Dangote Refinery

Dangote Refinery
Business & Economy

Dangote Refinery cuts petrol price to N1,325 as crude oil falls

Dangote Refinery has lowered the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, following another decline in international crude oil prices. A market survey showed that the 700,000-barrel-per-day refinery reduced its petrol price to N1,325 per litre from N1,350, representing a N25 cut. The latest adjustment comes amid a sharp decline in

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Business & Economy NASS News Uncategorized

Dangote Shares: Don’t Sell Your House, Use School Fees to Invest — Emir Sanusi Advises  

The Emir of Kano, Muhammadu Sanusi II, has advised prospective investors in the Dangote Refinery Initial Public Offering (IPO) against committing money they may urgently need, including their children’s school fees or proceeds from selling their homes. Sanusi gave the advice on Thursday at the Dangote Refinery IPO investor roadshow in Kano, where he encouraged

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Business & Economy

Why Petrol Price Remains High Despite Local Production — Dangote

President of Dangote Industries Limited, Aliko Dangote, has attributed the relatively high cost of petrol in Nigeria partly to the continued smuggling of the commodity to neighbouring countries, where it commands significantly higher prices. Dangote said the price disparity, which he put at between 30 and 50 per cent in some neighbouring countries, creates a

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