International Oil Companies (IOCs) operating in Nigeria have continued to bypass direct crude oil supply to local refineries, ...

International Oil Companies (IOCs) operating in Nigeria continue to bypass direct crude supply to local refineries, even as the country grapples with an ...

"IOCs offer crude to local refineries at significantly higher ... with modular and mega-refineries -- including the Dangote Petroleum Refinery -- aiming to reduce the country's dependency on imported ...

Nearly 60 million barrels of Nigerian crude oil were left stranded and unsold, floating on the high seas, as IOCs continued ...

African Export-Import Bank has launched a $3 billion revolving credit facility aimed at reducing Africa's dependence on ...

Africa’s richest man Aliko Dangote has vowed to push his $20 billion oil refinery in Nigeria towards full operational capacity, despite what he said were challenges from oil importers seeking to ...

The Dangote Petroleum Refinery in Lekki, Lagos State, has denied shutting down its petrol processing unit for maintenance. A senior spokesperson at the company told The PUNCH on Sunday that ...

Dangote Refinery on Wednesday reduced the Premium Motor Spirit ex-depot price to N835 from N865 per litre. The $20 billion refinery informed its customers in a notice sent out on Wednesday morning.

In a move that may offer some relief to consumers, the Dangote Petroleum Refinery has reduced the ex-depot (ex-gantry) price of its premium motor spirit (PMS) from ₦880 to ₦865 per litre.