Breaking News
Dangote Refinery Suspends Naira Sales of Petrol
Nigerians may face increased fuel prices as Dangote Refinery halts petroleum product sales in Naira, citing crude purchase obligations in US dollars.
20 March 2025
Dangote
Breaking News
Dangote To Build 18m Metric Tons Capacity Cement Plant In Ogun
Aliko Dangote plans to make Ogun State Africa’s top cement producer with an 18 million metric tons annual capacity cement plant in itori
18 March 2025
Breaking News
Dangote Refinery Reduce Petrol Price To #815
Dangote Refinery has reduced its petrol loading cost to N815 per litre amidst price war in Nigeria’s downstream oil sector.
14 March 2025
Breaking News
NNPCL Clarifies Crude Oil Sales Agreement with Dangote Refinery
NNPCL denies reports of terminating its crude oil sales deal with Dangote Refinery, confirming ongoing discussions for a new contract.
11 March 2025
Business
Dangote Cement Records N503.2 Billion Net Profit in 2024 Financial Year
Dangote Cement posts a net profit of N503.2 billion in 2024, marking a 10% growth with revenue hitting N3.58 trillion
2 March 2025
Breaking News
Dangote Refinery Boosts Production to 85%, Aims for Full Capacity in 30 Days
Dangote Refinery increases output to 85% of its 650,000 bpd capacity, targeting full production within 30 days.
11 February 2025
Breaking News
Marketers May Shift to Cheaper Petrol As Dangote Lower Price
Amidst intense competition in Nigeria’s oil sector, independent marketers are dropping NNPCL to secure cheaper petrol from Dangote Refinery.
5 February 2025
Breaking News
Petrol Price Surge to N1,150/Litre Amid Dangote Refinery Hike
Petrol prices in Nigeria rise to N1,150/litre following a price hike by Dangote Refinery and rising global crude oil costs.
18 January 2025
Breaking News
Dangote Refinery Targets 650,000bpd by June, Eyes Crude Oil Imports
Dangote Refinery plans to ramp up production to 650,000 barrels per day by June 2025, the $20bn facility plans to import more crude oil.
17 January 2025
Breaking News
Federal Government Considers Reducing Crude Allocation to Dangote Refinery
Federal Government may reduce crude oil allocation to Dangote Refinery from 300,000 bpd as Port Harcourt and Warri refineries resume operations
2 January 2025
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