#NNPC

Business

NNPC Ends Deal with Dangote Refinery: Fuel Prices Rise

In a significant move for Nigeria's petroleum industry, the Nigerian National Petroleum Company Limited (NNPC) has officially ended its exclusive deal with Dangote Refinery. This change, confirmed in October 2024, allows independent markete...

Business

Aliko Dangote Addresses NNPC's Decision to Reduce Stake in Dangote Refinery

Aliko Dangote, Africa’s richest industrialist, has expressed disappointment over the Nigerian National Petroleum Company’s (NNPC) decision to lower its stake in the Dangote Petroleum Refinery to 7.2 percent. The NNPC initially acquired a 20...