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EXCLUSIVE: How Dangote Lied To Tinubu Over 500 Million Fuel Storage Claims, Lobbies For Fuel Subsidy, Pressures President To Force NNPC To Buy His Petrol At N990/Litre
Sources privy to the recent discussions between Dangote and President Tinubu disclosed to SaharaReporters that Dangote misled the president during their meeting by claiming he had 500 million litres of fuel in storage. Aliko Dangote, the billionaire industrialist, reportedly misled President Bola Ahmed Tinubu regarding his fuel storage capacity, claiming to have 500 million litres available. It…
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Petrol Landing Cost Falls by N32.35, But Retail Prices Remain Above N990/Litre
Oil marketers have revealed that the landing cost of Premium Motor Spirit (petrol) as of Friday was N922.65 per litre. Dealers said this cost factors in various expenses including shipping, import duties, and exchange rates. The amount is a considerable reduction of N32.35 from the N955 per litre offered at the loading gantry of the Dangote Petroleum Refinery. This decrease in landing cost is…
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NNPC: Marketers Increase Fuel Prices In Abuja From N965 To..
Fuel prices in the Federal Capital Territory (FCT) have increased as the Nigerian National Petroleum Company (NNPC) Limited and independent marketers adjusted pump prices. NNPC outlets now sell Premium Motor Spirit (PMS) at N990 per litre, up from the previous N965, while independent marketers have raised prices to as high as N1,030 per litre. This increase is due to the ongoing deregulation of…
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Dangote Refinery Reduces Petrol Price From N990 To N970 For Oil Marketers
Dangote Refinery has announced reductions in its price of Premium Motor Spirit, PMS, also known as petrol, for marketers. Dangote, in a statement on Sunday signed by Anthony Chiejina, Group Chief Branding and Communications Officer, said the price, which was N990 per litre, has now been reviewed to N970 per litre for marketers lifting the products from its refinery. According to the statement,…
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Nigeria: Dangote Refinery Accuses Fuel Importers Of Undermining Local Production
By Sunday Elijah, Lagos In a heated exchange, Dangote Refinery has called out fuel importers in Nigeria for allegedly undermining local refining efforts with claims of cheaper petrol imports. The refinery, which sets its Premium Motor Spirit (PMS) prices at N990 per litre for truck deliveries and N960 per litre for shipments, insists that their pricing is competitive and meets international…
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The management of Dangote Refinery has announced competitive pricing for its petrol, offering N960 per liter for supply via ships and N990 per liter via trucks, a decision it says aligns with international market rates. This pricing adjustment was revealed on Sunday by Anthony Chiejina, the refinery's spokesperson, amidst ongoing pricing disputes with fuel marketers who argue that imported petrol is available at a lower price than the refinery’s rates. Read Also: Filmmaker, Dimeji Ajibola, Is Dead Chiejina clarified that Dangote Refinery, which has a production capacity of 650,000 barrels per day (bpd), had set these prices following the deregulation led by the Nigerian National Petroleum Company Limited (NNPC). He noted that while NNPC set its prices at N971 per liter for ship-based sales and N990 for truck-based deliveries, Dangote Refinery chose to price its ship-based sales lower, at N960 per liter, while matching the NNPC’s truck-based rate of N990. “We have refrained from media disputes, but misinformation by IPMAN, PETROAN, and other groups has made a response necessary,” Chiejina stated. "Both groups claim they can import PMS at lower prices, but our prices are benchmarked internationally and remain competitive." Further addressing the concerns, Chiejina warned that any imported petrol priced below Dangote’s rates is likely substandard, as Nigeria’s regulatory body, NMDPRA, lacks the necessary laboratory facilities to verify fuel quality. He accused some importers of undermining public safety by flooding the market with low-quality fuel, which he argued harms vehicles and machinery. Additionally, Chiejina emphasized the importance of supporting domestic industries. "Protecting local industries is common practice worldwide," he said, citing high tariffs in the U.S. and Europe on EVs and microchips as examples of economic protectionism. "We should ensure similar protections to sustain jobs and bolster the Nigerian economy," he added.
