KEY POINTS The price of Premium Motor Spirit (PMS), which is also known as petrol, has gone up by ₦100 per litre across Nigeria. This is a big change in …
Dangote refinery
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In the NewsMarketsOil & Gas
Dangote Refinery IPO Could Lift Nigeria’s Stock Market Beyond $140 Billion
KEY POINTS A planned initial public offering (IPO) of Aliko Dangote’s $20 billion Dangote Petroleum Refinery could dramatically expand the size of Nigeria’s capital market, potentially pushing total stock market …
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KEY POINTS Aliko Dangote, Africa’s richest man, is seeing his huge refinery in Lagos become more important around the world as refineries close in Europe and North America. According to …
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Nigeria’s petrol supply jumped in December as Dangote Refinery raised output, improved utilisation, and supported higher fuel sufficiency nationwide
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KEY POINTS Dangote Petroleum Refinery has denied claims that a surge in petrol imports late last year followed a breakdown in supply arrangements between the refinery and petroleum marketers. The …
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In the NewsOil & Gas
Dangote Refinery Warns Petrol Prices Could Hit N1,400 if Nigeria Leans on Imports
KEY POINTS Dangote Refinery has warned that Nigeria’s fuel prices could more than double if the country keeps relying on imported petrol instead of refining it at home. This has …
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Nigeria’s oil and gas sector improved activity levels in 2025, but weak crude output, higher gas flaring and supply disputes weighed on overall performance
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MRS Oil Nigeria is selling petrol sourced from Dangote’s refinery at sharp discounts, forcing NNPC and rivals to cut prices across Lagos and beyond
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Dangote Refinery says petrol prices could climb to N1,400 per litre without local refining, rejecting shutdown rumours and citing steady output and ample stock
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KEY POINTS Reports that the Dangote Petroleum Refinery is closing down for maintenance have been denied by the company, which calls the claims false and says they could hurt the …