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Dangote Petroleum Refinery has resumed gantry loading of petrol in local currency after a week-long suspension. The facility simultaneously increased its ex-depot price by N141 to N1215 per litre. The thirteen per cent price hike will immediately force filling stations to adjust pump rates upward across the country. Customer notices reveal that all outstanding, uncollected…
Private petroleum depots have resumed loading petrol and diesel after a week-long operational hiatus triggered by market volatility and price recalibrations. The Independent Petroleum Marketers Association of Nigeria confirmed on Tuesday that depot operators reopened gantries following temporary shutdowns to adjust wholesale prices. Operators halted operations to recalculate replacement costs and demand top-up payments on…
Africa’s largest refinery has pushed back against allegations that petrol produced at its Lagos facility is shipped to Lomé in Togo and then quietly returned into the Nigerian market, describing the claims as commercially illogical, contractually barred, and unsupported by trade data. Dangote Petroleum Refinery and Petrochemicals issued the rebuttal on Tuesday, June 23, 2026,…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has announced an upward adjustment in the Domestic Base Price of natural gas, setting the new rate at $2.18 per Million British Thermal Units effective April 1, 2026. The new pricing structure represents a five-cent increase from the 2025 rate of $2.13 per MMBtu applicable…
