Category: blog

Increase in fuel price not our fault – Marketers

Dangote Refinery and Petroleum Products Marketers have shifted the blame for the recent premium motor spirit price hike to global crude oil prices as Nigerians lament its impact. Accordingly, the…

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Marketers Jostle to Join Dangote Refinery Bulk-purchase Incentives Competitive Pump Price

Attracted by the bulk-purchase agreement incentives being offered by the Dangote Petroleum Refinery, more oil marketers in the country are jostling to be listed as beneficiaries of the agreement. The…

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Makinde says Oyo ‘ll continue to partner investors

The governor of Oyo State, Seyi Makinde, has reiterated his administration’s commitment to partnering with local and foreign investors for the development and economic prosperity of the state. The governor…

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Energy firm Tetracore partners Dangote Cement on CNG supply

Following the goals of President Bola Tinubu’s Presidential CNG Initiative (Pi-CNG), Tetracore Energy has partnered Dangote Cement, a subsidiary of Dangote Group, to supply Compressed Natural Gas (CNG) for its…

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Oil Marketers Urge Refinery Privatization, Investment in CNG

Oil marketers, under the auspices of the Petroleum Products Retail Outlets Owners Association of Nigeria, have charged the President Bola Tinubu-led Federal Government to privatize government-owned refineries, encourage competition, enhance…

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Oil Firms, Dangote Sign Deal For Affordable Petrol Supply

The Dangote Petroleum Refinery says Heyden Petroleum and Ardova Plc have joined it to ensure the supply of affordable Premium Motor Spirit (petro) in Nigeria. The Dangote refinery in a…

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Nigeria, Others Lose Investments Due To Inefficiencies

The World Bank has said that inefficiencies in public spending are costing developing nations a significant portion of their investments. Nigeria is among the developing nations of the world. The…

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Nigeria and others lose $1.6bn daily to illicit flows

The African Development Bank has revealed that the continent loses about $1.6bn every day to illicit financial flows and profit shifting on the part of multinationals operating in Africa. This…

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World Bank lowers lending rate, adding $30B to available financing

The World Bank has announced the removal of several loan fees to make borrowing more affordable for vulnerable countries. The move is part of broader efforts to expand financial capacity…

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Nigerian Applaud Dangote/MRS Alliance As Petrol Price Is Slashed To ₦935/Litre Nationwide

MRS Oil Nigeria Plc, a prominent player in the Nigerian downstream oil industry, has implemented a new petrol price of ₦935 per litre across all its retail service stations nationwide.…

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