We have over N600bn worth of petrol in store ― Dangote …As Zambia seeks Dangote investment in its energy sector
President of Dangote Industries Limited (DIL), Aliko Dangote has revealed that his company - the Dangote Petroleum Refinery - has enough Premium Motor Spirit (PMS otherwise known as petrol) in…
Dangote Refinery Reduces Diesel Price, by N55 to N1,020 per Litre
Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre, down from N1,075 per litre at the gantry price, in an effort to…
Dangote refinery exports two cargoes of jet fuel to Saudi Aramco in Saudi Arabia … NESG says FG Must Support Domestic Industries to Achieve a $1 Trillion Economy
Board members, Nigerian Economic Summit Group (NESG), Mr Lanre Akinbo; Mr. Udeme Ufot; Chairman, NESG, Mr Niyi Yusuf; President/CE, Dangote Group, Aliko Dangote; Vice President (Oil & Gas), Dangote Group,…
Dangote Refinery crashes Ex-depot price of PMS to N890
By Kayode Ogunwale In a bold move to drive economic relief for Nigerians, Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol,…
Dangote sets to buy 12m barrels of crude oil from United States for refinery operations
By Kayode Ogunwale The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States. The refinery resorted to crude importation as local supply…
Listing of infrastructure companies will boost economic recovery
By Kayode Ogunwale Listing infrastructure companies on the Nigerian Exchange Limited (NGX) has been highlighted as a significant catalyst for promoting economic growth in Nigeria. During an event titled “Outlook…
Depot price hike: Marketers jostle to join Ardova, Heyden in Dangote Refinery bulk-purchase incentives … for competitive pump price
By Kayode Ogunwale Dangote Refinery Attracted by the bulk-purchase agreement incentives being offered by the Dangote Petroleum Refinery, more oil marketers in the country are jostling to be listed as…
Nigeria plans telecoms tariff increaseÂ
The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani has said that telecoms tariffs will soon increase but not by 100 per cent. Rising from a stakeholders meeting…
First Bank confident of steady economic growth for Nigeria in 2025 …Fuel subsidies removal after almost 40 years qualifies 2024 as miracle year
By Kayode Ogunwale First Bank of Nigeria Ltd. Has described 2024 as a year of miracles and leading to a rebirth for positive economic growth outlook for 2025. Mr…
Banks donate relief materials to Jigawa State flood victims
Nigerian banks have donated multi-million naira relief materials to victims of recent floods with a commitment to continue to provide supports for socio-economic development of the country. The donations to…