As part of efforts to strengthen the regional distribution network of its 700,000-barrel-per-day refinery and strengthen presence in Africa, the Dangote Group is considering a petroleum...
The Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement that raised approximately US$2.5 billion in new equity, following a...
Fuel marketers have resumed loading petrol and diesel from private depots after an almost one-week disruption triggered by recent price adjustments in the downstream petroleum sector....
Critical stakeholders are lamenting that fuel importers, licensed by the Nigerian government, are selling imported premium motor spirit (PMS) also known as petrol around N200 per...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has lamented the recent approval of import licences for petroleum products, because it is worsening price volatility and...
The Dangote Petroleum Refinery & Petrochemicals (DPRP) protects the Nigerian market from external price shocks, maintaining stable domestic fuel prices within a commercially acceptable range despite...
The Wall Street Journal has reported that billionaire industrialist Aliko Dangote is among the biggest beneficiaries of the disruption caused by the recent US-Iran conflict, with...
A 700,000-bpd East African oil refinery proposed by Africa’s richest man, Aliko Dangote, will be built in Kenya, a senior company official said Tuesday, putting a...
The petition filed by the Dangote Petroleum Refinery and Petrochemicals (DPRP) against the Federal Government over the issuance of fuel import licences to some petroleum marketers...
A former Governor of Lagos State, Babatunde Fashola (SAN), has claimed that the state government deliberately discounted the price of land allocated to the Dangote Group...