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The Dangote Petroleum Refinery says only 3 percent of local oil marketers are purchasing refined petroleum products. Devakumar Edwin, vice-president of Dangote Industries Limited (DIL), spoke...
Oando Plc, one of the sub-Saharan Africa’s leading indigenous energy companies, could be likened to an idea whose time has come. In reminiscence, its...
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased to 1.35 million barrels per day (bpd) in August. In its...
The National Bureau of Statistics (NBS) says the country generated N1.56 trillion as value-added tax (VAT) between April and June this year. The figure...
The Central Bank of Nigeria (CBN) has approved the sale of dollars to bureau de change (BDC) operators at N1,580/$. In a circular signed by W.J Kanya, acting...
Dangote Group says the Nigerian National Petroleum Company (NNPC) Limited has not commenced lifting of premium motor spirit (PMS), also known as petrol, from its refinery....
Aliko Dangote, chairman of Dangote Industries Limited, says the price of petrol from his refinery will be determined by the federal executive council (FEC), led by...
Billionaire businessman Femi Otedola has congratulated his friend and brother Aliko Dangote on the actualisation of his $20bn refinery in Lagos. Otedola said with petrol...
Aliko Dangote, chairman of Dangote Industries Limited, has officially announced the commencement of petrol production at his refinery. Dangote announced the milestone on Tuesday, showcasing a...
In a landmark move that has sent shockwaves through the Nigerian energy sector, Oando Plc, a leading indigenous energy solutions provider, has completed the acquisition...