Aliko Dangote
Naira for crude deal: FG schedules meeting as new petrol prices emerge at depots
The Federal Ministry of Finance and Federal Ministry of Petroleum Resources is now working with NMPDRA to find a solution after Dangote ends petrol sales in naira.
New petrol prices emerge as depots hike fuel costs after Dangote’s new deal with marketers
Private depot owners have quickly adjusted their depot prices from N850 to N875 per litre following the announcement by Dangote Refinery to sale fuel in dollars.
Dangote, other Nigerian billionaires lose big as Nigerian stock market records consecutive losses
The Nigerian stock exchange rate recorded its fourth consecutive days of losses which led to a decline in the fortune of Nigerian billionaires.on Thursday.
“No more 850/L”: Experts predict new petrol price as Dangote announces new deal with marketers
Petroleum product experts and marketers have revealed that the pump price of petrol and other petroleum products will rise again as Dangote and NNPC deal ends.
New dollar exchange rate expected as Dangote halts petrol sales in naira
Dangote Petroleum Refinery's decision to halt sales of petrol in Nigerian currency is expected to fuel a surge in foreign exchange demand in the country.
Marketers warn of petrol price increase as Dangote stops petrol sales in naira
Oil marketers have warned that gas pump prices may rise in the coming days in response to Dangote Refinery's decision to stop selling petroleum products in Naira
Dangote Refinery halts sale of fuel in naira, gives reasons
Just recently, the NNPC announced an end to the naira-for-crude deal after six months. With the new changes, Dangote Refinery has called for adjustment.
Marketers react, adjust pump prices as petrol landing cost drops
Petroleum oil marketers have made price adjustments at filling stations in anticipation of further price crashes by NNPC and Dangote due to a fall in landing costs
Dangote Group finances take a hit as three subsidiaries report N423 billion FX losses
The FX crisis started in 2023 and has since continued, resulting in almost 300% depreciation of the naira. Businesses like Dangote's have suffered huge losses.
Aliko Dangote
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