Dangote Refinery Faces Fresh Petrol Competition as 6 Marketers Get Import Approval

Dangote Refinery IPO investment and shares at ₦525 per share

Dangote Refinery will continue to face competition from imported petrol after Nigeria’s downstream petroleum regulator approved another 830,000 metric tonnes of Premium Motor Spirit (PMS) imports for six oil marketers. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) issued the latest approvals on September 18, 2026, allowing Matrix Energy, A.A. Rano, AYM Shafa, NIPCO, … Read more