Connect with us
Private oil depots across Nigeria have raised the price of Premium Motor Spirit (PMS), also known as petrol, to ₦900 per litre this weekend. Naija News...
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged Nigerians to remain calm and avoid panic buying despite concerns surrounding the naira-for-crude deal...
The Presidency has refuted claims that the government of Nigeria under President Bola Tinubu is the force against Dangote refinery. Naija News reported that Dangote Group,...
The spokesman of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Chinedu Ukadike, has said the halt in the naira-to-crude deal between Dangote Refinery and the...
The depreciation of the Nigerian currency, the Naira, against the United States (US) dollar persisted yesterday, with the naira trading at ₦1,540.57 in the official market....
The Federal Government’s Naira-for-crude panel is set to reconvene on Monday to deliberate on the continuation of its crude supply agreement with Dangote Refinery, amidst ongoing...
The Dangote Petroleum Refinery has temporarily ceased selling petroleum products in naira as the naira-for-crude negotiations between the $20 billion Lekki-based facility and the Nigerian National...
The Management of Dangote Refinery has said it would stop selling petrol in Nigeria to avoid a mismatch between its sales proceeds and crude oil purchase...
Dangote Refinery is set to suspend the supply of petroleum products to the Nigerian market following stalled negotiations over the naira-for-crude agreement. However, sources familiar with...
The landing cost of imported premium motor spirit (PMS) has fallen to ₦797.66 per litre due to the ongoing competition among petroleum marketers. Naija News reports...
A Federal High Court sitting in Abuja on Tuesday dismissed an application by the Nigerian National Petroleum Corporation Limited (NNPCL), which sought to query the court’s...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied allegations that it opposed the recent reduction in Premium Motor Spirit (petrol) prices by Dangote Refinery...
The ongoing price war between Dangote Petroleum Refinery and the Nigerian National Petroleum Corporation Limited (NNPCL) has forced oil marketers to scale down fuel purchases, as...
The Dangote Petroleum Refinery has implemented a price reduction at its loading gantry, reducing the loading cost of its petrol from ₦825 per litre to ₦815...
The Nigeria National Petroleum Company Limited (NNPCL) has explained that it did not unilaterally terminate the crude-for-naira agreement between it and Dangote Refinery. The national oil...
The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has said the price of Premium Motor Spirit (PMS), popularly called fuel, would continue to decline...
The Petroleum Retailers Outlet Owners Association of Nigeria (PETROAN) has commended Dangote Refinery and Nigeria National Petroleum Company Limited (NNPCL) for the reduction of fuel prices....
The Dangote Petroleum Refinery has announced plans to refund customers who purchased Premium Motor Spirit (PMS) at rates higher than the newly reduced prices from its...
Aliko Dangote has assured that the Dangote Petroleum Refinery has sufficient Premium Motor Spirit (PMS), commonly known as petrol, in storage to meet Nigeria’s demand. Speaking...
Nigerian billionaire businessman, Aliko Dangote, has opened up on the challenges of building and running his refinery. Dangote disclosed that one of the challenges in the...