Tag: Dangote Refinery
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Dangote Refinery Retains Position as Europe’s Biggest Jet Fuel Supplier
By Opeyemi Adelakun Dangote Petroleum Refinery has retained its position as Europe’s largest supplier of imported jet fuel for the second consecutive month, overtaking the United States as it expands its footprint in the global energy market. The refinery disclosed this in a statement on Thursday, describing the development as a major milestone that reflects…
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Mariya Dangote Explains Why Dangote Cement Chose London for Global Listing
By George Omagbemi Sylvester Mariya Dangote, a director of Dangote Cement Plc and daughter of Africa’s richest businessman, Aliko Dangote, has explained why the company opted to pursue a secondary listing on the London Stock Exchange (LSE) instead of the Dubai Financial Market, citing speed, efficiency and easier access to global investors as the primary…
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Dangote Refinery Resumes Petrol Sales in Naira, Sets Ex-Gantry Price at N1,215 Per Litre
By Sunday Ameh Dangote Petroleum Refinery has resumed the sale of Premium Motor Spirit (PMS), commonly known as petrol, in naira, reversing its recent decision to sell the product in US dollars. The refinery announced the development on Wednesday, fixing its ex-gantry price at N1,215 per litre, a N40 increase from the previous price of…
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Dangote Refinery Reportedly Switches Petrol Sales to Dollars, Ends Naira Transactions
By Opeyemi Adelakun Dangote Petroleum Refinery has officially ended naira-denominated sales of refined petroleum products, introducing a dollar-based pricing structure that fixes the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, at $0.779 per litre. The new pricing template, which took effect on July 13, 2026, also pegs Automotive Gas Oil (diesel)…
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Dangote Refinery Hits 700,000 Barrels Daily Processing Milestone
By George Omagbemi Sylvester Nigeria’s refining sector has recorded a major breakthrough as the Dangote Petroleum Refinery successfully increased its crude oil processing volume to 700,000 barrels per day during a recent performance test, surpassing its official nameplate capacity of 650,000 barrels per day. The development marks a significant milestone for Africa’s largest refinery and…
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Dangote Refinery Takes Federal Government to Court Over Petrol Import Licences
By George Omagbemi Sylvester The Dangote Petroleum Refinery has dragged the Federal Government to court over the issuance of fresh petrol import licences to several oil marketers and the Nigerian National Petroleum Company Limited (NNPCL), despite increasing local refining capacity. On May 15, 2026, court filings revealed that the refinery asked the Federal High Court…
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Petrol Prices Set to Exceed N1,000 per Litre as Dangote Refinery Raises Gantry Price
The retail price of Premium Motor Spirit (petrol) in Nigeria is projected to rise to between N980 and over N1,000 per litre due to a recent increase in the gantry price by the Dangote Petroleum Refinery. This anticipated rise comes amid ongoing volatility in the global oil market and follows an adjustment in the refinery’s…
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NNPC hails Dangote Refinery, says it brought major relief for Nigerians
By Paul Joseph The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has praised the Dangote Petroleum Refinery, describing it as a major relief for Nigeria’s fuel supply. Ojulari spoke on Wednesday at the Nigeria International Energy Summit 2026 in Abuja during a fireside chat titled “Securing Nigeria’s Energy Future”.…
