Dangote Refinery's free petrol delivery initiative praised by marketers for easing operational pressuresIPMAN highlights potential for lower pump prices and improved cash flow for marketers and consumersCall for expanding delivery scheme to northern states for uniform petrol pricing across NigeriaPAY ATTENTION: Mark Le…

…stressed the need to protect investments in domestic refineries, including the Dangote Refinery and Waltersmith refinery, while encouraging greater value addition through petrochemicals and gas processing. On the industry’s broader outlook, PENGASSAN said Nigeria’s fundamental problem was not a shortage of resources, l…

…changes in Nigeria's petroleum sector as a reason the old model can no longer apply. The Dangote Refinery now supplies a significant volume of locally refined petrol, a development Onanuga said would not have happened under a subsidy regime. He argued that Atiku's proposal, if implemented, would threaten smaller domest…

…refiners. At the level of refinery participation, the statistics showed that the Dangote Refinery required 63 million barrels in Q2, while producers offered 68.1 million barrels. The 68.1 million barrels offered to the Dangote Refinery by producers represented 98 per cent of all offered volumes. Eventually, the Dangote…

…making Atiku’s promise difficult to actualise. “Is he going to give fuel subsidy to the Dangote Refinery? The fuel produced by Dangote Refinery, is it not going to be impossible? Tell people the simple truth,” he said. Wike added that a more honest position would have been to argue for better utilisation of savings fro…

…seen on Thursday confirmed the new gantry rate.Diesel users face higher costs as Dangote Refinery raises its gantry price to N1,670 per litre Photo: BloombergImagesHow Dangote's New Price ComparesAt N1,670 per litre, the refinery's diesel price sits N21 above the current diesel landing cost of N1,649 per litre, Petrole…

Dangote Refinery expands free petrol delivery to 10 states, lowering ex-depot price to ₦1,165 per litreEligible bulk fuel buyers can benefit from a 10-day credit facility and reduced transportation costsChanges aim to enhance competition and affordability in Nigeria's petroleum market while improving access to refined…

…Motor Spirit, PMS, pump prices by between N35 and N90 per litre, about three weeks after Dangote Refinery’s gantry price reduction. Checks by DAILY POST showed that MRS, Nigerian National Petroleum Company Limited (NNPCL), AA Rano, Nigerian Independent Petroleum Company (NIPCO), Emedab and other filling stations in Abu…

…difference between Dangote’s supply rates and competing depot prices.Marketers turn to Dangote Refinery amid high depot prices ImagesDangote’s gantry prices have remained at ₦1,165 per litre for Premium Motor Spirit (PMS) and ₦1,570 per litre for AGO, keeping the refinery among the most competitive sources for bulk buy…

…man Aliko Dangote, operates one of the largest oil refineries on the continent. The Dangote Refinery, located in Lagos, has a processing capacity of 650,000 barrels of crude oil per day, making it a landmark project in Nigeria's energy sector.LinkedIn users celebrate Respect Augustine's appointmentThe announcement attr…

…other major outlets.Motorists rush to buy as NNPC petrol stations sell cheaper fuel than Dangote Refinery partner stations ImagesThe modest price difference has become significant for motorists battling rising transportation and living costs, particularly as petrol prices remain sensitive to changes in crude oil prices…

…of definitive documentation and compliance with applicable securities laws. The post Dangote Refinery IPO gets $1bn underwriting backing from Marob, Lilium appeared first on Vanguard News.

…put the spot landing cost of imported petrol at N1,218.54 per litre as of August 13Dangote Refinery's gantry price of N1,165 per litre sits N53.54 below what it costs to import the same productThe price gap also extends to diesel, where Dangote's AGO price undercuts the import-parity estimatePAY ATTENTION: Mark Legit.n…

…LPG, popularly known as cooking gas, is expected to become cheaper across Nigeria after Dangote Refinery, marketers and depot owners reviewed their prices downward. A market survey by DAILY POST showed that Dangote Refinery reduced its LPG gantry price by N30 to N950 per kilogram. In a swift market reaction to Dangote…

…public offering (IPO) by the multibillion-dollar refinery. The post SEC receives $5bn Dangote Refinery IPO application, Nigerians set to buy stake appeared first on Tribune Online.

Dangote Refinery reduces LPG price to ₦950/kg, offering relief for households and businesses11 Plc follows suit, cutting LPG rate to ₦980/kg, highlighting price competition among suppliersRainoil and PPMC maintain prices, indicating mixed movements in the LPG market despite recent reductionsPAY ATTENTION: Find it f…

…loss as NGX reverses gain Domestic crude must be available and commercially viable - Dangote Refinery Dollar to Naira exchange rate today, August 11, 2026: Nigerian Naira depreciates, reverses gain Gas flaring: CSOs raise concern over poor enforcement of Methane emission laws in Nigeria Heirs Life Assurance appoints Pa…

…oil to domestic refineries.Rabiu Umar, NMDPRA chief executive officer (CEO), said the Dangote refinery is helping to increase Nigeria's domestic refining capacity, particularly with its plan to double its processing capacity to 1.4 million barrels per day. Umar said the authority is working to address crude oil supply…

President Bola Tinubu has explained that he supported the Dangote Refinery to encourage the private sector to invest more in the nation’s economy. Tinubu said this on Thursday at a meeting with the board and management of the Nigerian Exchange Group at the Presidential Villa, Abuja. Recounting his conversation with the…

…African countries have adopted, has also supported local refining capacity, such that Dangote Refinery has become a net exporter of PMS and aviation fuel. “Manufacturing and industrial companies similarly benefited from improved access to foreign exchange and a more predictable currency market,” the presidency stated.…

…petrol prices at its retail stations.This followed a reduction in the ex-depot price by Dangote Refinery.The refinery cut its gantry price by N85, from N1,285 to N1,200 per litre, prompting NNPC retail outlets to reduce their pump price by N75, with petrol selling at N1,255 per litre instead of N1,330.

…role in ensuring supply diversity and sustaining competitive market conditions. “While Dangote Refinery maintains that imports should be banned where sufficient domestic supply exists, the Federal Government has consistently maintained that preserving its authority to issue import licences is essential to managing the…

…petrol, to all licensed marketers, ending its previous consortium marketing arrangement.Dangote Refinery also reduced its ex-gantry PMS price and aligned its coastal loading price with the ex-gantry price, eliminating the previous pricing difference between the two channels.The refinery said all qualified marketers can…

Dangote Refinery is expected to consume about 2.5 per cent of globally traded crude oil at full capacity, its President and Chief Executive Officer, Aliko Dangote, has disclosed. Dangote made the disclosure while receiving the Minister of State for Industry, Senator John Owan Enoh, who led a high-level delegation from…

…regulator to move the application forward. The SEC says it sees no regulatory hurdles as Dangote Refinery advances plans for its highly anticipated public listing. Photo: BloombergImagesHe added that the commission does not foresee any delays that could disrupt the planned share sale.Agama told BusinessDay:PAY ATTENTIO…