
Despite reduced prices at the depots by Dangote and operators, cooking gas retailers are exploiting consumers, making as much as 35% profit per kilogramme.
Despite reduced prices at the depots by Dangote and operators, cooking gas retailers are exploiting consumers, making as much as 35% profit per kilogramme.
The Nigerian government has praised Aliko Dangote for choosing Nigeria over wealth in building the Dangote Refinery, saying he would have been $120bn richer.
Dangote Refinery and fuel importers experience frequent and unpredictable changes in the price of Premium Motor Spirit (PMS) is affecting fuel stations.
The Nigerian Content Development and Monitoring Board and the Minister of State for Petroleum Resources have confirmed the launch date for the African Energy Bank.
Dangote Refinery has once again taken steps to reduce petrol prices in Nigeria by offering marketers a rebate, making its price cheaper than that of its rivals.
The Minister of State for Petroleum Resources, Heineken Lokpobiri, revealed that several multinational companies left Nigeria due to what he called middlemanism.
Nigerian petroleum product marketers now import fuel through the Lome Port in Togo, citing the Nigerian government's decision to promote naira transactions.
Nigerian fuel traders face shortages from state refineries, increasing reliance on costly imports and the Dangote Refinery despite recent upgrades.
Chevron Nigeria Limited (CNL), one of the leading oil companies in the world, has announced new openings for Nigerian students to gain valuable practical experience.
The National Bureau of Statistics has revealed that the price of petrol at filling stations nationwid increased again in the month of April led by 3 states.
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