The Central Bank of Nigeria (CBN), on Wednesday, announced it has approved the sale of $20,000 to each eligible Bureau De Change (BDC) at the rate of N1,590 per dollar. A circular... Read more »

The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, has revealed that the price of petrol produced by his 650,000 barrels per day refinery in Ibeju-Lekki, Lagos State, is about... Read more »

11plc, Total Energies, AA Rano, and other marketers have begun lifting Dangote Petrol through Nigerian National Company (NNPC) Trading Limited for N765.99 to retail outlets nationwide. Akelicious findings showed some petroleum marketers... Read more »

Domestic crude oil refiners and officials at the Dangote Petroleum Refinery have kicked against the commencement of the importation of Premium Motor Spirit, popularly called petrol, by major oil marketers in Nigeria.... Read more »

The Central Bank of Nigeria (CBN) has announced that it will continue enforcing the controversial cybercrime levy at 0.005% on all electronic transactions under its new guidelines for the 2024-2025 fiscal year.... Read more »

The Nigerian National Petroleum Company Limited NNPCL) has authorised major petroleum marketers to commence lifting premium motor spirit, PMDS, otherwise known as petrol, from Dangote Petroleum Refinery under the existing agreement between... Read more »

On Monday, NNPC announced that it would sell the petrol lifted from the Dangote refinery at a price above N1,000/litre in the far north. Its spokesperson, Olufemi Soneye, disclosed in a statement titled,... Read more »

Nigerian National Petroleum Company Limited (NNPCL) has officially released estimated Pump Prices of PMS from Dangote Refinery, Based on September 2024 Pricing. According to a statement signed by Olufemi Soneye, Chief Corporate... Read more »

Dangote Refinery has hit out at the Nigerian National Petroleum Company Limited (NNPCL) for claiming they bought fuel from them at N898 per litre. Our attention has been drawn to a statement... Read more »

NNPC Ltd Releases Estimated Pump Prices of PMS from Dangote Refinery, Based on September 2024 Pricing The NNPC Ltd has released estimated prices of Premium Motor Spirit (PMS), also known as Petrol... Read more »

Nigeria recorded a trade surplus of N6.95 trillion in the second quarter of 2024, according to a report released by the National Bureau of Statistics (NBS) on Wednesday which shows a decline... Read more »

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says the price of petrol will determine if it will buy from the Nigerian National Petroleum Company (NNPC) Limited or Dangote Petroleum Refinery. According... Read more »

The Independent Petroleum Marketers Association of Nigeria announced on Saturday their willingness to purchase PMS from Dangote at any price, regardless of whether the NNPC decides to make a purchase or not... Read more »

The Federal Government of Nigeria has introduced a new levy on electronic money transfers. Starting September 9th, 2024, a one-time fee of N50 will be applied to electronic transfers of N10,000 and... Read more »

The Nigerian National Petroleum Company (NNPC) Limited has denied reports that it intends to become Dangote refinery’s sole distributor. In a statement issued on Saturday, the NNPC addressed allegations by the Muslim... Read more »

The CBN has approved the allocation of $20,000.00 to each qualified Bureau de Change at an exchange rate of N1,580 per dollar This measure aims to address the demand for invisible transactions.... Read more »

As Nigerians eagerly await the release of Premium Motor Spirit, popular known as petrol, from the $20bn Dangote Petroleum Refinery, the Nigerian National Petroleum Company Limited says it will lift the product... Read more »

The Dangote Group has refuted the claims in the media that the Nigeria National Petroleum Company Limited (NNPC Ltd) is currently lifting petrol from its refinery and selling at N897 per litre.... Read more »

Vice President, Downstream at the Nigeria National Petroleum Company Limited (NNPCL), Mr Adedapo Segun, on Thursday, revealed that the Dangote Refinery between September and November will receive additional 17.8million barrels of crude... Read more »