Browsing Tag
Dangote Refinery
21 posts
Nigerian Petrol Stations Prepare for Price Cuts Toward N1,000 per Litre
Fuel retailers in Nigeria are adjusting petrol prices downward, with expectations of reaching N1,000 per litre as global crude costs stabilize.
Nigerian Government Pressures Marketers to Lower Petrol Prices Amid Global Market Shifts
The Nigerian government has directed regulators to prevent price exploitation by fuel marketers, as domestic pump prices remain high despite a significant decline in global crude oil costs.
Energy Expert Explains Why Petrol Prices Remain High Despite Falling Crude Costs
Petroleum economics expert Prof. Wumi Iledare clarifies that fuel prices do not instantly fall with crude oil due to inventory costs, exchange rate volatility, and market-driven pricing structures.
Dangote Refinery Lowers Fuel Prices Once More
Dangote Refinery has slashed its petrol gantry price by N50, bringing the rate to N1,125 per litre as global crude prices stabilize.
Dangote Refinery Rejects Claims of Exporting and Re-importing Fuel
Dangote Refinery denies allegations that it exports fuel to neighboring countries only to re-import it, asserting that its primary focus remains the local Nigerian market.
Dangote Refinery Rejects Allegations of Fuel Export and Re-import Schemes
Dangote Refinery has formally denied claims that it exports petroleum products to Lomé for re-importation, citing logistical costs and strict contractual prohibitions.
Dangote Refinery Rejects Allegations of Re-importing Fuel into Nigeria
Dangote Refinery has officially dismissed reports claiming it engages in a fuel export and re-importation scheme, citing logistical costs and contractual prohibitions as evidence against such practices.
Dangote Refinery Dismisses Claims of Fuel Export and Re-importation to Nigeria
Dangote Refinery has officially dismissed rumors regarding the export of its products to Togo for re-importation, citing significant logistical costs and a commitment to domestic energy security.
SEC Prohibits Unauthorized Dangote Refinery IPO Promotions
The SEC has issued a ban on the marketing of a purported Dangote Refinery IPO, stating that no such offering has been registered or approved by the regulator.
Fuel Prices Drop at Nigerian Stations Following Dangote Refinery Adjustments
Several Nigerian fuel stations have lowered pump prices by up to N55 per litre, following recent pricing adjustments at the Dangote Refinery.