Dangote Petroleum Refinery has increased the gantry price of petrol from N699 to N799 per litre, effective immediately. MRS retail outlets will now sell petrol at N839 per litre, up from N739 per litre. This price adjustment follows the end of the festive season, with the refinery citing the need for sustainable pricing to support […]
Dangote Cement says Aliko Dangote, its majority shareholder and founder, has retired as the chairman of the cement manufacturer. In a statement on Friday, signed by Anthony Chiejina, the company’s group chief, branding and communications officer, Dangote Cement said the businessman relinquished the position to focus on Dangote Petroleum Refinery, petrochemical and fertiliser plant, as […]
In a move that is set to reshape the African entertainment landscape, French media giant Canal+ has successfully acquired South Africa-based MultiChoice Group in a $3 billion deal, gaining full control of popular pay-TV services DStv and GOtv. The acquisition received the green light from South Africa’s Competition Tribunal on Wednesday, July 23, 2025 after […]
The Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit, popularly known as petrol, from N880 to N840 per litre. Spokesman for the Dangote Group, Anthony Chiejina, confirmed the price adjustment to The PUNCH on Monday night, saying the new rate took effect on June 30. “PMS price has been reduced from […]
Nigerians may soon pay more for petrol as the Dangote Petroleum Refinery on Friday increased its ex-depot price for Premium Motor Spirit to N880 per litre, raising fresh concerns over fuel affordability and price volatility in the downstream sector. Checks on petroleumprice.ng, a platform tracking daily product prices, and a Pro Forma Invoice seen by […]
The Dangote Petroleum Refinery has announced plans to begin nationwide distribution of Premium Motor Spirit and diesel from August 15, 2025. The company is deploying 4,000 brand-new Compressed Natural Gas-powered tankers to boost delivery capacity and improve access to fuel across the country. The offer, according to a statement released on Sunday, is open to […]
The Nigerian National Petroleum Company (NNPC) Limited has reduced the price of Premium Motor Spirit (PMS), also known as petrol, to N910 per litre from N935 per litre in Abuja. However, the price adjustment has not yet been implemented in Lagos and other cities across Nigeria. Meanwhile, Dangote Petroleum Refinery initiated the price adjustment last […]
Dangote Petroleum Refinery has slashed the gantry price Premium Motor Spirit, PMS, also known as petrol to ₦825 per litre from N835 per litre as competition continues in the domestic market. Last month, the 650,000 barrels per day refinery reduced the gantry price of petrol to N835 per litre from N865 per litre. Checks by […]