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Featured: Latest Nigerian News
local refineries
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Nigeria Naira-for-Crude: FG Dismisses Rumors, Assures Policy Continuation
The Nigerian government has reaffirmed its commitment to the Naira-for-Crude policy, ensuring local refineries continue buying crude oil in naira. Officials dismissed speculation of discontinuation, confirming ongoing discussions for a renewed agreement. The policy aims to boost local refining...- Nigeria News
- Article
- 2 min read
- crude oil sales local refineries naira-for-crude nigeria oil policy nnpc crude supply
- Category: Business
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Nigeria Petrol Prices at Risk of Rising as NNPC Ends Naira-for-Crude Supply to Refineries
The Nigerian National Petroleum Company (NNPC) has ended its naira-for-crude deal with local refineries, including Dangote Petroleum Refinery. This decision could lead to higher petrol prices as refineries will now source crude oil from international markets, potentially impacting Nigeria's...- Nigeria News
- Article
- 2 min read
- dangote petroleum refinery local refineries naira-for-crude deal nigeria petrol prices nnpc
- Category: Business
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