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Dangote refinery

News

Lagos Govt Probes Collapse of School Building in Ogba as Injured Students Receive Treatment

KEY POINTS No deaths recorded after a four-storey building housing a private school collapsed...

March 10, 2026

News

Zamfara Governor Dauda Lawal Defects from PDP to APC Amid Party Crisis

KEY POINTS Zamfara Governor Dauda Lawal has defected from the PDP to the APC...

March 10, 2026

Business

Dangote Refinery Listing Could Double Nigeria Market Value

Bismarck Rewane says a Dangote Refinery listing could more than double Nigeria’s stock market value, marking a defining moment for the Nigerian Exchange.

January 26, 2026

News

Nigeria Cuts Cooking Gas Imports As Local Plants Supply 87%

Nigeria produced 87 percent of its cooking gas in 2025 as local refineries cut imports and improved supply nationwide.

January 21, 2026

News

Petrol Imports Dominate Nigeria Despite Rise In Local Refinery Output

Nigeria relied on imported petrol for 62% of fuel in 2025, with local refineries supplying only 38 percent of demand.

January 19, 2026

Business

Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...

January 17, 2026

Business

CBN Sees Nigeria Petrol Prices Rising Toward ₦950 in 2026

Nigeria’s central bank says petrol prices could average about ₦950 per litre in 2026, reflecting oil price assumptions, exchange rate trends and refining capacity.

January 10, 2026

News

Dangote Refinery Sells Petrol Directly To Marketers After Depot Deal Fails

Dangote cuts petrol price, sells directly to independent marketers after depot deal fails, aiming to ease fuel supply issues.

January 9, 2026

Business

Dangote Refinery Warns of Steep Petrol Price Surge

Dangote Refinery says petrol prices could hit ₦1,400 per litre without domestic refining, warning that heavy import reliance leaves Nigeria exposed to sharp fuel cost swings.

January 8, 2026

Business

Nigeria Petrol Price War Deepens as MRS Pushes Cuts

Aggressive fuel discounts by MRS Oil following Dangote refinery cuts are forcing NNPC and rivals to slash prices, intensifying competition across Nigeria’s petrol market.

January 5, 2026

Business

Nigeria Petrol Supply Rises Despite Dangote Refinery Falling Short

Nigeria’s fuel regulator says petrol supply increased in November despite lower than expected output from the Dangote Refinery, with imports accounting for most of the surge.

December 30, 2025

Business