Dangote Refinery Archives — City Business News

March 11, 2025 No Responses

Zacch Adedeji:Naira-For-Crude Policy Remains In Place

Our attention has been drawn to reports suggesting that the naira-based crude oil supply arrangement with local refineries has been discontinued, forcing the domestic refineries to rely solely on international crude purchases.These reports do not reflect the r...

February 27, 2025 No Responses

Dangote Refinery Reduces Petrol Price To ₦860 Per Litre

Again, Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from ₦890 to N825 per litre, effective from 27th February 2025. In a statement on Wednesday, Dangote Petroleum Refinery explained that&...

February 2, 2025 No Responses

Dangote Refinery Crashes Ex-Depot Price Of PMS To N890

Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890 per litre, effective from Saturday, February1, 2025. A statement sent to City Business News explained that the price adju...

December 31, 2024 No Responses

Ardova Seals Bulk Purchase Framework With Dangote Refinery

As part of measures to guarantee supply security at affordable prices for its customers, Ardova Plc, one of Nigeria’s major integrated downstream oil and gas businesses has agreed to a bulk purchase framework with Dangote Refinery.City Business News reports ...

December 20, 2024 No Responses

PETROAN Lauds Dangote Refinery For Slashing PMS Price

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has commended the management of Dangote Refinery for crashing the price of its petrol to N899.50K per litre. In a statement on Thursday, PETROAN spokesman, Joseph Obele, described th...

December 15, 2024 No Responses

Japan Ambassador, Business Community Laud Dangote Refinery

The Dangote Refinery and Petrochemicals complex has been hailed as an astonishing masterpiece, showcasing Nigeria’s technological advancements on the global stage.This accolade was shared by a delegation from the Japanese Business Community in Nigeria, led b...

November 15, 2024 No Responses

NNPCL Seals 10-Year Gas Supply Deal With Dangote Refinery

The Nigerian National Petroleum Company (NNPC) Limited has announced that subsidiary, the NNPC Gas Marketing Limited (NGML), has successfully executed a Gas Sale and Purchase Agreement (GSPA) with Dangote Petroleum Refinery and Petrochemicals FZE. This was dis...

November 3, 2024 No Responses

Dangote Refinery: We Sell At N960/litre Into Ships, N990 For Trucks

Dangote Refinery, on Sunday disclosed that it is selling petrol at a reduced rate of N960 per liter for supply via ships and N990 per liter for supply via trucks.A statement issued by Group Chief Branding and Communications Officer, Anthony...

October 22, 2024 No Responses

Dangote Refinery: Case Against NNPCL, Rano, Matrix, Others Overtaken By Events

The management of Dangote Petroleum Refinery and Petrochemicals FZE has reacted to the reported case it instituted against the Nigerian National Petroleum Corporation Limited and others seeking the nullification of their import licences. The company spoke in a...

September 16, 2024 No Responses

NNPC Replies Dangote Refinery, Restates N898 Per Litre Transaction

The Nigerian National Petroleum Company Limited (NNPC Ltd), on Monday morning insisted that it bought Premium Motor Spirit (PMS), also known as Petro from Dangote refinery at N898 per litre. In a statement issued on Monday morning, Chief Corporate Communi...

September 15, 2024 No Responses

Dangote Refinery Faults NNPCL On N898 Per Litre Price

Our attention has been drawn to a statement attributed to NNPCL spokesperson, Mr. Olufemi Soneye, that we sell our PMS at N898 per litre to the NNPCL.This statement is both misleading and mischievous, deliberately aimed at undermining the milestone achievement...

January 13, 2024 No Responses

Dangote Refinery Begins Production

By Moses Ebosele, ebosele@hotmail.com — Dangote Refinery, the largest single-train refinery in the world commenced production on Friday, January 12, 2024. Earlier scheduled to begin operations in June 2023, the oil refinery received its first crude ...

May 22, 2023 No Responses

BUHARI: DANGOTE REFINERY, GAME CHANGER FOR NIGERIA’S ECONOMY

President Muhammadu Buhari Monday inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, which is expected to enable Nigeria to achieve self-sufficiency in refined products and even have surplus for export.Speaking at the occasion attended by Heads of S...