# Tags

Dangote Says Refinery Investors Will Receive Dollar Dividends

President of the Dangote Group, Aliko Dangote, has assured investors in Dangote Petroleum Refinery and Petrochemicals FZE that dollar-denominated dividends could help parents with children studying abroad meet their school fees, even if the naira depreciates. The billionaire entrepreneur gave the assurance on Monday on the trading floor of the Nigerian Exchange (NGX) in Lagos, […]

Dangote Says Refinery IPO Aims to Democratise Wealth Creation

President of the Dangote Group, Aliko Dangote, has said the planned initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE is aimed at making wealth creation accessible to ordinary Nigerians and other investors, rather than raising funds for the conglomerate. The billionaire entrepreneur made this known on Monday on the trading floor of […]

Zenith Bank Opens Digital, Branch Channels for Dangote Refinery IPO

Nigerians at home and in the diaspora seeking to participate in the landmark initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals can subscribe through Zenith Bank, a receiving bank and designated electronic application channel for the historic transaction. Subscriptions are available through the Zenith Bank website, mobile app, internet banking, USSD, corporate internet […]

Dangote: Africa Must Take Bold Steps to Earn Global Respect

President and Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, has called on Nigeria and other African countries to take bold steps to drive change and prosperity across the continent. Dangote said Africa must take deliberate steps to develop its economy and strengthen its institutions if it wants Europe and other continents to take […]

Dangote Refinery Raises Petrol Supply as Processing Capacity Reaches 700,000 Barrels Per Day

Dangote Petroleum Refinery & Petrochemicals has stepped up local supplies of Premium Motor Spirit (PMS), otherwise known as petrol, as the facility’s crude processing capacity rose to 700,000 barrels per day (bpd), according to findings by Channels Television. Checks by our correspondent showed that supplies to the refinery’s partner outlets, including MRS stations, increased between […]

Dangote Refinery Cuts Petrol Price By ₦100 To ₦1,075 Per Litre

The Dangote Refinery on Tuesday reduced its ex-gantry price of petrol to ₦1,075 per litre, representing a ₦100 drop from the previous rate of ₦1,175 per litre. The Dangote Group’s Chief Communications Officer, Mr. Anthony Chiejina, confirmed the development in a telephone interview with Channels Television, adding that petrol supplied through coastal distribution will now […]

Dangote Refinery Says Global Crude Prices, Freight Costs Driving Fuel Price Increases

Dangote Petroleum Refinery has said it remains fully exposed to international commodity markets, including crude oil prices, freight charges, insurance costs, and financing expenses. The refinery explained that volatility in global oil markets is increasing operational costs. The Managing Director and Chief Executive Officer of Dangote Petroleum Refinery, Mr. David Bird, who spoke at a […]

Dangote Refinery Raises Petrol Price to ₦1,175/Litre, Diesel to ₦1,620/Litre

Dangote Petroleum Refinery has revised its ex-depot prices, increasing the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦1,175 per litre, while Automotive Gas Oil (AGO), or diesel, has been raised to ₦1,620 per litre. The latest adjustment marks the fourth consecutive price review in less than two weeks amid volatility […]

Dangote Refinery Cuts Petrol Ex-Depot Price to N774 Per Litre

Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (PMS) by N25 per litre, lowering the ex-depot rate from N799 to N774 per litre. The adjustment was announced in a notice issued to marketers by the refinery’s Group Commercial Operations Department, Dangote Petroleum Refinery and Petrochemicals FZE, stating that the change takes […]

Petrol to Sell at ₦739 per Litre Nationwide from Tuesday — Dangote

Founder and President of Dangote Group, Mr. Aliko Dangote, has announced that the pump price of petrol will drop to ₦739 per litre nationwide from Tuesday, with initial implementation at MRS filling stations in Lagos. Mr. Dangote disclosed this during a press briefing at the Lekki Refinery on Sunday, revealing that the refinery had already […]

Social Media Auto Publish Powered By : XYZScripts.com