Browsing Tag
Dangote Refinery
47 posts
Dangote Refinery Reduces Petrol Price to ₦1,075, Allows Open Access to Marketers
Dangote Refinery has dropped its petrol price to ₦1,075 per litre and removed restrictions on who can purchase its product, aiming to boost market competition and supply availability.
Afreximbank Chief Urges African Nations to Stop Raw Lithium Exports and Launch EV Battery Manufacturing
Afreximbank President Dr. George Elombi is calling for a shift in African economic strategy, urging nations to manufacture EV batteries locally rather than exporting lithium, while criticizing biased international rating agencies.
IPMAN Clarifies Status of Fuel Sales Amid Market Deregulation
IPMAN officials have denied reports of a fuel sales halt, emphasizing that the current deregulated market environment allows for independent procurement and pricing strategies.
MRS Filling Stations Lower Petrol Prices for Second Time in a Fortnight
MRS filling stations in Abuja have cut petrol prices by N50 per liter, marking their second reduction in two weeks as global crude oil prices soften.
Enahoro Ojiefoh Predicts Fuel Price Decrease in Coming Weeks
Former Commissioner Enahoro Ojiefoh projects that fuel prices in Nigeria will likely decrease within the next two to three weeks once existing stocks are sold off.
Dangote Refinery and Congo’s National Oil Firm Discuss Energy Partnership
SNPC and Dangote Refinery are in talks to form a strategic partnership aimed at boosting regional energy security and refining capacity across Africa.
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.