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Nigeria US Imports Over 2 Million Barrels of Jet Fuel from Dangote Refinery
In March 2025, the Dangote Petroleum Refinery exported over 2 million barrels of jet fuel to the United States, marking a significant milestone in its global influence. Experts praise the refinery for boosting Nigeria's global reputation and call for more support to sustain its success. The...- Nigeria News
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- dangote petroleum refinery dangote refinery nigeria energy market us jet fuel imports
- Category: Business
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Nigeria Fuel Prices in Nigeria Could Exceed N1,000 as Dangote Refinery Shifts to Dollar
Dangote Refinery has suspended the sale of fuel in Naira due to crude supply challenges, opting for dollar transactions. This shift may push fuel prices above N1,000 per litre. Experts warn of economic strain, urging the government to reinstate the Naira-for-crude policy to stabilize prices and...- Nigeria News
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- 1 min read
- crude oil supply dangote refinery fuel price hike naira transactions petrol price nigeria
- Category: Business
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Nigeria Dangote Shuts Down Fuel Supply to Nigeria as Naira-for-Crude Deal Collapses
Dangote Refinery has halted fuel supply to Nigeria after the collapse of its naira-for-crude deal with NNPC. With crude now purchased in dollars, fuel exports continue, raising concerns over shortages and price hikes. Stakeholders urge a swift resolution to avoid economic disruptions and ensure...- Nigeria News
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- dangote refinery fuel shortage fuel supply nigeria naira-for-crude nnpc crude deal
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Business Deregulation: ‘N15.42trn Fuel Import Confirms Policy’s Success’ - New Telegraph
https://newtelegraphng.com/deregulation-n15-42trn-fuel-import-confirms-policys-success/- Kayode Israel
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Nigeria NNPC Denies Terminating Naira-for-Crude Deal, Says It Was a Six-Month Agreement
The NNPC has clarified that its crude-for-naira deal was a temporary six-month agreement set to expire in March 2025. The company stated that discussions are ongoing for a new contract while reaffirming its commitment to supplying crude for local refining under mutually agreed terms. The...- Nigeria News
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- crude oil sales dangote refinery local refining naira-for-crude deal nnpc
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Business Why retailers, marketers dump Dangote Refinery petrol for import – Stakeholders - Daily Post
https://dailypost.ng/2025/03/11/why-retailers-marketers-dump-dangote-refinery-petrol-for-import-stakeholders/- Kayode Israel
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Nigeria Relief for Motorists as NNPC Lowers Fuel Prices in Abuja, Lagos
NNPC has reduced petrol prices to N880 per litre in Abuja and N860 per litre in Lagos, following Dangote Refinery’s price cuts. This reduction, which comes amid economic challenges, is expected to ease fuel costs for Nigerians. Other stations like MRS and Heyden have also adjusted their prices...- Nigeria News
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- abuja fuel price dangote refinery fuel price reduction lagos petrol cost nnpc petrol price
- Category: Business
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Nigeria Nigerians to Pay Less for Petrol as Dangote Refinery Drops Ex-Depot Price
Dangote Petroleum Refinery has reduced its ex-depot petrol price to N825 per liter, marking the second price cut in February. The move aims to ease financial burdens, support economic recovery, and provide relief during Ramadan. Consumers in Lagos can now buy petrol at N860–N865 per liter...- Nigeria News
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- dangote refinery ex-depot price fuel price nigeria petrol price reduction pms price cut
- Category: Business
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Business Nigeria’s Earnings From Oil, Gas Drop By 1.65% To $45.95bn - New Telegraph
https://newtelegraphng.com/nigerias-earnings-from-oil-gas-drop-by-1-65-to-45-95bn/#google_vignette- Kayode Israel
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Nigeria Dangote Refinery Assures Nigerians: Over 500 Million Litres of Fuel in Reserve
The Dangote Refinery has assured Nigerians that it has enough fuel to meet local demand, with over 500 million litres in reserve. Aliko Dangote confirmed that the refinery will reach full capacity next month, producing high-quality fuel for both Nigeria and export across Africa. Zambia is...- Nigeria News
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- aliko dangote dangote refinery fuel export africa nigeria fuel supply petroleum production
