Dangote Refinery reduces petrol ex-depot price from ₦880 to ₦867 per litre after resuming naira-for-crude policy. Nigerians may soon see pump prices drop to around ₦910.
Federal Executive Council reinstates the Naira-for-Crude initiative, mandating crude oil sales to local refineries in naira to support local refining
President Bola Tinubu has reconstituted the NNPC Limited board, replacing Mele Kyari with Bashir Bayo Ojulari as CEO
Fuel marketers stockpile petrol amid fears of price hikes after Dangote Refinery suspended naira sales, calling government intervention.
Nigeria’s oil and gas sector secured $17 billion in foreign investment in 2024, due to regulatory reforms signed by President Tinubu.
NNPCL denies reports of terminating its crude oil sales deal with Dangote Refinery, confirming ongoing discussions for a new contract.
Nigerian National Petroleum Company (NNPC) has slashed its petrol pump price to N860 per litre, matching Dangote Refinery
Amidst intense competition in Nigeria’s oil sector, independent marketers are dropping NNPCL to secure cheaper petrol from Dangote Refinery.
Nigerian National Petroleum Company Limited (NNPCL) has launched the construction of five mini Liquefied Natural Gas (LNG) plants in Ajaokuta
Nigeria’s petrol landing cost dropped to N922.65 per litre, signaling relief for importers and potential price adjustments.
