Nigeria: Dangote Refinery Halts Petrol Sale in Naira, Cites Mismatch With Dollar-Denominated Crude Purchase/in /by
[This Day] Dangote Refinery has suspended the sale of its petroleum products in naira, explaining that the decision was necessary to avoid a mismatch between its sales proceeds and crude oil purchase obligations, which are currently denominated in United States dollars.
Nigeria: Global Gas Rejects Shell’s Announcement of Completion of Sale to Renaissance/in /by
[This Day] Abuja -- Global Gas and Refining Limited has kicked against the consummation of the Sale and Purchase Agreement (SPA) between Shell Petroleum Development Company (SPDC) and the Renaissance consortium, describing it as unacceptable.
Nigeria: Many Die in CNG-Laden Truck Explosion in Abuja/in /by
[This Day] ·FG mourns, urges Nigerians to await probe report
Nigeria: Port Harcourt Refinery Fully Operational – NNPC/in /by
[Premium Times] The NNPC said all sections of the recently rehabilitated plant are in full operation.
Nigeria: Rivers Community Counters Claims of Fresh Pipeline Explosion/in /by
[Vanguard] Residents of Bonny Local Government Area in Rivers have dismissed reports of a fresh pipeline explosion, confirming that no such incident occurred.
Rwanda: MPs Raise Concerns Over Proposed 15% Fuel Levy/in /by
[New Times] Members of Parliament (MPs) on Wednesday, March 19, raised concerns over the government's proposal to introduce a 15 percent fuel levy, warning that it could drive up the cost of goods and services for consumers.
Nigeria: No Explosion At Port Harcourt Refinery – NNPC/in /by
[Premium Times] NNPC described the report as 'false', noting that what occurred at the refinery was a flare incident, which has been contained fully.
Nigeria: Fuel Price Hike Looms As Dangote Stops Sale of Petroleum Products in Naira/in /by
[Premium Times] The company said the decision is necessary to avoid a mismatch between its sales proceeds and its crude oil purchase obligations, which are currently denominated in U.S. dollars.
Nigeria: Many Feared Dead As Fuel-Laden Truck Explodes in Abuja/in /by
[Vanguard] ABUJA: There were fears of deaths on Wednesday night around the Karu bridge area of the nation's capital, Abuja, following the explosion of a fuel-laden truck.
Nigeria: Marketers Predict Petrol Price Hike As Dangote Refinery Halts Sales in Naira/in /by
[Vanguard] Oil marketers have warned that petrol pump prices may rise in the coming days following Dangote Refinery's decision to suspend the sale of petroleum products in Naira to the domestic market.