Pump Price Drops to N739 in Lagos as Dangote Promises Further Relief for Nigerians, Pains for Importers

Less than 24 hours after the President of Dangote Group, Aliko Dangote, announced an imminent reduction in petrol prices, filling stations operated by the refinery’s lead offtaker, MRS Oil Nigeria Plc, have begun selling Premium Motor Spirit (PMS) at N739…

N899.50 to N950: Dangote Refinery Caps Petrol Price Increase at 5%, Absorbs 50% of Costs Despite 15% Global Oil Price Surge

Dangote Petroleum Refinery has clarified that the recent adjustment in its ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, is a direct response to the significant rise in global crude oil prices. With crude oil serving as…

MOMAN unveils New Identity; Rebrands to MEMAN to signal new strategic energy direction

Signalling the dawn of a new era, the Major Oil Marketers Association of Nigeria (MOMAN), earlier today unveiled their rebranded identity as the Major nergies Marketers Association of Nigeria (MEMAN). The launch highlights MEMAN’s commitment to sustainability through the NMDPRA…

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