dangote refinery

The Digest: The Nigerian National Petroleum Company Limited (NNPCL) has reduced its fuel pump price to ₦890 per litre in Abuja, following a price cut by the private Dangote Refinery. This downward shift, a clear example of the Market's Ripple, signals a new era of price competition and market...

The Digest: Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N850 to N820 per litre. The move, effective from August 12, 2025, is part of the company’s commitment to national development. Key Points...

The Digest: The Dangote Petroleum Refinery has officially debunked recent rumors of a shutdown, reaffirming that its operations are running smoothly and uninterrupted. The refinery's management issued a statement assuring the public and stakeholders that production and truck loading activities...

The Digest: Dangote Refinery has raised the ex-depot price of Premium Motor Spirit (PMS) from N820 to N850 per litre, marking a N30 hike. This comes after the refinery resumed its petrol sales following a suspension, pushing petrol marketers to pay more for supplies. The price rise will lead...

The Dangote Refinery has appointed David Bird, a seasoned veteran with over three decades of experience in the oil and gas sector, as its new Chief Executive Officer. This strategic leadership change comes as the company focuses on maximizing the refinery's output, resolving production...

The Digest: Filling stations across Nigeria, including Empire Energy and Ranoil, have raised fuel prices following an increase in ex-depot rates set by Dangote Refinery and other depot owners. This price surge is driven by the impact of exchange rates and global crude oil prices. Key Points...

The Digest: Dangote Petroleum Refinery and Petrochemicals has appointed David Bird, former head of Oman’s Duqm Refinery, as its new CEO. Bird will oversee operations at the world’s largest single-train refinery, focusing on optimizing operations, addressing production hurdles, and expanding the...

The Digest: A fierce price war has broken out in Nigeria's petroleum market as importers drop petrol prices below what the Dangote Refinery offers, directly challenging the billionaire's call for a ban on fuel importation. This aggressive move by marketers signals a crucial test for market...

The Digest: Aliko Dangote, Africa's richest man, has announced his retirement as Chairman of Dangote Cement to prioritize his other major projects. He will focus on the Dangote Petroleum Refinery, petrochemical, and fertilizer plants, aiming to elevate his business trajectory. Key Points...

The Digest: The Dangote Petrochemical Refinery, set to hit a capacity of 700,000 barrels per day (bpd) by December 2025, marks a significant step in Nigeria’s refining self-sufficiency, according to a new report by Argus Media. Over the past few months, the refinery has expanded its capacity...

The Digest: In a keynote at the West African Refined Fuel Conference, Aliko Dangote shared the challenges of Dangote Refinery's crude imports. Africa's dependency on imported refined fuel leads to an annual $90 billion loss, hindering local industry growth. Dangote urges change. Key Points...

The Digest: Dangote Petroleum Refinery (DPR) has suspended its strategic partner discounted pricing scheme, following allegations that some partners sold their authority to collect (ATC) rights to marketers, allowing them to sell below the refinery's ex-gantry price. This suspension comes...

The Digest: Aliko Dangote, the Nigerian billionaire industrialist, shared his reflections on the challenges faced while constructing the $20 billion oil refinery in Lagos. In a recent interview, he revealed how the scale of the project almost led him to abandon it, but his commitment to Nigeria...

The Digest: Nigerian marketers have reduced fuel prices, starting Tuesday, following a drop in Dangote Refinery’s ex-depot prices. The price reduction aligns with the federal government's public holiday to honor the late President Muhammadu Buhari, who passed away on July 14, 2025. Key...

The Digest: Nigerian petrol marketers are set to reduce the price of Premium Motor Spirit (petrol) nationwide starting Monday. This anticipated cut follows Dangote Refinery's recent reduction in its ex-depot petrol price, creating Market Ripples across the downstream sector and offering...

The Digest: Dangote Refinery has announced a further reduction in its ex-depot price for Premium Motor Spirit, marking the second such cut in two weeks. The price drop to N820 per litre from N840 per litre initiates a Relief's Ripple, promising a potential easing of petrol costs across Nigeria...

The Digest: Dangote Refinery has announced the nationwide distribution of refined products starting August 15, 2025. This initiative, which includes PMS, Diesel, and JET A1, is expected to save Nigeria ₦1.7 trillion annually, while transforming the petroleum sector. Key Points: Dangote...

Relief trickles slowly, but Nigerians are seeing modest drops in petrol prices as independent marketers respond to Dangote Refinery’s recent ex-depot price cut. In a country where each naira saved matters, the change may offer short-term breathing space. According to reports from Daily Post...

Dangote Refinery has reduced its ex-depot petrol price by N40 per litre, prompting marketers to plan a nationwide price drop. The move signals major relief for consumers, as confirmed by the Independent Petroleum Marketers Association of Nigeria (IPMAN) to DAILY POST. Dangote Refinery cut its...

Dangote Petroleum Refinery has invested N720 billion to deploy 4,000 CNG-powered trucks for fuel distribution across Nigeria. This landmark initiative is projected to save Nigerians over N1.7 trillion annually by eliminating transportation costs for fuel marketers and reducing pump prices...