Dangote Refinery PLC has dismissed reports claiming that a $1 billion loan from the Nigerian National Petroleum Company Limited (NNPCL) was crucial in resolving its liquidity issues. EDITOR’S PICKS Sanwo-Olu Donates N75M to Support Legionnaires and Families of Fallen Heroes Current Cement Prices: Dangote, BUA, Others This Festive Season Fatal Crash on Lagos Third Mainland … Read more
Dangote Refinery has reduced the Premium Motor Spirit (Petrol) price for marketers to N970 per litre. The spokesperson of Dangote Group, Anthony Chiejina, disclosed this in a statement on Sunday. According to him, the 650,000 barrels per day refinery slashed the petrol price by N20 from N990 per litre to N970. This comes as the … Read more
Dangote Refinery has clarified reports regarding a court case filed against the Nigerian National Petroleum Corporation Limited (NNPCL) and five other companies over the importation of petroleum products. The five other companies involved are Aym Shafa Limited, A. A. Rano Limited, T. Time Petroleum Limited, 2015 Petroleum Limited, and Matrix Petroleum Services Limited. EDITOR’S PICKS … Read more
Dangote Limited has refuted claims that it has set the price of petrol from its Lagos-based refinery at ₦600 per litre. This clarification was made in a statement issued on Tuesday night by the company’s Group Chief Branding and Communications Officer, Anthony Chiejina. The denial comes after the Independent Petroleum Marketers Association of Nigeria (IPMAN) … Read more
Dangote Refinery has stated that it has not yet received the 29 million barrels of crude oil that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) claimed to have allocated to the refinery. EKO HOT BLOG reports that the company expressed its desire for Nigerian refineries to be allowed to purchase crude oil directly from local … Read more