News & Updates

IG

Foreign

5

Apr 07, 2026 2 min read

Iran Guards Threaten To Deprive US Allies Of Oil And Gas For Years

In a sharp escalation of regional tensions, Iran’s Revolutionary Guard has issued a stern warning, threatening to cut off vital energy supplies to US allies for an extended period.

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DR

News

13

Mar 25, 2026 1 min read

Dangote Refinery Falls Short on Crude Supply, Gets 5 of 15 Cargoes Monthly

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.

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PR

News

22

Mar 24, 2026 1 min read

PETROAN Recommends Transport Subsidy to Ease Burden on Nigerians

The Petroleum Products Retail Outlets Owners Association of Nigeria has proposed a transport subsidy to cushion the effect of soaring fuel prices on Nigerians.

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News

9

Mar 13, 2026 2 min read

Dangote Refinery Announces New Petrol Price of ₦1,175 per Litre

The Dangote Petroleum Refinery has increased the price of petrol to ₦1,175 per litre following a spike in global crude oil prices, a move expected to influence fuel pump prices across Nigeria.

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DR

News

8

Mar 12, 2026 2 min read

Dangote Refinery Slashes Petrol Price by ₦100 as Global Crude Prices Fall

Dangote Petroleum Refinery has reduced the price of petrol by ₦100 per litre following a drop in global crude oil prices, offering some relief to marketers and consumers.

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DR

News

13

Mar 11, 2026 2 min read

Dangote Refinery Becomes Major Petrol Supplier Amid Import Suspension

Nigeria’s petrol importation has dropped sharply as the Dangote Refinery now supplies about 92% of the country’s fuel demand, prompting the Federal Government to halt the issuance of import licences.

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