Cooking gas prices fall across Nigeria as LPG supply rises above consumption, with Lagos recording a sharp drop to N1,235 per kilogramme in July
Dangote rejects wealth rankings as distracting, saying his businesses are worth far more than published estimates and outlining his $100bn 2030 vision
Domestic refineries supplied 7.41bn litres between January and July, while petrol imports fell 62.3% year-on-year despite a sharp rebound in June and July
Dangote Refinery has reduced its LPG gantry price to N950 per kilogram, prompting depot owners and marketers to lower their rates across Nigeria
Proposed NUPRC framework could cut logistics costs for local refiners by up to $4 per barrel
David Bird says the refinery will first build a stronger operating record as it prepares for a major Nigerian listing in October
The minister says Nigeria needs more refineries and infrastructure to become a major African fuel hub
Dangote Refinery Secures Record $2.5bn Equity Funding in Africa’s largest disclosed primary equity private placement to support expansion and growth
Dangote Refinery petrol sales remain active as the company denies suspending gantry supplies to marketers amid fuel pricing concerns
S&P Global says refinery’s stable pricing is limiting imported fuel costs despite rising global gasoline prices and freight rates