Yemi Cardoso, says lifting of petroleum products from the Dangote refinery will moderate foreign exchange demand pressures.

The Central Bank of Nigeria (CBN) argues that raising petroleum products from the Dangote Refinery in Lagos will reduce transportation costs and food inflation. CBN Governor Olayemi Cardoso revealed ...

"We must recognise that without resolving the underlying economic fundamentals, we will continue to sub-optimise," Mr Cardoso said.

In addition to being partners, Dangote and NNPCL will soon become bitter business rivals competing for clients in the downstream sector.

The Federal Government may spend about N236 billion monthly to subsidise the Premium Motor Spirit, popularly called petrol, which is imported through the Nigerian National Petroleum Company (NNPCL) ...

Aliko Dangote urged the Nigerian government to end fuel subsidies, citing unsustainable financial burdens and the need for ...

The President of Dangote Group, Alhaji Aliko Dangote, has urged the Federal Government to remove the petrol subsidy ...

Says naira floating caused high fuel pump price, more money for FAAC ...Reveals cause of Dangote crude oil supply controversy The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASS ...

Oil marketers have assured that Premium Motor Spirit (PMS) prices will drop once they start directly lifting products from ...

Africa’s richest man Aliko Dangote has given up hope of buying Premier League football club Arsenal after its value shot up ...