Petrol Imports Hit Record Low as Dangote Refinery Boosts Local Output
Nigeria’s import of Premium Motor Spirit (PMS), commonly known as petrol, dropped to a record low in June, largely due ...
Read more
Tag: #DangoteRefinery
Dangote Refinery to Source 100% Nigerian Crude by End of 2025
Dangote Industries Ltd. has announced plans for its 650,000-barrel-per-day refinery, the largest in Africa, to fully rely on Nigerian crude ...
Read more
Oil Firms Resisted Supplying Crude to Local Refineries in 2024 — NUPRC
The Nigerian government’s bid to enforce the Domestic Crude Supply Obligation (DCSO) faced stiff resistance in 2024, as several upstream ...
Read more
Marketers Hold Off Pump Price Cut Despite Dangote Refinery’s Petrol Reduction
Despite the ex-depot petrol price reduction announced by Dangote Petroleum Refinery on Monday, many fuel marketers have refused to lower ...
Read more
Dangote Refinery Deploys N720bn CNG Truck Fleet to Cut Fuel Costs
Dangote Petroleum Refinery has announced the deployment of 4,000 Compressed Natural Gas (CNG)-powered trucks as part of a N720 billion ...
Read more
Petrol Marketers Expect Price Crash as Crude Oil Drops
Petroleum marketers across Nigeria have expressed optimism over a possible crash in the pump price of Premium Motor Spirit (PMS), ...
Read moreNigeria Exported 82% of Crude Oil in Q1 2025 Amid Local Refinery Shortages — NUPRC
Amid growing concerns from local refiners over limited crude supply, Nigeria exported a staggering 82 per cent of its crude ...
Read more
Dangote Refinery Can Meet ECOWAS Petroleum Demand, Declares Regional Leaders
The Dangote Petroleum Refinery has announced that it possesses the capacity to meet the petroleum product demands of all ECOWAS ...
Read more
Fuel Marketers Form Alliances as Price War Between Dangote and NNPC Drives Petrol Costs Down
Nigerian fuel marketers are forging strategic partnerships aimed at reducing losses, ensuring business sustainability, and maintaining steady fuel distribution across ...
Read more
DAPPMAN: Only Dangote Refinery Can Supply Us Petrol, Not NNPC Facilities
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has declared that its members can only source Premium Motor ...
Read more
Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.