President Bola Tinubu has approved a new directive to promote the trade of crude oil using the local currency.
The Federal Inland Revenue Service (FIRS) Chairman, Zacchaeus Adedeji,… Read More...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced an increase in the daily Crude oil production in Nigeria, from 1.25 million barrels per day (mbpd) in June… Read More...
Dangote Industries Limited (DIL) has debunked reports suggesting that Dangote Refinery was reselling crude oil because its crude distillation unit (CDU) was faulty.
But, in a press… Read More...
Dangote Petroleum Refinery, is reselling crude oil cargoes from both the United States and Nigeria.
Reuters sources indicate that this move, unusual for refineries, stems from… Read More...
Dangote Petroleum Refinery is reselling crude oil cargoes from both the United States and Nigeria.
Reuters sources indicated that the move, unusual for refineries, stemmed from… Read More...
The management of Dangote Industries Limited (DIL) has accused the trading arms of oil firms in Nigeria of selling crude oil cargoes at $2-$4 per barrel above the official market… Read More...