The Dangote Petroleum Refinery has reduced its ex-gantry price of Premium Motor Spirit, popularly known as petrol, from N1,125 per litre to N1,075 per litre, The PUNCH reports. The latest adjustment represents a N50, or 4.4 per cent, reduction from the previous price and is expected to further intensify competition in…
***Dangote Refinery determines price changes - Marketers ***NLC blames govt for fuel price standoff By Udeme Akpan, Energy Editor, Victor Young, Ediri Ejoh & Obas Esiedesa LAGOS - The Federal Government has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to ensure petroleum market…
The anti-graft agency is preparing to prosecute some former and serving officials of the NNPC and contractors over alleged abuse of office, money laundering and contract fraud.
Dangote Refinery has again reduced its gantry petrol price nationwide to N1,125 per litre from N1,175 per litre. The spokesperson of Dangote Group, Anthony Chijiena, confirmed the latest reduction to DAILY POST on Thursday. This means that the refinery dropped its petrol gantry price by N50 per litre. “It is true our p…
…any promotional materials relating to the acquisition or allocation of shares in the refinery. The Commission also instructed operators to remove all such content from websites, social media platforms including X, LinkedIn, Instagram and Facebook, as well as messaging groups, within 24 hours. In addition, the regulator…
…in Ukraine. The attacks come days after a drone strike targeted Moscow's only oil refinery, one of the largest aerial assaults on the Russian capital since the start of Russia's full-scale invasion of Ukraine in 2022. Ukraine hits missile electronic plant in Russia
…highlighted ongoing infrastructure projects such as the Lekki Deep Sea Port, Dangote Refinery, Lagos International Financial Centre project, and the Lagos-Calabar Coastal Highway, describing them as key to strengthening Lagos' global competitiveness. He added that Lagos is working with neighbouring South-West states to…
…filling stations have finally reduced their fuel pump price, five days after Dangote Refinery’s gantry price cut. A market survey by DAILY POST on Sunday morning showed that Eterna, NIPCO, AA Rano and Ranoil filling stations have all dropped their fuel pump price to between N1,280 and N1,300, from N1,340 per litre in A…
…17.34% yield on offer. The third factor relates to developments surrounding the Dangote Refinery private placement. Market participants say some investors have been raising liquidity to participate in what is expected to be one of the largest corporate capital raises in Nigeria's history. Sources familiar with the tran…
Governor Abiodun dismissed allegations linking him to the relocation of the Dangote Refinery from Ogun State to Lagos, insisting that the decision was taken before he assumed office,
The latest adjustment comes days after the refinery reduced the ex-depot price of petrol.