A Nigerian presidential committee announced on Friday that state-owned oil company NNPC Limited will distribute gasoline from the 650,000 barrels-per-day Dangote Refinery to the local market, ending the deadlock that had stalled distribution.

Nigeria’s state-owned energy firm began shipping gasoline from the Dangote Refinery, a step that could end decades of dependence on imports of the fuel for Africa’s largest crude producer.

The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has said that it would be suicidal for Dangote Refinery to sell petrol below its production cost. Rewane made this statement on Channels Television’s Business Morning segment of Sunrise Daily breakfast programme on Tuesday.

When the news broke last week that an agreement was now in place that would see to NNPCL loading petrol from the Dangote Refinery, it came with a mix of joy and relief for some of us

Nigeria’s giant new Dangote oil refinery has had to rely on the supply of foreign crude to such an extent that it’s built extra storage tanks to hold the barrels, a senior company official said.

With major oil marketers now joining the Nigerian National Petroleum Company Limited (NNPCL) in lifting fuel from the Dangote Refinery, Nigerians are holding th

Nigerian state oil firm NNPC Ltd on Monday increased the price of petrol by 11%, the second increase in two weeks and a day after it started purchasing the fuel from the giant Dangote oil refinery on the outskirts of Lagos.

Na over 300 trucks NNPCL wey belong to NNPCL bin arrive for Dangote refinery for Ibeju-Lekki area of Lagos on Saturday, 14 September ahead of di petrol loading.

The prices of Premium Motor Spirit (Petrol) stood between N897 and N980 per litre in major filling stations in the Federal Capital Territory, Abuja, as of Monday morning. DAILY POST correspondent who went around major filling station outlets,