🏭 Dangote Refinery Secures $4bn Refinancing Deal — Afreximbank Leads With $1.35bn
Dangote Industries has secured a $4bn refinancing deal for its refinery, led by Afreximbank’s $1.35bn facility, to strengthen operations and balance sheet....
Dangote Refinery
Dangote Refinery Faces Backlash over Pricing, Monopoly Concerns from Marketers
Tensions are rising in Nigeria’s downstream oil sector as independent marketers and stakeholders accuse the Dangote Refinery of restrictive pricing, port cost challenges, and monopolistic practices. Despite being Africa’s largest refinery, marketers say it’s currently cheaper to import from Lomé than load domestically. Industry groups are calling for regulatory intervention and open-market reforms....
Dangote Refinery Price Slash to Drop Petrol Below ₦900/L Nationwide — Marketers Predict Industry Shock
Fuel marketers predict a petrol price crash to below ₦900/litre following a fresh Dangote Refinery slash, intensifying pressure on competitors and reviving price wars....
FG ORDERS FULL IMPLEMENTATION OF NAIRA-FOR-CRUDE INITIATIVE
FG revives the Naira-for-Crude agreement with local refiners as a long-term policy to boost energy security and cut dollar reliance....
NNPCL Petrol Price Hike: Nigerians Face Tougher Times
NNPCL Petrol Price Hike Announced The NNPCL petrol price hike has officially taken effect, with new pump prices set at ₦925 per litre in Lagos......
Dangote’s Bold Move: Petrol Price Slashed to N815/Litre Amid Intense Market Battle
Dangote Refinery slashes petrol loading price to N815/litre, sparking intense competition in Nigeria's oil market. Discover how this price drop benefits consumers....