Tag: Dangote Refinery

Full Dangote Refinery Capacity Could Drive Naira Below ₦1,000/$ — Otedola

Otedola says full 650,000 bpd capacity is “transformational” Predicts naira could trade below ₦1,000/$ before end of 2026 Refinery expansion to 1.4 million bpd already underway Billionaire businessman Femi Otedola…

Sodiq Olaitan

Dangote Cuts Petrol Price to N774 in Fresh Blow to Fuel Importers

Dangote Refinery reduces PMS price from N799 to N774 per litre N25 price cut seen as move to outcompete fuel importers Retail petrol still sells above N839 in Abuja Dangote…

Sodiq Olaitan

IMF Projects Dangote Refinery to Boost Nigeria’s Non-Oil GDP by 1.5% in 2026

Dangote Refinery impact projected to lift Nigeria’s non-oil GDP by 1.5% in 2026. IMF outlook links refinery operations to jobs, industrial growth and forex savings. Economic diversification drive positions Nigeria…

Sodiq Olaitan

Dangote Refinery Gives Nigeria Energy Lifeline — NNPCL CEO

Dangote refinery stabilises Nigeria fuel supply amid NNPC refinery struggles Bayo Ojulari says local refinery offers breathing space for energy security NNPC signals shift from rivalry to collaboration with Dangote…

Sodiq Olaitan

IPMAN Rejects Fuel Imports, Dangote Refinery Denies Supply Disruption Claims

IPMAN opposes continued petrol imports, citing Dangote Refinery’s capacity to meet domestic PMS demand Dangote Refinery confirms uninterrupted supply, scaling volumes from 600M to 1.5B litres in 2025 Refinery highlights…

Sodiq Olaitan

Marketers Anticipate Petrol Price Drop As Dangote Refinery Finalises Free Product Distribution

Dangote Refinery is finalising plans to begin free nationwide delivery of petrol to marketers, cutting distribution costs. IPMAN says the initiative will trigger a downward adjustment in pump prices, especially…

Sodiq Olaitan

Dangote refinery cuts petrol minimum bulk purchase to 250,000 litres

Dangote refinery reduces minimum petrol order from 500,000 litres to 250,000 litres Gantry price remains N699 per litre, following December price cut Move opens direct access to more marketers, with…

Sodiq Olaitan

Children’s Education Paid With Scholarships, Trust Funds, Savings – NMDPRA Chief Responds to Dangote

Farouk Ahmed rejects claims of illicit funding for children’s foreign education Merit scholarships, family trusts and personal savings cited as sources NMDPRA boss invites ICPC, EFCC and CCB to scrutinise…

Sodiq Olaitan

Dangote Refinery Cuts Petrol Price to N699 per Litre

Dangote Petroleum Refinery slashes petrol ex-depot price from N828 to N699 per litre, marking the 20th adjustment in 2025. The price cut represents a 15.58% reduction as the refinery ramps…

Sodiq Olaitan

Dangote Refinery to Raise Petrol Supply to 50m Litres Daily From December

Dangote Refinery commits to supplying 50m litres/day of petrol from December 2025 to January 2026. Output to rise further to 57m litres/day (1.7bn litres monthly) from February 2026. Refinery seeks…

Sodiq Olaitan