…Refinery’s petrol supply rose by 39% to 35.9 million litres daily, while Nigeria’s petrol imports fell by 26% to 14.6 million litres per dayThe refinery recorded 105.21% average capacity utilisation and produced petrol, diesel and aviation fuel for both local consumption and exportPAY ATTENTION: Find it fast with our n…

…As petrol imports dips 26% to 14.6m litres By Obas Esiedesa & Ediri Ejoh Crude oil receipts by Nigerian domestic refineries increased by 16.75 percent in August 2026, rising to 683,000 barrels per day (b/d) from 585,000b/d in July, according to the latest data from the Nigerian Midstream and Downstream Petroleum Regul…

…The increase in consumption, however, was far smaller than the 207 per cent jump in petrol imports. As a result, the country’s petrol stock position improved during the month. PMS stock sufficiency rose from 16.2 days in May to 19.7 days in June. This represented an increase of 3.5 days, or 21.6 per cent. The improveme…

Nigerian fuel importers are under growing pressure as rising international petrol prices increase landing costsDangote Refinery's pricing has effectively set a price ceiling in Nigeria, leaving importers unable to pass on higher costs to marketersS&P Global Commodity Insights said arbitrage opportunities from Lomé have…