
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.
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.
Abuja pushes for shift towards value-added exports amid increasing concern about trade imbalance that favours Beijing
Dangote is determined to ensure the success of his refinery.
We will not tolerate deliberate misinformation designed to undermine our operations and mislead Nigerians.
Dangote Petroleum Refinery calls upon marketers to collaborate in this effort to ensure that these benefits are passed on to the Nigerian populace.
Dangote refinery, which has the highest refining capacity in Africa and Europe has disrupted global oil trade and pushed some refineries in Europe out of the market.
The development is directly related to the significant increase in global crude oil prices
The deregulation policy has introduced competition among producers, driving prices lower.
The sale in Naira takes effect from 1 October, the Federal Ministry of Finance said.
A profound shift is occurring in the global refining sector, one which might help redefine Africa’s place in worldwide trade networks