Petroleum Company (NNPC) read more Court strikes out NNPC’s objection, rejects FCCPC’s joinder in Dangote Refinery’s N100bn suit

Events

1 week ago Import Licence: Court Throws Out NNPCL Objection Against Dangote’s N100bn Suit

A Federal High Court in Abuja has dismissed the Nigerian National Petroleum Company Limited’s (NNPCL) objection to a ₦100 billion import licence case filed by Dangote Petroleum Refinery and Petrochemicals. Justice Inyang Ekwo, in his ruling, said the NNPCL failed to submit a counter-affidavit against Dangote Refinery’s claims. According to the court, NNPCL filed a […]

Politics

1 week ago UPDATED: Court dismisses NNPCL’s objection in ₦100bn Dangote refinery suit

A Federal High Court in Abuja has dismissed the Nigerian National Petroleum Company Limited’s objection to a ₦100 billion import licence lawsuit filed by Dangote Petroleum Refinery and Petrochemicals. Justice Inyang Ekwo, in his ruling, said the NNPCL failed to submit a counter-affidavit against Dangote Refinery’s claims and instead filed a preliminary objection, which goes Read More

Politics

1 week ago Court dismisses NNPCL’s objection in ₦100bn Dangote refinery suit

A Federal High Court in Abuja has dismissed the Nigerian National Petroleum Company Limited’s objection to a ₦100 billion import license lawsuit filed by Dangote Petroleum Refinery and Petrochemicals. Justice Inyang Ekwo, in his ruling, said the NNPCL failed to submit a counter-affidavit against Dangote Refinery’s claims and instead filed a preliminary objection, which goes Read More

Politics

1 week ago Court strikes out NNPC’s bid to dismiss Dangote Refinery’s N100bn import license suit

Tribune Online Court strikes out NNPC’s bid to dismiss Dangote Refinery’s N100bn import license suit NNPCL had, through its counsel, Ademola Abimbola, SAN had, prayed the court for an order striking out the suit filed by Dangote Refinery for lack of jurisdiction or, in the alternative, strike out NNPCL from the suit. Court strikes out NNPC’s bid to dismiss Dangote Refinery’s N100bn import license suit Tribune Online

Events

2 w. ago Dangote Refinery eyes higher crude imports from Angola, Algeria

The Dangote Refinery, Africa’s largest oil refinery, is reportedly considering increasing its crude oil imports from Angola and Algeria as read more Dangote Refinery eyes higher crude imports from Angola, Algeria

Politics