Dangote Refinery Crashes Petrol Prices N46 Lower than Imported Fuel, as Depot Rates Hold Steady

Dangote’s ship-fuel exports fall as global prices jump 76% and worldwide shortage looms

Nigeria’s Dangote refinery has reduced exports of fuel oil used by ships and power plants as a worldwide shortage pushes the price of the product sharply higher.

Dangote exports less ship fuel as prices jump 76%

Marine fuel has risen 76% since the Iran war began. Aliko Dangote's refinery is exporting less of it and more diesel, petrol and jet fuel, which pay better. Africa imports most of what it consumes by sea.

Dangote's Fuel Price Explanation Does Not Match The Timing Of Its Own

Dangote Refinery raised its petrol price three times in nine days, citing the cost of crude bought weeks earlier. EBC Financial Group compares that explanation with the timing and the size of the increases and finds a mismatch. LAGOS, 7 September 2026 — Dangote Petroleum Refinery (Dangote) raised its petrol price three times in nine […]

Dangote’s fuel price explanation does not match the timing of its own increases – analyst

Dangote Refinery raised its petrol price three times in nine days, citing the cost of crude bought weeks earlier. EBC Financial Group compares that explanation with the timing and the size of the increases and finds a mismatch. Dangote Petroleum Refinery (Dangote) raised its petrol price three times in nine days, saying the increases reflected […]

Dangote Refinery crashes petrol prices N46 lower than imported fuel, as depot rates hold steady

Dangote Refinery’s petrol now costs N265 per litre, N46 cheaper than imports, highlighting a significant price advantage in Nigeria’s fuel market.