The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has said that it would be suicidal for Dangote Refinery to sell petrol below its production cost. Rewane made this statement on Channels Television’s Business Morning segment of Sunrise Daily breakfast programme on Tuesday.

When the news broke last week that an agreement was now in place that would see to NNPCL loading petrol from the Dangote Refinery, it came with a mix of joy and relief for some of us

Nigeria’s state-owned energy firm began shipping gasoline from the Dangote Refinery, a step that could end decades of dependence on imports of the fuel for Africa’s largest crude producer.

The Nigerian National Petroleum Company Limited (NNPCL) says it bought Premium Motor Spirit at N898 per litre from Dangote Refinery.

Nigeria’s giant new Dangote oil refinery has had to rely on the supply of foreign crude to such an extent that it’s built extra storage tanks to hold the barrels, a senior company official said.

Nigerian state firm NNPC Ltd raised petrol prices by 11%, marking a second increase in two weeks. The hike follows NNPC's fuel purchase from Dangote refinery. This move comes amid rising inflation and public discontent,

Nigerian state oil firm NNPC Ltd on Monday increased the price of petrol by 11%, the second increase in two weeks and a day after it started purchasing the fuel from the giant Dangote oil refinery on the outskirts of Lagos.

Na over 300 trucks NNPCL wey belong to NNPCL bin arrive for Dangote refinery for Ibeju-Lekki area of Lagos on Saturday, 14 September ahead of di petrol loading.

The prices of Premium Motor Spirit (Petrol) stood between N897 and N980 per litre in major filling stations in the Federal Capital Territory, Abuja, as of Monday morning. DAILY POST correspondent who went around major filling station outlets,