2 h. ago Dangote refinery reduces petrol pump price to N890/litre, renews deal with key partners

By Adewale Sanyaolu Dangote Petroleum Refinery yesterday announced a fresh deal with its key retail partners, reducing petrol pump retail price from N920 to N890 per litre. Daily Sun had exclusively reported on Tuesday the reversal of a fuel price cut arrangement earlier announced by Dangote Petroleum Refinery and its three key fuel retail partners […] The post Dangote refinery reduces petrol pump price to N890/litre, renews deal with key partners appeared first on The Sun Nigeria.

Economics

6 h. ago Petrol Price Drops Again As Dangote Refinery Announces N835 Per Litre

Dangote Refinery has reduced the Premium Motor Spirit ex-depot price to N835 from N865 per litre. The refinery located in Lagos State informed its customers in a statement on Wednesday morning. The development indicated a fresh decrease of N30 in Dangote Petrol price. With the latest fuel price reduction, Dangote Refinery partners, such as MRS […] The post Petrol Price Drops Again As Dangote Refinery Announces N835 Per Litre appeared first on Information Nigeria.

Politics

13 h. ago BREAKING: Again, Dangote Refinery Slashes Petrol Price To N835 Per Litre

The Dangote Petroleum Refinery has announced another reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol from N865 to N835 per litre. The price slash came after the recent decline in global crude oil prices, which have dropped to $64 per barrel from over $70 per barrel in recent weeks. […]

Politics

15 h. ago UPDATED: Dangote refinery slashes petrol price again, now N835/litre

Fresh from implementing a ₦15 price reduction in its loading cost for Premium Motor Spirit, also known as petrol, the Dangote Refinery has again slashed its refined product prices to make them cheaper, cutting its ex-depot rate to ₦835 per litre. The new price represents a ₦30 reduction from ₦865 per litre implemented six days Read More

Politics

6 d. ago JUST IN: Dangote refinery reduces petrol price to ₦865 per litre

By Chinelo Obogo Dangote Refinery has announced a reduction in the petrol price to ₦865 per litre, down from ₦15 from the previous rate of ₦880 per litre on Wednesday. The refinery said this through a notice issued on Thursday morning. Marketers had anticipated a price reduction by the refinery by the end of the […] The post JUST IN: Dangote refinery reduces petrol price to ₦865 per litre appeared first on The Sun Nigeria.

Politics

8 d. ago NNPC crude suspension to Dangote refinery affected OPEC output – Report

The decision of the Nigerian National Petroleum Company Limited to suspend crude supply to the Dangote and other refineries affected the output of the Organisation of the Petroleum Exporting Countries in March. A Reuters survey found that OPEC oil output fell in March as Nigeria curbed deliveries to domestic refineries. In March, supply from Nigeria, Read More

Politics

2 w. ago Dangote’s contribution to Nigeria’s economy huge — Mimiko’s ex

Tribune Online Dangote’s contribution to Nigeria’s economy huge — Mimiko’s ex-aide A former Special Adviser on Political and Mobilisation Matters to ex-Governor Olusegun Mimiko of Ondo, Akin Akinbobola, has hailed the Dangote Refinery for sustaining production and distribution of quality petroleum products in Nigeria. Akinbobola who stated this on Tuesday in Akure, Ondo state capital, noted that Dangote’s contributions to Nigeria’s economy had been monumental and […] Dangote’s contribution to Nigeria’s economy huge — Mimiko’s ex-aide Tribune Online

Politics

2 w. 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

3 w. 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

3 w. 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

3 w. 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

3 w. 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

3 w. 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

3 w. 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

3 w. 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

3 w. 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

4 w. 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

4 w. 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

4 w. 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

4 w. 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