Tag: downstream sector

Fuel Shock: Dangote petrol price hike again as costs hit N1,275/Litre

Business Damilola Bayonle -
Nigeria’s downstream oil sector faced fresh turbulence on Saturday as a new Dangote petrol price hike pushed the ex-depot...

Dangote Refinery partners marketers to secure fuel supply as global oil prices fluctuate

Business Damilola Bayonle -
Nigeria’s downstream petroleum sector is witnessing a strategic realignment as industry players intensify collaboration to ensure stable fuel distribution...

Petrol consumption falls to 56.9m litres daily as Dangote supply declines, NMDPRA reports

Business Damilola Bayonle -
Nigeria’s petrol consumption recorded a noticeable decline in February 2026 as supply patterns across the country’s downstream petroleum sector...

Petrol may hit N1,000/litre as Dangote hikes price amid global oil market turmoil

Business Damilola Bayonle -
Petrol may hit N1,000/litre as Dangote hikes price amid global crude volatility Retail fuel prices across Nigeria may soon surge...

Nigeria moves to Euro 5 standard as Dangote refinery delivers cleaner, low-sulphur petrol

Business Damilola Bayonle -
Nigeria now benefits from cleaner petrol produced locally as Dangote Refinery ramps up Euro 5 production Nigeria now benefits from...

Dangote fuel price cut to N774 as refinery expands footprint with new Burundi investment plans

Business Damilola Bayonle -
Dangote fuel price cut reshapes Nigeria’s downstream market as Burundi expansion gains traction Dangote Petroleum Refinery has announced a fresh...

Local refiners move to slash petrol imports as Dangote, modular plants power output surge

Business Damilola Bayonle -
Nigeria’s downstream petroleum sector is approaching a potential turning point as domestic refiners intensify efforts to cut petrol imports...

Nigeria’s fuel sector divided: Local refiners and marketers clash over fuel imports

Business Damilola Bayonle -
Local Refiners, Marketers Clash Over Fuel Imports as Debate on Nigeria’s Downstream Future Deepens Tensions within Nigeria’s downstream petroleum sector...

Dangote pumps 43 million litres, shuts down rumours and reassures petrol market stability

Business Damilola Bayonle -
Dangote Pumps 43 Million Litres as Refinery Reassures Market Stability The Dangote Petroleum Refinery has dismissed widespread speculation alleging a...

Dangote refinery stuns market with massive fuel price reduction ahead of yuletide rush

Business Damilola Bayonle -
Dangote Refinery Fuel Price Reduction Sparks Fresh Market Reactions Nigeria’s downstream petroleum market witnessed a major shakeup on Friday as...

Massive Shift: NNPC petrol importation soars to 1.56bn litres as Nigeria battles supply gaps

Business Damilola Bayonle -
NNPC Petrol Importation and the Sharp Rise in November Fuel Supply Nigeria’s downstream petroleum market witnessed a dramatic shift in...

Petrol Consumption in Nigeria Drops to 1.59bn Litres in November After October Surge

Business Damilola Bayonle -
Understanding the Shift in Petrol Consumption in Nigeria Nigeria’s petrol consumption in Nigeria declined to an estimated 1.59 billion litres...