KEY POINTS Dangote Petroleum Refinery announced a landmark reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, and unveiled plans to begin direct distribution to filling …
Dangote refinery
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KEY POINTS Since the country’s powerful oil workers’ union, threatened a nationwide strike over the refinery’s proposal to use 4,000 trucks powered by compressed natural gas for fuel distribution, Nigerians …
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KEY POINTS Following reports that suggested repairs could take months, Dangote Petroleum Refinery has denied claims that its gasoline unit was forced into a protracted shutdown, calling the rumors “fake …
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In the NewsMarkets
NUPENG Defies Government, Launches Nationwide Strike Over Dangote Refinery Dispute
KEY POINTS Despite government efforts to prevent a confrontation over alleged anti-labor practices at the massive Dangote Petroleum Refinery, Nigeria’s powerful oil workers’ union, NUPENG, pushed forward with a nationwide …
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KEY POINTS According to official documents seen by Billionaires.Africa, Aliko Dangote’s $20 billion refinery purchased 100,000 barrels of crude worth $7.2 million from the Nigerian National Petroleum Company Limited, NNPC, …
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KEY POINTS Nigeria’s $20 billion Dangote refinery, the largest in Africa, has temporarily shut down one of its key petrol-producing units following a catalyst leak, in a setback for a …
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KEY POINTS Nigeria’s $20 billion Dangote Petroleum Refinery is expanding its crude basket to include Ghana for the first time, a move that signals a more pragmatic approach to sourcing …
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KEY POINTS The rollout of Dangote Refinery’s much-anticipated fuel distribution scheme has hit an unexpected delay, nearly two weeks after its scheduled launch, unsettling petroleum marketers and raising fresh questions …
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In the NewsMarkets
Dangote Refinery Cuts Petrol Ex-Depot Price by ₦30 in Bid to Ease Market Pressure
KEY POINTS Dangote refinery has lowered the wholesale price of gasoline, the second big action in two months to stabilize supply and ease pressure on petrol prices. On Tuesday, Dangote …
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KEY POINTS Oil marketers in Nigeria are sounding the alarm over Dangote Refinery’s plan to distribute fuel directly to end-users, warning that the move could destabilize the downstream petroleum supply …