Dangote Petroleum Refinery is set to revolutionize Nigeria’s energy sector with a nationwide free delivery scheme for PMS and diesel starting August 15, 2025. Backed by 4,000 new CNG-powered tankers and a credit line for major buyers, the initiative aims to cut fuel logistics costs, boost supply, and support economic growth across key industries.
FG Appoints Afreximbank as Settlement Bank for Naira-Based Transactions on Crude Oil, Petroleum Sales
With the commencement of PMS production from the Dangote Group’s 650,000-barrel-per-day refinery, the Federal Government of Nigeria has appointed the African Export-Import Bank also known as Afreximbank as the Settlement Bank for naira-based transactions on crude oil and refined petroleum…