35 h. 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

60 h. ago Marketers project N800/litre as imported petrol’s cost drops

The price war in the downstream oil sector intensified on Tuesday as major oil marketers moved to offer a lower price against the gantry loading cost of N825 per litre set by Dangote Petroleum Refinery. This development followed a revelation by marketers that the landing cost of Premium Motor Spirit (petrol) imported into Nigeria has Read More

Politics

3 d. ago How frequent fuel price changes are disrupting our business — Oil marketers

Tribune Online How frequent fuel price changes are disrupting our business — Oil marketers He said that following Dangote refinery’s announcement of a price cut by N65 at the ex-depot level, retail prices at its filling stations dropped from N925–N930 to N860 per litre. Shortly after, NNPC also reduced its retail price, intensifying competition between the two major players. How frequent fuel price changes are disrupting our business — Oil marketers Tribune Online

Economics

8 d. ago Marketers Expect Drop In Transport Fare After Petrol Price Slash

The Petroleum Retailers Outlet Owners Association of Nigeria (PETROAN), is expecting to see reciprocity in transportation fare slash by commercial vehicles operators after the Nigerian National Petroleum Company limited (NNPC) and Dangote refinery reviewed downward ex-depot price of Premium Motor Spirit (PMS) known as petrol. The marketing association commended NNPC Retail Ltd for slashing the […]

Economics

9 d. ago Nigerians to benefit from Dangote, NNPCL petrol price war — Rewane

Nigerians will benefit more from the seeming petrol price war between Dangote refinery and Nigeria National Petroleum Corporation Limited, according read more Nigerians to benefit from Dangote, NNPCL petrol price war — Rewane

Politics

1 week ago New oil marketer joins MRS, Ardova to lift petrol from Dangote Refinery

Ptima Energy has become the latest petroleum marketer to join the ranks of companies lifting Premium Motor Spirit (PMS), commonly read more New oil marketer joins MRS, Ardova to lift petrol from Dangote Refinery

Politics

1 week ago NNPCL stations have reduced petrol price to N860/litre — Marketers

The Nigerian National Petroleum Company Limited has reduced the pump prices of Premium Motor Spirit (petrol) sold at its stations to match that of the Dangote Petroleum Refinery. Our correspondents confirmed that some retail outlets owned by the NNPC adjusted their petrol pump price to N860 per litre on Monday, the same rate Dangote sells Read More

Politics

1 week ago NNPC Reduces Petrol Price From N920 To N860 Per Litre – IPMAN

Nigerian National Petroleum Company Limited has reduced the pump price of Premium Motor Spirit, commonly known as petrol, to N860 per litre. The new NNPCL price, which takes effect on Monday, marks a significant drop from the previous average of N920 per litre. Recall that last week, Dangote Petroleum Refinery also reduced the ex-depot price […] The post NNPC Reduces Petrol Price From N920 To N860 Per Litre – IPMAN appeared first on Information Nigeria.

Politics

1 week ago Dangote Refinery absorbs N16bn PMS loss, offers N65/litre refund to marketers

Tribune Online Dangote Refinery absorbs N16bn PMS loss, offers N65/litre refund to marketers Customers who bought fuel from key partners—AP (Ardova Plc), Heyden, or MRS—at the previous gantry price of N890 per litre will receive a refund, following the new rate of N825 per litre. Dangote Refinery absorbs N16bn PMS loss, offers N65/litre refund to marketers Tribune Online

Politics

1 week ago Dangote to refund customers who purchase PMS above advertised rates from key partners

•Absorbs N16bn loss by refunding N65/litre to marketers for Nigerians to benefit from cheaper fuel •Insists Nigerians deserve good, quality, affordable fuel products    Dangote Petroleum Refinery & Petrochemicals has announced that it would refund customers, who purchase Premium Motor Spirit (PMS) at rates higher than the advertised prices from any of its key partners, […] The post Dangote to refund customers who purchase PMS above advertised rates from key partners appeared first on The Sun Nigeria.

