NNPC Suspension of Naira-for-Crude Oil Deal with Dangote, Others, Spells Price Hike
NNPC terminates naira-to-crude oil agreement with domestic refineries, turns to payment in dollars. Analysts and Economic watcher says it could lead to increase in fuel price and Naira volatility. The…
Dangote Refinery Reduces Fuel Price Again, Now N815 per litre
Dangote Refineries engineers new price, lowers cost of petrol per litre. Competition sets in as price war rages between Dangote Refineries and Nigeria National Petroleum Company Limited. The price drop…
Dangote Refinery Suspends Sale of Petrol in Naira
Dangote refinery stops sales of petroleum products in Naira, reverts to dollars. The refinery says untill NNPCL starts crude oil supply in Naira, petrol sales would remain in Naira. Dangote…