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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.
BusinessNews

NNPC Requests Permanent Office Space at Dangote Refinery for Staff

The Nigerian National Petroleum Corporation (NNPC) has requested office space for six to 10 of its staff at the Dangote Refinery as part...

NNPC Petrol Dangote
News

We Are Exporting Our Diesel, Jet Fuel As Local Marketers Refuse To Patronise Us – Dangote

The management of the Dangote Refinery has said that it has been exporting diesel and jet fuel produced by the refinery as many...

NNPC Petrol Dangote
News

NNPC Yet To Lift Our Petrol, Negotiations Still Ongoing – Dangote

Dangote Group has clarified media reports that the Nigeria National Petroleum Company (NNPC) is lifting petrol from its refinery at N897 per litre....

NNPC Petrol Dangote
News

Amidst Scarcity, Dangote Refinery Set to Begin Sales of Its Petrol

Dangote Refinery has announced the production of its first batch of Premium Motor Spirit (PMS), commonly known as petrol, from its 650,000 barrels...

S’African Johann Rupert Overtakes Dangote To Become Africa's Richest Man
FinanceNews

S’African Johann Rupert Overtakes Dangote To Become Africa’s Richest Man

South African billionaire Johann Rupert has overtaken Nigeria’s Aliko Dangote to become Africa’s richest person. This is according to the latest Bloomberg Billionaires...

NNPC Petrol Dangote
News

Fuel Exports From Dangote Refinery Displace European Sellers In Singapore

Fuel oil exports from Nigeria’s Dangote Refinery are displacing European sellers in the world’s largest bunkering hub, Singapore, increasingly meeting demands in the...

NNPC Petrol Dangote
News

Dangote Refinery Denies Partnership with IPMAN, Clarifies Petrol Price Speculation

The management of Dangote Refinery has refuted claims of a fixed petrol price of ₦600 per litre, labelling the reports as “speculative announcements”...

Dangote Refinery Atiku Nigerians
News

Do Not Allow Internal, External Forces Prevent The Success Of The Dangote Refinery – Atiku Tells Nigerians

Former Vice President Atiku Abubakar has called on Nigerians not to allow internal and external forces to prevent the country from reaping the...

Hundeyin Dangote Refinery Dialogue Earth
News

West Africa Weekly’s Founder, David Hundeyin, Rejects N800,000 Offer From Foreign NGO, Dialogue Earth, To Write Article Attacking Dangote Refinery

West Africa Weekly founder and multiple award-winning Investigative journalist, David Hundeyin has publicly rejected a $500 offer by an international NGO, Dialogue Earth,...

NNPC Petrol Dangote
Business

Dangote Refinery Will Disrupt European Oil Market with Increased Diesel, Jet Fuel Exports — OPEC

The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria’s Dangote Refinery and Petrochemicals will disrupt Europe’s oil market, particularly in the...

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

Tinubu Offers Dangote Refinery Naira-Settled Crude Supply 

The Federal Executive Council (FEC) has adopted a proposal by Tinubu to sell crude oil to the Dangote Refinery and other refineries in...

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

Dangote Refinery Re-selling Some Earlier Purchased U.S. Crude – Reports

Dangote Refinery is allegedly re-selling some United States crude it had purchased to feed its plant, a top official of the refinery said...