Nigeria has recorded the highest gasoline price increase among major African economies, with petrol prices rising to around ₦1,400 per litre despite the commencement of large-scale...
Petrol prices in Nigeria have surged by over 50 percent as the country sharply reduces its dependence on imported fuel. Recent data indicates that fuel imports...
Nigeria has halted the issuance of new petrol import licenses in a move that signals a strategic shift toward strengthening domestic refining capacity and reducing reliance...
Petrol prices in Nigeria have climbed further after the Dangote Petroleum Refinery increased the gantry price of Premium Motor Spirit (PMS) to ₦1,175 per litre. The...
Dangote Petroleum Refinery has increased its ex-depot price of Premium Motor Spirit (PMS) to ₦874 per litre, representing a ₦100 adjustment from the previous ₦774 rate....
Dangote Petroleum Refinery has entered into a structured distribution agreement with 12 major petroleum marketing companies to supply up to 65 million litres of Premium Motor...
Dangote Petroleum Refinery has raised the ex-gantry price of Premium Motor Spirit (PMS), commonly known as petrol, by ₦100 per litre to ₦799, a move expected...
Nigeria recorded an estimated N1.58 trillion in petrol spending during the recent holiday period as increased mobility drove increased fuel consumption. The surge in spending reflects...
Dangote Refinery has aligned daily fuel production with evacuation capacity, achieving matched offtake of about 50 million litres per day, a development that underscores growing operational...
Nigeria’s downstream fuel market is undergoing a structural shift as independent petroleum marketers increasingly source Premium Motor Spirit (PMS) directly from the Dangote Refinery as they...