Tag: downstream petroleum

Nigeria Fuel Imports Surge Despite Dangote Refinery Capacity Claims

Business Damilola Bayonle -
Fresh Petrol Imports Deepen Questions Over Nigeria’s Refining Independence Nigeria is receiving another large wave of imported fuel cargoes despite...

Nigeria fuel supply 2026: New NMDPRA boss warns global oil shocks could test energy stability

Business Damilola Bayonle -
Nigeria Fuel Supply 2026 Enters Critical Phase Amid Global Oil Market Tension Nigeria’s fuel supply system is entering a decisive...

NNPC Boosts Crude Supply to Dangote Refinery as Nigeria Targets Fuel Stability and Exports

Business Damilola Bayonle -
Nigeria’s drive to strengthen local refining capacity gained momentum in March, as NNPC crude supply to Dangote refinery increased...

Nigeria’s petrol demand soars 34% to 63.7m litres daily as economic activity rebounds

Business Damilola Bayonle -
Economic expansion fuels 34% jump in Nigeria’s petrol demand Nigeria’s renewed economic momentum is beginning to reflect in energy...

Petrol price surge: Marketers urge FG to subsidise crude to avert fuel shock

Business Damilola Bayonle -
Nigeria’s downstream petroleum sector is once again under pressure as a recent uptick in global crude oil prices triggers...

Petrol importation Nigeria 2025: Why imports still dominate despite Dangote refinery boom

Business Damilola Bayonle -
Nigeria’s long-standing dependence on petrol importation persisted throughout 2025, despite the emergence of large-scale domestic refining, underscoring the depth...

Petrol price war escalates as fuel stations crash prices below Dangote benchmark

Business Damilola Bayonle -
Nigeria’s downstream petroleum market is witnessing one of its fiercest competitive phases in years, as several fuel retailers have...

Dangote refinery deal backfires: Fuel imports skyrocket, marketers abandon ship

Business Damilola Bayonle -
Nigeria’s downstream petroleum sector has been thrown into fresh uncertainty following the breakdown of a high-profile fuel supply arrangement...

NNPC refinery spending crisis: Calls for urgent transparency

Business Damilola Bayonle -
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised serious concerns over an estimated N11.35 trillion...

NMDPRA fast-tracks petroleum vessel clearance processes

Business Damilola Bayonle -
Petroleum Vessel Clearance Processes Strengthened as NMDPRA Prioritises Faster Approvals Fresh regulatory data has revealed that the Nigerian Midstream and...

Port Harcourt refinery supplies diesel despite shutdown — NMDPRA reveals losses and delays

Business Damilola Bayonle -
The prolonged shutdown of the Port Harcourt Refining Company has continued to attract fresh scrutiny after new regulatory disclosures...

Dangote slashes petrol costs: New Dangote petrol pump price sparks nationwide price reset

Business Damilola Bayonle -
Nigeria’s downstream petroleum market is bracing for a significant shift as the Dangote Petroleum Refinery prepares to roll out...