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Dangote Sells Refined Petrol Meant for Nigeria to International Market in Dollars

New details reveal that Dangote Refinery has signed a contract with Vitol to supply five cargoes, each containing 38,000 metric tonnes of refined...

Dangote Refinery to
BusinessNews

Dangote Refinery Refutes Claims of Fuel Loading Delay, Urges Marketers to Pay Directly

Dangote Petroleum Refinery has clarified that it is not responsible for any challenges experienced by members of the Independent Petroleum Marketers Association of...

Dangote Refinery Accuses Int'l Oil Companies Of Price Manipulation
BusinessNews

Ghana Eyes Cheaper Fuel Import from Dangote Refinery, Aiming to Cut $400M Monthly European Imports

Ghana plans to source petroleum products from Nigeria’s Dangote Petroleum Refinery once it operates at total capacity, potentially ending its $400 million monthly...

Dangote Refinery to
FinanceNews

Dangote Refinery Starts Direct Sales of Petrol to Oil Marketers, As NNPC Quits Intermediary Roles

The Dangote Petroleum Refinery has commenced direct supply of petrol to oil marketers without the involvement of the Nigerian National Petroleum Company Limited...

Dangote Refinery to
BusinessNews

Dangote Refinery to Negotiate New Fuel Pricing with Oil Marketers

Dangote Refinery will meet with the Nigerian Petroleum Marketers on Tuesday and Wednesday to negotiate new fuel pricing. Chinedu Ukadike, the spokesperson for...

News

NNPC Increases Pump Price After Terminating Exclusive Agreement With Dangote Refinery

The Nigerian National Petroleum Company Limited (NNPCL) has reportedly increased the pump price of petrol at its retail outlets. Premium Times reported that...

NNPC Petrol Dangote
News

Dangote Refinery: Reps Back Independent Marketers’ Request To Boycott NNPC

The House of Representatives has backed the request of independent oil marketers to boycott the Nigerian National Petroleum Company Limited and lift petrol...

NNPC Petrol Dangote
News

Marketers Renew Efforts To Lift Dangote Petrol Directly, Boycott NNPC

Marketers of petroleum products are in talks with the management of the Dangote refinery about the possibility of lifting premium motor spirit (petrol)...

Afreximbank and other settlement banks in Nigeria will facilitate the trade between Dangote and NNPC Limited. The game changing intervention will eliminate the need for international letters of credit. It will also save the country of billions of dollars used in importing refined fuel.
News

Reps Minority Caucus Rejects NNPCL-Dangote ‘Exploitative’ Fuel Price

The minority caucus of the Nigerian House of Representatives has rejected the pump prices of petrol recently announced by the Nigerian National Petroleum...

NNPC Petrol Dangote
News

JUST IN: Dangote Refinery Denies Selling Petrol to NNPCL at N898 Per Litre

The Dangote Refinery has denied claims that it sold premium motor spirit (PMS), commonly known as petrol, to the Nigerian National Petroleum Company...

Barely weeks after declaring a net profit of N3.3 trillion in the 2023 financial year, with a purported increase of over N700 billion (28%) when compared to the 2022 profit of N2.548 trillion, NNPC has announced it is under intense financial pressure.
News

We Purchased Fuel from Dangote Refinery at N898 Per Litre — NNPC

The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that it purchased premium motor spirit (PMS), commonly known as petrol, from Dangote Refinery...

Dangote-NNPC
BusinessNews

Dangote Refinery Begins First PMS Load Amid IPMAN’s Call for Direct Sales to Marketers

The Dangote Refinery in Lagos has commenced the loading of its first batch of Premium Motor Spirit (PMS). This move comes as the...