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![Today's Naira Rate [31-01-2025]: CBN Interventions Boost Naira as Exchange Rate Improves to N1,493/$](/data/attachments/212/212954-58e780ec025feefde8bfa331a3d70815.jpg?hash=PERHMQHP25)
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Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) questions the pricing of petrol from Dangote Refinery, which is higher than imported petrol. NNPCL's claim of acquiring Dangote petrol at N898 per litre has been disputed by the refinery, raising concerns about pricing...
Nigeria’s inflation rate fell to 32.15% in August 2024, marking the second consecutive decline this year, according to the National Bureau of Statistics (NBS). The drop is attributed to improved monetary policies, though economic challenges like fuel prices and exchange rate volatility still...
Dangote Refinery's Vice President, Devakumar Edwin, announced that 44% of the facility's petrol production can meet Nigeria's daily requirements. The refinery, processing 650,000 barrels of crude daily, aims to resolve the country's PMS supply challenges while generating foreign exchange through...
The Nigerian National Petroleum Company Limited (NNPCL) has announced petrol prices for September 2024, sourced from Dangote Refinery. Prices will vary across Nigeria, with Lagos at N950.22 per litre and Borno at N1,019.22. NNPCL will pay in dollars for September, switching to Naira in October...
The Group Chief Branding and Communications Officer of Dangote, Anthony Chiejina, refuted claims regarding PMS pricing made by NNPCL spokesperson Olufemi Soneye. He emphasized that the official pricing announcement will come from the Technical Sub-Committee on Naira-based crude sales on October...
Nigeria
Nigerians React as NNPCL Buys Fuel from Dangote Refinery at N898, Dismissing Claims of N760 Pricing
The NNPCL has announced purchasing fuel from Dangote Refinery at N898 per litre, contradicting earlier claims of N760. This move aims to enhance local production capacity, with NNPCL becoming the exclusive off-taker.
The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that it...
Air Peace CEO Dr. Allen Onyema applauds President Tinubu for revolutionizing Nigeria's aviation sector through a dry lease agreement, allowing local airlines to lease aircraft and build capacity. While industry leaders celebrate this move, public reactions highlight concerns over the...
![[VIDEO] Nigerians React to NNPCL's Petrol Loading at Dangote Refinery](/data/attachments/208/208305-7e45a5044d4ac8c727489a955633926a.jpg?hash=sNIXWbkajt)
The NNPCL has commenced petrol loading operations at the Dangote Refinery, marking a significant milestone in Nigeria's fuel supply chain. This development has elicited mixed reactions from Nigerians, who express hopes for reduced fuel prices
In a significant development, the Nigerian National...
Nigerians may soon purchase Dangote petrol at prices ranging from N857 to N865 per litre as the NNPC prepares to lift petrol from Dangote Refinery. This development aims to alleviate fuel costs, with expectations of improved availability and competitive pricing in the market.
Nigerians may soon...
Marketers are calling for direct access to fuel from the Dangote refinery, opposing NNPC's exclusive role as the sole buyer at N766/litre. Concerns rise over a potential domestic monopoly and lack of pricing transparency, as Dangote prepares to supply 25 million litres of petrol daily.
In the...
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