Bella Ifasola The Independent petroleum marketers in Nigeria have stated that the upcoming Dangote Petroleum Refinery will offer Premium Motor Spirit (PMS), also known as petrol, at prices ranging from…
Agency Report David Hundeyin has narrated how he defiantly turned down an N800,000 offer from an international NGO; Dialogue Earth to write a critical article on Nigeria’s sole operating oil…
This is according to a Friday statement Bella Ifasola Dangote Petroleum Refinery purchases Nigerian crude from international traders at a premium of $3 to $4 per barrel, translating to an…
Aliko Dangote had accused Nigerian authorities and International Oil Companies (IOCs) of frustrating crude supply to his $20 billion refinery sited at the Lekki Free Trade Zone in the outskirt…
Bloomberg A standoff is building between Africa’s richest man and the president of the continent’s most populous economy. Stung by accusations from his home nation’s government that he’s seeking a…
Morakinyo Akinosun The president of the African Development Bank Group, Akinwumi Adesina, has spoken out in defence of the Dangote Refinery, addressing concerns about potential monopolistic practices. In a statement…
Aliko Dangote, Nigerian billionaire businessman and industrialist has accused some people in the Nigerian National Petroleum Corporation (NNPC) of importing fake petrol products into the country. Dangote made this known…
Morakinyo Akinosun LAGOS – Nigerian state-owned oil firm NNPC shareholding in Dangote refinery has been whittled down to 7.2% from 20% after failing to pay the balance of funding owed,…
Bloomberg Nigeria’s giant new refinery in Lagos is to import a cargo of Brazilian crude, adding to the large number of overseas barrels that Africa’s biggest oil-producing nation is taking.…
