Fresh pressure is building on Nigeria’s downstream petroleum market as Dangote Petroleum Refinery yesterday resumed gantry loading of Premium Motor Spirit (PMS) in naira after a week-long suspension, but simultaneously raised its ex-depot price by N140 to N1,215 per litre, a move expected to trigger another round of pump price adjustments acro...
•Fuel pump Petroleum marketers may require about $1.84 billion every month to purchase petrol, diesel and aviation fuel from Dangote Petroleum Refinery following the company’s decision to price refined petroleum products in dollars, a development analysts warned could increase pressure on Nigeria’s foreign exchange market, test liquidity posit...
Dangote Petroleum Refinery’s decision to price Premium Motor Spirit (PMS), diesel and aviation fuel in U.S. dollars has sparked widespread debate about its implications for fuel prices and exchange rate market. While the announcement triggered fears of an immediate increase in petrol prices, the reverse is actually the case, reports Daily Trus...
•Dangote Refinery The Nigerian National Petroleum Company Limited has told the Federal High Court sitting in Lagos that petroleum products from the Dangote Petroleum Refinery and Petrochemicals FZE are sold at “significantly high and fluctuating market prices”, warning that granting the refinery’s requests could hand it monopoly control of Nig...
•Dangote President and Chief Executive, Dangote Group, Aliko Dangote, has said the planned listing of the Dangote Petroleum Refinery & Petrochemicals on the Nigerian Exchange is designed to democratise wealth creation and give Africans direct access to participate in the continent’s industrial transformation. Dangote spoke during the visit...
Replay Everyday, na so Naija people go dey carry Dangote name waka upandan. For beer parlour o, na Dangote. For market o, na Dangote. For motor park, school, church, mosque, even shrine o, na Dangote. Na wetin Dangote do una sef? Tori Olorun! Yesterday, I open my red eye for one passenger wey come our […]
•Aliko Dangote The President of the Dangote Group, Alhaji Aliko Dangote, has said the group rejected requests by the Nigerian National Petroleum Company Limited to increase its 7.25 per cent stake in the Dangote Petroleum Refinery. Dangote stated this in an interview with the Chief Executive Officer of the Norwegian Sovereign Wealth Fund, Nico...
Everyday, na so Naija people go dey carry Dangote name waka upandan. For beer parlour o, na Dangote. For market o, na Dangote. For motor park, school, church, mosque, even shrine o, na Dangote. Na wetin Dangote do una sef? Tori Olorun! Yesterday, I open my red eye for one passenger wey come our garage […]
Industrialist and philanthropist Aliko Dangote has been named among TIME Magazine’s 100 Most Influential People in the World for 2026. Dangote joins global influential figures from multiple sectors, including political leaders such as U.S. President Donald Trump, Chinese President Xi Jinping, Israeli Prime Minister Benjamin Netanyahu, Canadian...
Despite the reduction in the gantry price of Dangote Petroleum Refinery to N1,200 per litre from N1,275 per litre, oil marketers have continued to sell Premium Motor Spirit, PMS, also known as petrol, at N1,330 per litre and above in Lagos and its environs. Motorists had expected that with the N75 per litre reduction by […]
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
© 2026 The Frontier, Published by Okims Media Links Limited.
designed by winnet services
