Dangote Refinery

March 29, (THEWILL) — Let me begin with a caveat: no economy is completely insulated from global geopolitical tensions. While the Dangote Refinery reduces import dependence, it cannot fully shield domestic fuel prices from international market shocks. The refinery...

March 27, (THEWILL) — Nigeria’s downstream petroleum sector received a welcome boost on Friday, as Dangote Petroleum Refinery and Petrochemicals announced a reduction in its gantry price for premium motor spirit (PMS), popularly known as petrol, to ₦1,200...

March 20, (THEWILL) — The Dangote Refinery is increasingly positioning itself as a critical fuel supply hub for Nigeria and parts of Africa, as disruptions linked to the Iran conflict continue to unsettle global oil markets. Rising geopolitical tensions in...

March 19, (THEWILL) — The Dangote Refinery imported crude oil worth $3.74 billion in 2025, highlighting its growing dependence on foreign feedstock despite Nigeria’s status as a major oil producer.  The scale of imports reflects persistent constraints...

March 10, (THEWILL) — In a move that promises short-term relief for marketers, bulk buyers, and consumers, Dangote Petroleum Refinery and Petrochemicals has reduced its gantry (ex-depot) prices for fuel and diesel. The adjustment comes amid a recent decline...

March 05, (THEWILL) — Dangote Petroleum Refinery & Petrochemicals has reiterated its unwavering commitment to ensuring an uninterrupted fuel supply and national energy stability, even as global crude prices surge and international market volatility intensifies. In statements released on Thursday,...

March 03, (THEWILL) — As the Dangote Refinery prepares for its landmark listing on the main board of the Nigerian Exchange Limited (NGX), indications emerged on Friday that Stanbic IBTC Capital, a leading investment bank in Nigeria and a...

March 02, (THEWILL) — The Dangote Petroleum Refinery has increased its Premium Motor Spirit (PMS) gantry price by ₦101, raising the ex-depot rate from ₦774 to ₦875 per litre, a development that has heightened concerns over fresh fuel price...

February 25, (THEWILL) — Nigeria may be on the verge of achieving fuel self-sufficiency as the Dangote Petroleum Refinery & Petrochemicals announced plans to supply more than 65 million litres of Premium Motor Spirit (PMS) daily to the domestic...

February 15, (THEWILL) — The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that the Dangote Petroleum Refinery increased its domestic supply of Premium Motor Spirit (PMS), also known as petrol, to an average of 40.1 million...