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We’ve enough fuel to meet Nigerians’ need — Dangote refinery
Alhaji Aliko Dangote, President of the Dangote Group, has announced that the Dangote Petroleum Refinery currently holds over 500 million...
Read moreFAAC report indicates N13.7tn Federation Account revenue is withheld by NNPCL
The Nigerian National Petroleum Company Limited has withheld a staggering N13.763tn in revenue from the Federal Government, exacerbating struggles to...
Read moreFG confirms importation of 25m litres of petrol daily
On Wednesday, the Federal Government announced that Nigeria’s daily petrol consumption has decreased to 50 million litres, with local refineries...
Read moreMarketers with imported fuel fear losses over Dangote’s price slash
The decision by Dangote Petroleum Refinery to lower the ex-depot price of Premium Motor Spirit (petrol) on Saturday night has...
Read moreNaira rises to N1,493/$ in official market
The Naira yesterday appreciated to N1,493 per in the official foreign exchange market. Data published by the Central Bank of...
Read moreDangote refinery plans crude import, projects 650,000bpd June
The Dangote Petroleum Refinery is set to import additional crude oil as the supply from the Nigerian National Petroleum Company...
Read moreDangote refinery petrol production affecting European markets – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) has highlighted the impact of the Dangote Petroleum Refinery on the Premium...
Read morePetrol to cost more as depot owners raise price to N950/litre
The Premium Motor Spirit, PMS, also known as petrol would likely cost more as depot owners have increased prices by...
Read moreCBN suspends extension of export proceeds on behalf of exporters
The Central Bank of Nigeria (CBN) has announced the suspension of the extension of export proceeds by banks on behalf...
Read morePMS price remains N1,025 per litre despite Dangote Refinery slash
The recent reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, by Dangote Petroleum Refinery...
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