•President/Chief Executive of Dangote Group, Aliko Dangote The President of the Dangote Group, Alhaji Aliko Dangote, has doubted the possibility of the state-owned Port Harcourt, Warri, and Kaduna refineries functioning again. Dangote also stated that the refineries, which are under the management of the Nigerian National Petroleum Company Lim...
•Dangote Refinery was commissioned in May 2023 Dangote Petroleum Refinery has been identified as crucial to reducing inflation in Nigeria, according to a report by the Financial Derivatives Company (FDC) Limited think tank. In its recently published Lagos Business School (LBS) Executive Breakfast Presentation for July, the think tank noted tha...
Dangote Petroleum Refinery has reduced the ex-depot price per litre of petrol from ₦880 to ₦840. The downward review of the price of the premium commodity was confirmed in an update provided yesterday by a spokesman for the refinery, Tony Chiejina. Chiejina said the new ex-depot price took effect yesterday, Monday, June 30, 2025, about [&helli...
Oil marketers have increased the prices of Premium Motor Spirit, also known as petrol, at filling stations amid ongoing competition with Dangote Petroleum Refinery. Data gathered by correspondent from Petroleumprice.ng today revealed that seven oil depots increased prices by a range of 1.45% to 2.90% between June 11 and June 13, reports Channe...
•Dangote Refinery The Dangote Petroleum Refinery has announced plans to begin a nationwide distribution of Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel) starting from August 15. This was as fears of fuel scarcity mounted in Lagos and other parts of the country following the controversy surrounding the E-Call Up system of the La...
•President/Chief Executive of Dangote Group, Aliko Dangote Aliko Dangote has retired as Chairman of the Board of Dangote Sugar Refinery Plc, bringing an end to a 20-year leadership of the company. His retirement takes effect from June 16, 2025, according to a statement signed by the company’s secretary, Temitope Hassan, yesterday. Dangote, who...
•Aliko Dangote The Chairman of Dangote Group, Aliko Dangote, has expressed the need for Nigerians to stop medical tourism and for the country to also start producing drugs locally. He said this at the Gates Foundation’s Goalkeepers event held in Lagos yesterday, reports Channels TV. Stressing the need for every Nigerian including the rich to [...
Despite consistent reduction in price of premium motor spirit (PMS) otherwise known as petroleum by Dangote Petroleum Refinery and Petrochemicals, the price of the product remains very high, analysis has shown. Yesterday, the refinery announced another reduction of N15 in the price of its high-quality Premium Motor Spirit (PMS), reports Daily ...
•Aliko Dangote President of the Dangote Group, Aliko Dangote, has advised the federal and state governments to patronise local investors for economic development. He gave the advice at the Taraba International Investment Summit in Jalingo, which attracted investors from across Nigeria and beyond, reports Channels TV. Africa’s richest man said ...
•Aliko Dangote The Dangote Petroleum Refinery has refuted claims by oil marketers that the facility does not have the capacity to meet local fuel demand. Officials of the refinery told our correspondent that the refinery has enough fuel to satisfy local needs and export to other countries, reports The PUNCH. Following a statement by the [&hell...
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