Category : Search result: downstream fuel market


MRS Displaces NNPC as Nigeria's Cheapest Petrol Seller

MRS Oil Nigeria, backed by Dangote Refinery, now sells petrol at N739/litre, undercutting NNPC's prices. This marks a major shift in Nigeria's downstream fuel market dominance. Discover the new pricing landscape.

Marketers Back Out of Dangote Refinery Petrol Supply Deal

The landmark fuel supply agreement between Dangote Refinery and 20 major marketers collapses after pricing disputes. Falling global costs trigger a surge in imports, reshaping Nigeria's downstream market. Read the full analysis.

Nigeria Gets 24-Hour Unmanned Fuel Stations

A.A. Rano Nigeria Limited unveils automated fuel stations nationwide, partnering with Petrosoft for smart pump tech. Motorists can now refuel and pay instantly, 24/7. Discover how this innovation boosts transparency and efficiency.

Nigeria's First Unmanned Fuel Stations Unveiled by AA Rano

AA Rano Nigeria partners with Petrosoft to launch fully automated, 24-hour fuel stations in January 2026. The innovation promises efficiency but raises concerns over massive job losses in the retail sector. Read more.

NGX Hits N100 Trillion Market Cap as Stocks Rally

The Nigerian equities market surged on Monday, with capitalisation crossing N100 trillion. The ASI gained 1.74% as 71 stocks advanced. Discover the top gainers and most active stocks driving this historic rally.

Dangote Refinery Offers 10-Day Credit, Free Fuel Delivery

Dangote Refinery introduces a 10-day credit facility and free logistics for petrol stations, slashing the gantry price to ₦699/litre. This strategic move aims to ease cash flow and distribution costs for dealers nationwide.

Panic as fire guts Arena Market in Lagos

A devastating fire has razed sections of the Arena Market in Oshodi, Lagos, causing massive losses for traders. This comes just a week after the Balogun Market inferno. Read the full report.

Man reports MRS station selling fuel above N739 to Dangote

A Nigerian man has exposed an MRS filling station in Kebbi State selling petrol at N850 per litre, defying Dangote's N739 price directive. He reported the incident directly to Dangote Group, urging immediate action. Read the full story and public reaction

Nigerians Confirm N739 Fuel Price at MRS Stations

Several Nigerians have confirmed purchasing petrol at the new N739 per litre price announced by Dangote Refinery. Reports from Lagos stations verify the reduction, offering relief amid high costs.

Dangote Sells Fuel at N739 via MRS Stations

Dangote Refinery begins nationwide PMS sales at N739 per litre through MRS stations, warns against artificial scarcity, and urges Nigerians to report non-compliance for economic relief.

Africa's Fuel Import 'Slavery' Persists Despite New Refineries

Africa remains trapped in fuel import dependence despite new refineries. This analysis reveals the structural barriers, from fragmented standards to poor infrastructure, that keep the continent vulnerable to global shocks. Discover the path to true energy

Dangote Fuel Price Drop to ₦739 Goes Viral

Nigerians celebrate as Dangote Group reduces fuel price to ₦739 per litre. A young man's viral post declares 'Dangote has won the battle.' Read the public's reaction.

Nigeria 5th in Africa for Lowest Fuel Prices

Nigeria emerges as the 5th African nation with the cheapest fuel, thanks to the Dangote Refinery's impact. See the full top 10 list and analysis of pricing factors.

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