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...
February 12, (THEWILL) — The Dangote Petroleum Refinery has recorded a historic global first, becoming the only refinery worldwide to attain and sustain full nameplate capacity of 650,000 barrels per day on its Crude Distillation Unit (CDU) and...
February 11, (THEWILL) — Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from ₦799 to ₦774 per litre, representing a ₦25 decrease.
The new price took effect on February 10,...
January 27, (THEWILL) — Dangote Petroleum Refinery & Petrochemicals has announced the reversal of the gantry price of Premium Motor Spirit (PMS), popularly known as petrol, from ₦739 per litre to ₦799 per litre, marking the end of its...
Formula 1 is set for a major overhaul in 2027 after the FIA approved several regulatory changes that will affect race distances, event interruptions and technical development across the championship.