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DANGOTE REFINERY
The Federal Competition and Consumer Protection Commission (FCCPC) has urged the Court of Appeal in Abuja to overturn a Federal High Court decision and join the Commission as a defendant in the lawsuit challenging Dangote Petroleum Refinery and Petrochemicals FZE’s N100 billion import license case.
Despite increased domestic refining capacity (primarily led by Dangote Refinery), data on petrol importation has been staggering and deeply worrisome.
The Federal High Court Abuja has dismissed the Federal Competition and Consumer Protection Commission's (FCCPC) request to join and challenge Dangote Petroleum Refinery and Petrochemicals FZE's N100 billion import license lawsuit.
The Federal High Court in Abuja has struck out the Nigerian National Petroleum Company Limited’s (NNPCL) preliminary objection challenging the competence of the N100 billion import license suit instituted by Dangote Petroleum Refinery and Petrochemicals FZE.
Nigeria’s economy is expected to grow at a faster pace, with real GDP projected to rise from 3.0% in 2024 to 3.6% in 2025, according to new projections by Afreximbank Trade Intelligence Solutions.
The Dangote Refinery and Petrochemical Company is reportedly sourcing crude oil from multiple international suppliers as it gradually...
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has warned against monopolies and unfair competition in...
Chief Economist at the SBM Professionals, Dr. Paul Alaje has argued that Nigerians will gain from the ongoing price war between the Dangote Refinery and the Nigeria National Petroleum Company Limited (NNPCL).
The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump prices of Premium Motor Spirit otherwise known as petrol sold at its outlets across the country as the competition in the downstream sector of the oil industry intensifies.
Dangote Petroleum Refinery & Petrochemicals has announced that it will refund customers who purchase Premium Motor Spirit (PMS) at rates higher than the advertised prices from any of its key partners – AP (Ardova Plc), Heyden, or MRS – across Nigeria.
Dangote Petroleum Refinery & Petrochemicals has stated that it will make a N65/litre refund to marketers who purchased Premium Motor Spirit (PMS) otherwise known as petrol, at rates higher than the earlier announced prices so Nigerians will benefit from cheaper fuel.
Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from N890 to N825 per litre, effective February 27, 2025.