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Nigeria Forbes: Aliko Dangote’s Wealth Jumps by $11 Billion in One Year
Aliko Dangote’s net worth has surged to $23.9 billion, making him the 86th richest person globally, according to Forbes. His wealth increase is driven by his 92.3% stake in Dangote Petroleum Refinery. The refinery’s operations have expanded, with expectations to reach full capacity soon, further...- Nigeria News
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- aliko dangote dangote net worth dangote refinery forbes billionaires richest african
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Nigeria Aliko Dangote Reveals $23B Refinery Project Was "Biggest Risk" of His Life
Aliko Dangote describes his $23 billion Dangote Refinery project as the "biggest risk" of his life, highlighting challenges like financing, regulations, and securing suppliers. The refinery, Africa's largest, aims to transform Africa's oil refining capacity, creating wealth and reducing...- Nigeria News
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- $23 billion project africa oil industry dangote refinery
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Business $23bn refinery biggest risk of my life – Dangote - Punch Newspaper
https://punchng.com/23bn-refinery-biggest-risk-of-my-life-dangote/- Kayode Israel
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- aliko dangote dangote refinery naija news punch newspaper
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Nigeria Dangote Refinery Cuts Diesel Prices Again, Now N1,020 Per Litre
Dangote Refinery has reduced diesel prices from N1,075 to N1,020 per litre, marking another price cut since January. Experts commend its impact on fuel price stabilization and economic relief. With global firms like BP and Saudi Aramco buying Nigerian fuel, the country is emerging as a key...- Nigeria News
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- dangote diesel price dangote refinery diesel price reduction energy market nigeria nigeria fuel prices
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Business Dangote Refinery Cuts Diesel Price By 5% To N1,020 Per Litre - Information Nigeria
https://www.informationng.com/2025/02/dangote-refinery-cuts-diesel-price-by-5-to-n1020-per-litre.html- Kayode Israel
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Nigeria Fuel Price War Heats Up as Marketers Ditch NNPCL for Dangote
Oil marketers are dropping their affiliations with the Nigerian National Petroleum Company Limited (NNPCL) due to fierce competition with Dangote Petroleum Refinery. With Dangote reducing its loading costs, marketers are rebranding their stations to secure cheaper fuel, reshaping Nigeria's fuel...- Nigeria News
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- dangote refinery fuel price war nigeria fuel competition nnpcl oil marketers
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Business Dangote Petroleum Refinery slashes ex-depot price of petrol to N890 per litre - Vanguard News
https://www.vanguardngr.com/2025/02/dangote-petroleum-refinery-slashes-ex-depot-price-of-petrol-to-n890-per-litre-2/- Kayode Israel
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Nigeria Dangote vs. NNPC: Court to Decide on Oil Import Licence Dispute
A Federal High Court in Abuja will hear NNPC’s objection to Dangote Refinery’s lawsuit over an oil import licence on February 5. The refinery seeks to nullify import licenses issued to oil firms, citing violations of the Petroleum Industry Act. The court directed Dangote to file a response...- Nigeria News
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- dangote refinery nigerian court nnpc oil import licence petroleum industry act
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Nigeria Dangote Refinery Secures 12M Barrels of US Crude to Address Local Supply Gaps
The Dangote Refinery is set to import 12 million barrels of US crude in February to address shortfalls in local supply. The $20 billion facility targets full capacity by mid-2025, with storage expansion underway to support operations. The naira-for-crude policy aids procurement but relies...- Nigeria News
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- crude oil dangote refinery
- Category: Business
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Nigeria Fuel Prices Hit ₦1,150 as Dangote Refinery Adjusts Rates
Fuel prices in Nigeria have risen to ₦1,150 per litre after Dangote Refinery's ex-depot hike. Independent marketers cite increased crude costs and logistics as major factors. Abuja stations adjusted prices to ₦1,155, while NNPCL outlets remain at ₦965. Further price revisions are expected amid...- Nigeria News
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- dangote refinery ex-depot rates fuel price hike nigeria fuel costs petrol price increase
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