Dangote Rises to World’s 36th Richest Person
Aliko Dangote has climbed to become the world’s 36th richest person, with his wealth now estimated at $51.3 billion, according to Forbes’ real-time billionaires index. The latest figure marks an…
Dangote Refinery Raises Petrol Price Again to N1,200, Hits Consumers With Fresh Increase
Dangote Refinery has raised its Premium Motor Spirit (PMS) gantry price for the second time in less than two weeks, pushing the price to N1,200 per litre. The latest increase…
Dangote Refinery Hikes Petrol Price to N874 Per Litre as Global Oil Surge Bites
|By Babatunji Wusu The Dangote Refinery has raised its Premium Motor Spirit (PMS) gantry price to N874 per litre, marking a N75 increase from the previous N799 rate. The 650,000-barrel-per-day…
Petrol Price Set to Hit N1,000 as Dangote Refinery Hikes Gantry Rate Over Iran–US–Israel War
|By Babatunji Wusu Nigerians will begin paying more for Premium Motor Spirit (PMS) from Tuesday and Wednesday, March 3 and 4, 2026, as petroleum marketers confirmed an imminent surge in…
NARTO Demands Urgent Crackdown on Alleged Oil Sector Monopoly as Fuel Prices Surge to N899 per Litre
|By Babatunji Wusu The Nigerian Association of Road Transport Owners (NARTO) has urged the Federal Competition and Consumer Protection Commission (FCCPC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority…
NNPCL Raises Petrol Price to ₦835 in Lagos, ₦839 in Abuja After Dangote Refinery Hike
|By Babatunji Wusu The Nigerian National Petroleum Company Limited (NNPCL) on Wednesday raised the pump price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦835 per litre in…
Dangote Refinery Raises Petrol Price by ₦100 Per Litre, Triggers Fresh Pressure on Nigeria’s Downstream Market
|By Babatunji Wusu Dangote Petroleum Refinery has hiked the retail price of Premium Motor Spirit (PMS) by ₦100 per litre nationwide, deepening pressure on Nigeria’s already strained downstream petroleum sector.…
OPEC Highlights Impact of Dangote Refinery on Global Fuel Markets
Babatunji Wusu – The Dangote Refinery has reduced Nigeria’s reliance on imported refined petroleum products, particularly from Europe. The refinery’s gasoline production and exports are reshaping global supply patterns, especially…
Dangote Petroleum Refinery Expands Global Reach and Embraces Technological Innovation
Babatunji Wusu – Dangote Refinery has begun exporting petrol (PMS) to multiple African countries and jet fuel to Europe. The refinery aims to drive industrial development, job creation, and economic…
Dangote Refinery Seeks Loan to Strengthen Crude Supply and Boost Production
Babatunji Wusu – The Dangote Petroleum Refinery is actively seeking substantial funding to facilitate crude oil imports and boost its production capacity. Despite initiating a naira-for-crude agreement last month, which…
