Fuel Marketers’ Profits Drop by Up to 70% Amid Downstream Sector Shake-up
Publicly quoted fuel marketing companies in Nigeria recorded a steep decline in profitability in 2025, with earnings indicators dropping by ...
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Tag: #DangoteRefinery
Dangote Petroleum Refinery Boosts Fuel Exports to Africa Amid Supply Disruptions
Dangote Petroleum Refinery has increased exports of gasoline and urea fertiliser to several African countries facing supply shortages triggered by ...
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Tinubu’s Naira-for-Crude Policy Shields Nigeria from Global Fuel Shortages Amid Middle East Crisis
President Bola Tinubu’s naira-for-crude initiative has reportedly insulated Nigeria from the severe fuel scarcity hitting major economies worldwide amid the ...
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Nigeria Supplies Jet Fuel to Europe as Middle East Disruptions Tighten Global Market
Nigeria has emerged as an alternative supplier of aviation fuel to Europe as disruptions linked to the US-Iran conflict tighten ...
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NNPC Increases Crude Allocation to Dangote Refinery with Seven Cargoes for May
Nigerian National Petroleum Company Limited(NNPCL) has increased crude oil supply to the Dangote Petroleum Refinery and Petrochemicals, allocating seven cargoes ...
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Afreximbank Underwrites $2.5bn of $4bn Loan for Dangote Refinery
The African Export-Import Bank (Afreximbank) has underwritten $2.5 billion of a $4 billion senior syndicated term loan for Dangote Petroleum ...
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Dangote Refinery Warns It May Export Fuel Without Adequate Crude Supply
Dangote Petroleum Refinery has assured Nigerians that it will continue to supply fuel locally but warned that it may export ...
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Dangote Refinery Cuts Petrol Gantry Price to N1,200 per Litre
The Dangote Petroleum Refinery & Petrochemicals has reduced its gantry price for Premium Motor Spirit (petrol) to N1,200 per litre, ...
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Dangote Refinery CEO Says Facility Receiving Far Less Crude Than Agreed Under Crude-for-Naira Deal
The Chief Executive Officer of Dangote Refinery, David Bird, has raised concerns that the facility is receiving significantly less crude ...
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Dangote Refinery Faces 79.53 Million Barrel Crude Shortfall Amid Supply Challenges
The ambitious supply arrangement between the Dangote Petroleum Refinery and the Nigerian National Petroleum Company Limited is facing significant hurdles, ...
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