The Dangote Refinery has reduced the ex-gantry price of Premium Motor Spirit (petrol) by ₦75 to ₦1,200 per litre, industry sources said Wednesday. The price cut comes weeks after the refinery increased petrol prices to about ₦1,275 per litre,…
Nigeria’s federal government, state governors and private sector organizations have pledged more than 65 billion naira ($65 billion naira) to a new National Community Food Bank Programme aimed at tackling child malnutrition and food insecurity.…
Chairman and CEO of Dangote Group, Aliko Dangote, has warned that the ongoing Middle East crisis could force Nigeria and other African countries to adopt COVID-era work-from-home measures if the conflict does not ease. Dangote made the remarks…
Dangote Petroleum Refinery has expanded its regional reach, exporting 12 cargoes of refined petroleum products totaling 456,000 tonnes to five African countries amid a fuel supply crunch linked to geopolitical tensions in the Middle East. The…
Nigerians across major cities are grappling with rising gasoline prices after the Dangote Petroleum Refinery increased its gantry price for Premium Motor Spirit, commonly known as petrol, to 995 naira per liter, pushing pump prices above 1,000…
Retail petrol prices in Nigeria could rise to between 980 naira and more than 1,000 naira per litre following a new increase in the gantry price by Dangote Petroleum Refinery, industry sources said Monday. The adjustment comes as the Dangote…
The Dangote Petroleum Refinery has signed an offtake agreement with 12 major petroleum marketing companies to distribute between 60 million and 65 million liters of Premium Motor Spirit daily nationwide, a move expected to stabilize supply and…
Nigerian billionaire Aliko Dangote said Tuesday that the naira could strengthen to 1,100 per U.S. dollar this year, citing government reforms and a push for local manufacturing. Dangote, chairman of the Dangote Group, made the remarks at the…
Dangote Petroleum Refinery has cut its Premium Motor Spirit, or petrol, gantry price by N25 per liter, lowering the ex-depot rate from N799 to N774 per liter in what industry analysts describe as a strategic recalibration amid shifting market…
Dangote Cement Plc says it is stepping up investments across Africa to make the continent self-sufficient in cement production and reduce dependence on imported building materials. Speaking during a briefing on the company’s expansion plans,…
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