Petrol – City Business News

November 1, 2025 No Responses

Dangote Assures Steady Petrol, Diesel Supply

Dangote Petroleum Refinery has reaffirmed its commitment to ensuring steady and uninterrupted supply of Premium Motor Spirit (PMS) and Automotive Gas Oil (diesel) nationwide, with a daily production capacity exceeding the domestic demand.Speaking on the development, Group Chief Branding and...

September 27, 2025 No Responses

Dangote Refinery Suspends Petrol Sales In Naira

The management of Dangote Petroleum Refinery has suspended petrol sales in naira.In an email sent to its customers on Friday, the refinery explained that the decision would take effect from Sunday, September 28, 2025, citing the exhaustion of its crude-for-nai...

June 16, 2025 No Responses

Dangote Deploys 4,000 CNG Tankers For PMS, Diesel Distribution

With effect from August 15, 2025, Dangote Refinery will begin the distribution of Premium Motor Spirit (PMS) and diesel to marketers, petrol dealers, manufacturers, telecoms firms, aviation, and other large users across the country, with free logistics to boos...

May 31, 2025 No Responses

Customs Intercepts 1,577 Jerrycans Of Smuggled PMS

The Nigeria Customs Service (NCS) through its Operation Whirlwind has intercepted 1,577 jerrycans (39,425 litres) of smuggled petroleum products and eight vehicles used for their transportation, with a combined value of N63,425,000 across the Lagos and Ogun ax...

May 24, 2025 No Responses

Customs Impounds 49, 000 Litres of PMS

The Nigeria Custom Service (NCS) has intensified its anti-smuggling operations in Nigeria’s northeastern corridor, intercepting Premium Motor Spirit (PMS) and vehicles with a total Duty Paid Value (DPV) of over ₦63 million.According to Customs, the success...

May 22, 2025 No Responses

Dangote Refinery Reduces PMS Price

Dangote Petroleum Refinery & Petrochemicals has announced another reduction of N15 in the price of its Premium Motor Spirit (PMS).As a result of this reduction, Nigerians will now purchase the product at the following prices: N875 per litre in Lagos;...

March 19, 2025 No Responses

DANGOTE SUSPENDS SALES OF PETROLEUM PRODUCTS IN NAIRA

The management of Dangote Petroleum Refinery has temporarily halted the sale of petroleum products in Naira.In a statement issued on Wednesday, the company explained that the decision is necessary to avoid a “mismatch between our sales proceeds and our c...

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 18, 2025 No Responses

NCS Intercepts 53,000 Litres Of Smuggled PMS

The Nigeria Customs Service (NCS) has intensified efforts to curb the smuggling of Petroleum Motor Spirit (PMS), recording major seizures under Operation Whirlwind in Kwara State. According to the NCS, between January 14 and February 11, 2025, NCS operatives i...

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 30, 2024 No Responses

Warri Refinery Goes Live

The 125, 000 barrels per day Warri Refining & Petrochemicals Company (WRPC) in Warri, Delta State is now up and running.This was disclosed by the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari during...

November 30, 2024 No Responses

NNPCL: Port Harcourt Refinery Yet To Begin Bulk Sales

The Nigeria National Petroleum Company Limited (NNPCL) says the Port Harcourt Refining Company (PHRC) has not yet commenced bulk sales or opened its purchase portal, as essential processes are still being finalized. In a statement on Friday, NNPCL Chief Corpor...

November 24, 2024 No Responses

Navy Bursts Petrol-Smuggling Syndicate

The Nigerian Navy’s Forward Operating Base (FOB) at Mbo local government area of Akwa Ibom State, has smashed a syndicate specialising in smuggling petroleum products and other contraband goods to Cameroon and other countries within the Gulf of Guinea region...