Economics

1 week ago Dangote promises to refund customers who buy petrol above market price from key partners

Dangote Petroleum Refinery & Petrochemicals has launched an initiative to refund customers who purchase Premium Motor Spirit (PMS) above advertised read more Dangote promises to refund customers who buy petrol above market price from key partners

Economics

2 w. ago Fuel importers face N75bn monthly loss after Dangote price cut

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 by The Punch revealed that the average landing cost of petrol as released by industry players is over N100 higher than the new ex-depot price of Read More

Politics

2 w. ago Dangote Refinery Cuts Petrol Price To N825, Offers Nigerians Relief Amid Ramadan

In a move aimed at easing the financial burden on Nigerians, Dangote Petroleum Refinery has disclosed a significant reduction in the ex-depot price of premium motor spirit (PMS), also known as petrol. The new price of N825 per litre, revealed on Wednesday, marks the second reduction in February 2025. According to Esan Sunday, head of […] The post Dangote Refinery Cuts Petrol Price To N825, Offers Nigerians Relief Amid Ramadan appeared first on Information Nigeria.

Politics

2 w. ago Dangote’s partner to sell petrol at N860/litre in Lagos, N870 in Ibadan, others

Tribune Online Dangote’s partner to sell petrol at N860/litre in Lagos, N870 in Ibadan, others Dangote Refinery’s retail partner, MRS Holdings, will sell petrol at N860 per litre in Lagos and N870 per litre in Ibadan and other parts of the South-West, following a recent price reduction by the refinery. Dangote’s partner to sell petrol at N860/litre in Lagos, N870 in Ibadan, others Tribune Online

Politics

2 w. ago BREAKING: Dangote slashes petrol loading price to N825/litre

The Dangote Petroleum Refinery, on Wednesday, announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit, PMS, commonly referred to as petrol, by N65.00. This means the price will drop from N890 to N825 per litre, effective Thursday, February 27, 2025, a statement by the refinery stated. According to Dangote, this adjustment is Read More

Politics

2 w. ago Group Commends Dangote Refinery For Sustaining Quality, Ending Fake Fuel Era

First, Nigeria’s privately owned petrochemical refinery belonging to Alhaji Aliko Dangote has received great commendations for sustaining the production and distribution of quality petroleum products in Nigeria. Douglas Inedu, President of the Independent Monitors Group on Economic Reforms, said in a statement he signed on Tuesday that the patriotic act of the Dangote refinery ended […]

Politics

2 w. ago $20bn refinery project put me ‘through hell’ – Aliko Dangote

Aliko Dangote, Africa’s richest man, and president of Dangote Group has revealed the immense personal and professional challenges he faced read more $20bn refinery project put me ‘through hell’ – Aliko Dangote

Politics

2 w. ago ‘We Have What It Takes To Meet Nigeria’s Fuel Needs’ – Dangote Refinery

The Dangote Petroleum Refinery has assured Nigerians of its capacity to meet the country’s fuel needs. According to the President of the Dangote Group, Alhaji Aliko Dangote, the refinery currently has over 500 million litres of petrol in its reservoir. Dangote made this disclosure during a tour of the $20 billion Lekki-based facility with the […] The post ‘We Have What It Takes To Meet Nigeria’s Fuel Needs’ – Dangote Refinery appeared first on Information Nigeria.

Politics

2 w. ago We have over N600bn worth of petrol to meet local needs –Dangote

•Strengthens energy ties with Zambia   By Adewale Sanyaolu   President of Dangote Industries Limited (DIL), Aliko Dangote, has revealed that his refinery has enough petrol in storage to sufficiently meet the local needs of Nigeria. Speaking at the weekend, Dangote disclosed that the oil refinery has “more than half a billion litres of petroleum […] The post We have over N600bn worth of petrol to meet local needs –Dangote appeared first on The Sun Nigeria.

Politics

2 w. ago Sinotruk chairman visits Dangote truck assembly plant, refinery

By Moses Akaigwe     Dangote Sinotruk West Africa Ltd (DSWAL) has continued to receive very  high-profile guests at its assembly plant in Ikeja, Lagos, since the commissioning of the Completely Knocked Down (CKD) assembly lines in June 2024. This time, the largest CKD plant in West Africa played host to the Chairman  of Sinotruk […] The post Sinotruk chairman visits Dangote truck assembly plant, refinery appeared first on The Sun Nigeria.

Politics