November 19, 2025
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PRICE WAR: Dangote Refinery Forces NNPCL to Slash Pump Prices by N60 Per Litre

By The Insight Team 496
By Emmanuel Kwada The Nigerian National Petroleum Company Limited (NNPCL) has slashed the pump price of Premium Motor Spirit (PMS), commonly known as petrol, following a series of strategic price reductions by the Dangote Petroleum Refinery. This development, described by industry observers as a “price war,” has sparked widespread optimism among Nigerians, who Continue Reading
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The Petrol Price Gap: Why Nigerians are Paying More Despite Falling Costs

By The Insight Team 414
By Emmanuel Kwada Recent reports indicate a significant decline in the landing costs of Premium Motor Spirit (PMS), commonly known as petrol, amidst rising accusations from the Nigeria Labour Congress (NLC) regarding price inflation by marketers. As of November 8, 2024, the estimated cost of petrol landing in Nigeria has dropped by 20.34%, falling to […]Continue Reading
Features Opinions Politics Top Story

Why are Nigeria’s ‘Westernized Elite’ anti-Nigerians?

By The Insight Team 655
The phrase, Nigeria’s Westernized elite,’ coldly crept into my linguistic repertoire and morphed into my new consciousness about the elite one mild afternoon in August 2024. The experience occurred in Gombe after I yielded to a disease that plagues my lifestyle: bibliomaniac, collection of books.  Unseen forces in season and out of season ignites a […]Continue Reading
Business Top Story

We Sold PMS in Dollars, Dangote Refutes N898/Litre Claims

By The Insight Team 385
By Emmanuel Kwada The Dangote Group has dismissed a statement attributed to the Nigerian National Petroleum Company Limited (NNPCL) spokesperson, Olufemi Soneye, claiming that the company sells Premium Motor Spirit (PMS) to NNPCL at N898 per litre. In a press statement released on September 15, 2024, Dangote Group’s Chief Branding and Communications Officer, Anthony Continue Reading
Business Top Story

NNPCL Makes History: Dangote Refinery Begins Fuel Supply, Nigeria Inches Closer to Petroleum Self-Sufficiency

By The Insight Team 534
By Emmanuel Kwada The Nigerian National Petroleum Company Limited (NNPCL) has commenced loading of Premium Motor Spirit (PMS) at the Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, marking a significant milestone in Nigeria’s quest for self-sufficiency in petroleum production. According to a statement released by NNPCL on Saturday, over 100 trucks were mobilized to Continue Reading
Business Top Story

Dangote Refinery: A Timely Win for Industrialisation  

By The Insight Team 459
By Abiodun Alade Nigeria, rich in resources and with a burgeoning young population, remains paradoxically stagnant due to its over-reliance on imports. This dependency, rather than being a temporary measure, has entrenched itself as a systemic barrier to long-term prosperity. With a population exceeding 200 million and a predominantly young demographic, Nigeria has become Continue Reading
Business Top Story

Nigeria’s Largest Refinery Starts Production, Meets International Standards

By The Insight Team 475
Key points: Dangote appreciates the Government’s “Naira for crude” and “Naira for product” initiatives, which enabled the project. The Dangote Refinery produces high-quality gasoline that meets international standards, reducing engine problems. The Refinery meets Nigeria’s gasoline demand and supplies sub-Saharan Africa. The Dangote Continue Reading
Business Interviews Top Story

We’re In September; Will Local Fuel Be Available After 8 Missed Promises?

By The Insight Team 702
Key Points: Motorists frustrated with ongoing fuel shortages, criticizing government for not restarting national refineries to address issue. Nigeria’s refineries remain inactive despite investments, causing reliance on imported fuel. Government promises to revive the Port Harcourt Refinery have been consistently broken. The refinery’s dormancy has severe Continue Reading
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