Petroleum products marketers in Nigeria have hinted that they are on track to losing billions of naira following the ex-depot premium motor spirit price reduction announced by Dangote Refinery on ...

FG's naira-for-crude program may continue, as evidenced by those familiar with the situation insisting that all parties to the arrangement would reconvene shortly.

In a move poised to relieve consumers, the Dangote Petroleum Refinery has reduced its ex-depot petrol price from ₦880 to ₦865 ...

In a bid to ease the burden on consumers, Dangote Refinery has cut the ex-depot price of Premium Motor Spirit (PMS) to ₦835 per litre—a ₦30 drop from the ₦865 price just six days ago. This marks ...

The Dangote Petroleum Refinery and some modular refineries in Nigeria may spend about $8.56bn to import an estimated 122,400,000 barrels of crude oil to achieve full operational capacity in six ...

He also emphasises that Nigerians will have to buy petrol at N1,000 per litre in the coming days based on the outcome of the Naira-for-crude deal discussion between Dangote Refinery and the ...

A Federal High Court in Abuja has dismissed the Nigerian National Petroleum Company Limited’s objection to a ₦100 billion import licence lawsuit filed by Dangote Petroleum Refinery and ...

Dangote Petroleum Refinery and Petrochemicals yesterday slashed the ex-gantry price of its premium motor spirit (PMS) (petrol) from N880 to NN865 per litre. The reduction, The Nation gathered ...

Nigeria’s Dangote refinery temporarily halted gasoline sales in naira to avoid losses stemming from a disparity between what it sells in the local currency and the oil that it buys in dollars ...

LAGOS, March 19 (Reuters) - Nigeria's huge Dangote Petroleum Refinery announced on Wednesday that it was temporarily suspending fuel sales in the local naira currency to avoid a mismatch between ...

The reduction comes shortly after a meeting between officials from the Dangote Refinery and the Minister of Finance, Wale Edun, held on Tuesday. Abuja doctor reveals a unique way to permanently ...

The Federal High Court in Abuja has dismissed the objections raised by the Nigerian National Petroleum Company Limited, NNPCL, against the N100B suit instituted by Dangote Refinery and ...