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The latest stories from Ondo State, across Nigeria, and the conversations shaping our community.
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business
Dangote Petroleum Refinery has stopped selling petrol to major marketers that import fuel, accusing them of blending its products with imported petrol and potentially compromising product-quality distinctions.
business
A Federal High Court ruling allowing three oil marketers to continue seeking fuel import licences has renewed the legal and commercial dispute over petrol imports in Nigeria.
business
The ongoing Dangote Refinery IPO has renewed discussion about investor trust, corporate credibility and how businesses prepare for crises that could affect long-term value.
business
Nigerians are using personal savings, loans and proceeds from asset sales to participate in the Dangote Refinery’s public share offering, amid strong retail investor interest.
business
Rwanda’s Capital Markets Authority says it is working with stakeholders to enable Rwandan investors to participate in the ongoing Dangote Petroleum Refinery IPO.
Security
As gathered by our news desk, troops of the Nigerian Army have arrested 15 suspected oil thieves around the Ibeju Lekki axis of Lagos State. This is contained in an operational report made available to the News Agency of Nigeria on Friday in Abuja.
News
The African Export-Import Bank (Afreximbank) has announced a major $4 billion funding initiative to support the full operationalization of the Dangote Refinery. The financing package is intended to bolster the refinery's capacity to meet domestic fuel demand and enhance its position as a regional energy hub.
News
Dangote Petroleum Refinery has reduced its gantry price for petrol to N1,200 per litre from N1,275, while its coastal price now stands at N1,153 per litre. The refinery says the adjustment is expected to affect fuel supply costs across depots and retail outlets.
News
The Dangote Refinery has revealed it receives only five out of the 15 crude oil cargoes it requires monthly, raising concerns over supply shortfalls and rising fuel costs.
