Browsing Tag
Dangote Refinery
66 posts
International Crude Oil Markets Experience Downturn
Global oil benchmarks fell nearly one percent on Wednesday amid Middle East tensions, while Nigerian domestic fuel prices remained stable despite recent shifts in refining and distribution.
S&P Global Reports Dangote Refinery Acts as Buffer Against Global Fuel Price Volatility
A report from S&P Global reveals that the Dangote Refinery is keeping Nigerian fuel prices stable by absorbing global cost increases and setting a domestic price ceiling that prevents import-driven inflation.
IPMAN Urges Federal Government Action as Dangote Refinery Shifts to Dollar-Based Sales
IPMAN warns that fuel prices could surge after the Dangote Refinery ended its naira-for-crude sales agreement, prompting calls for government intervention.
Nigeria Petrol Prices Drop Following Crude Oil Market Trends
Fuel prices in Nigeria are witnessing a sustained decline as global crude oil rates ease, with retail costs in Abuja dropping significantly over the past three weeks.
Depot operators align petrol prices with Dangote Refinery rates
Petroleum depot owners have lowered their ex-depot petrol prices to N1,075 per litre to match the rates recently established by the Dangote Refinery.
Dangote Refinery adjusts petrol rates downward while diesel costs climb
Dangote Refinery slightly lowered its ex-depot petrol price, while diesel costs saw significant increases across several Lagos depots amid rising global crude oil prices.
Dangote Refinery Lowers Petrol Ex-Depot Price by N175
Dangote Refinery has dropped its ex-depot petrol price by N175 per litre, marking the fourth reduction in three weeks as global crude prices tick upward.
Nigerian petrol stations lower fuel costs again
Petrol stations in Abuja have lowered prices for the second time this week, tracking reductions initiated by the Dangote Refinery.
Dangote Refinery implements fourth fuel price cut in one month
The Dangote Refinery has cut petrol prices for the fourth time in a month, marking a cumulative reduction of N200 per litre as it seeks to stabilize local energy costs.
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.