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Dangote refinery

Tinubu Vows to Crush Terrorism, Banditry as Security Tops Agenda at NEC Conference

KEY POINTS President Tinubu has vowed to defeat terrorism and banditry, describing insecurity as...

Diezani Alison-Madueke’s Bribery Trial Continues in London Over Alleged Oil Contract Kickbacks

KEY POINTS Diezani Alison-Madueke’s bribery and corruption trial is ongoing in London over alleged...

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.

Nigeria Cuts Petrol Imports as Local Refining Rises in December

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

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.

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.

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.

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.

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.

Motorists Urge Dangote Refinery to Expand Cheap Petrol Outlets

Drivers in Abuja urge Dangote Refinery to expand affordable petrol outlets after limited MRS stations hinder access to N739 per litre fuel.

Dangote NMDPRA Dispute Sparks Call for Strong Institutions

Nigeria’s oil workers union urges stronger institutions as tensions between Dangote Group and the petroleum regulator raise governance concerns.

Dangote Slashes Fuel Price, Demands Nationwide Compliance at MRS Stations

KEY POINTS Dangote Refinery has set a new petrol price of ₦739 per litre...

Petroleum Regulator Chief Quits After Dangote Calls for Probe

KEY POINTS Nigerian petroleum regulator resignation followed public scrutiny and investor pressure. Tinubu nominated...

Dangote Lowers Petrol Prices, Fuel Importers Face Billions in Losses

Dangote’s petrol price cut has triggered a price war, cutting pump prices but causing huge losses for importers and fuel marketers.

Latest articles

Tinubu Vows to Crush Terrorism, Banditry as Security Tops Agenda at NEC Conference

KEY POINTS President Tinubu has vowed to defeat terrorism and banditry, describing insecurity as...

Diezani Alison-Madueke’s Bribery Trial Continues in London Over Alleged Oil Contract Kickbacks

KEY POINTS Diezani Alison-Madueke’s bribery and corruption trial is ongoing in London over alleged...

Access Bank Honours Herbert Wigwe and Family Two Years After Tragic Passing

KEY POINTS Access Bank has honoured the memory of its former Group Managing Director,...

Senate Promises Review as Protesters Demand Real-Time Results

The Senate says it will review the real-time electronic transmission clause after protesters demanded stronger electoral safeguards ahead of Nigeria’s 2027 elections.