Behind the oily curtain
The new NNPC administration must confront these tough questions about the corporation’s activities and finances
Tag: Dangote Refinery
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FG sells ₦219.38 billion worth of crude oil to Dangote in four months
This decision is necessary to avoid a mismatch between our sales proceeds and our crude oil purchase obligations, which are currently denominated in US dollars.
Dangote Refinery begins nationwide fuel distribution, deploys 4,000 CNG tankers
The initiative, which includes free logistics support, is expected to improve fuel accessibility and reduce transportation costs for end users.
Otedola praises Dangote Refinery as ‘eighth wonder,’ applauds Tinubu’s leadership
A great leader takes people where they may not want to go, but where they need to be. That is the essence of President Tinubu.
Dangote must face energy security home truths
Nigeria’s mega-refinery is traversing the world in search of crude for the majority of its needs and may well export large swathes of its products
Dangote refinery reduces petrol price to N865 per litre
The new price is a reduction of N15 from N880 per litre sold by the facility on Wednesday
Federal Government’s Naira-for-crude deal continues as Dangote Refinery imports 12.6m barrels
The initiative is going to continue because it is now obvious that the policy has a great impact on not just fuel prices, but also on other economic indices. It also positively impacted the FX rate
Nigerians to pay more for petrol as naira-for-crude talks crumble
Immediately after the announcement, the cost of loading petrol at private depots in Lagos jumped to about N900/litre. It was less than N850/litre before the announcement.
Nigeria courts Chinese investment as interest booms in oil, gas and bigger opportunities
Abuja pushes for shift towards value-added exports amid increasing concern about trade imbalance that favours Beijing
Dangote: $23bn refinery biggest risk of my life
Dangote is determined to ensure the success of his refinery.