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BREAKING: Dangote Refinery Reduces Petrol Price
The Dangote Petroleum Refinery has announced a reduction in its ex-depot price of premium motor spirit (PMS), also known as petrol from N990 to N970 per litre for oil marketers.
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NASD Bumps as Investors Balance Position in Unlisted Shares
NASD Bumps as Investors Balance Position in Unlisted Shares
NASD Bumps as Investors Balance Position in Unlisted Shares NASD Bumps as investors balance their holdings position in shares of unlisted companies, according to trading data which shows that turnover weakened. Consequent to the negative outing, market capitalisation declined below the N1 trillion mark to N990 billion on Friday, a relative improvement when compared with N950 billion reported…

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Seplat Assets Dip Over ExxonMobil Acquisition Deal Failure
Seplat Assets Dip Over ExxonMobil Acquisition Deal Failure
The assets of Seplat in the Nigerian capital market slumped to N930 on Thursday after the company’s share had started the week at N990 per share. Naija News reports that the company’s assets traded at N960 between Tuesday and Wednesday before it recorded 6% at the end of the week’s trading. The 6% dip in the asking price of Seplat was occasioned by sell-off among shareholders, as investors became…
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Over N35.30bn loss trails controversy surrounding Seplat’s deal with ExxonMobil
Over N35.30bn loss trails controversy surrounding Seplat’s deal with ExxonMobil
Seplat Chief Executive Officer, Roger Brown, the chairman, ABC Orjiako and other investors in the company lost 6% of their investment in four days, as the firm’s control damage over ExxonMobil acquisition deal failed to appease Nigerian investors. The company’s share had started the week at N990 per share, but within four days, Seplat asset in the Nigerian capital market slumped to N930 on…
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FENDI CLEARANCE SALE flat sandal. 36-42 yards. 600PCS CLEAR ONCE. *N990* per piece https://www.instagram.com/p/CPTEWiFF9tm/?utm_medium=tumblr
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Kwese TV Decoder Price in Nigeria 2019
The pay-as-you-go feature, aside from the availability of a huge selection of free to air channels, is one of the major reasons why I advise users to try out the new Kwesé TV and see for themselves. Kwesé TV, unlike other available TV providers in Nigeria, offers users a more flexible subscription rate and to be sincere, more value for their money. With this TV provider, you won't have to worry about missing out on your subscription because it provides you with an option to subscribe either for a few days, a week, or a whole month. Below is a highlight of its best features. Highlights of Kwesé TV Features Kwesé TV is a cable TV product much like DStv and was recently launched in Nigeria as well as in other African countries by Econet Media Limited Kwesé TV, unlike DStv, allows a more flexible subscription solution. Users can choose to subscribe for a few days, a week or a whole month Kwesé TV offers a huge selection of over 74+ channels including various sport, movie, music, kids and travel channels Kwesé TV offers a huge selection of free to air channels that users can enjoy without any subscription. This can come pretty handy when you run out of subscription Kwesé TV also provides a parental control feature. This allows you to control your child's viewing by locking those channels you may not want them to watch Kwesé pause, rewind, forward and play all allow you to control your content as much as you want. It also provides users with a reminder. The reminder feature reminds you of favourite shows so you don't miss them and if you eventually do, you can use the Catch Up option to go back a few hours or days to watch the missed shows again Kwesé also provides Personal Video Recorder (PVR) option to let you record your favourite shows so that you can watch them at your own convenience Cost of Kwesé TV Decoder in Nigeria Kwesé TV comes with a decoder, a dish and cables. You can purchase all of these from your nearest store or visit their official website to find a dealer close to you. I advise you to visit the website to find a dealer close to you or better still if you can find one yourself, then purchase from them. When you purchase from dealers, you'd get a free set up as the cost of installation will be covered by the cost of the decoder and dish. The complete package (decoder+dish+cable+remote) costs N10,960. When you buy a new decoder, you'd also be given a full month subscription and will enjoy all 70+ channels for the first month. Users who may want to switch from DStv to Kwesé TV need not buy the whole Kwesé package again. You can use a DStv dish with the Kwesé decoder. So, all you'd need to buy if you already have a DStv dish installed is the Kwesé Decoder. You'll also get a one-month free subscription. The decoder only costs around N5,740. Kwesé TV Subscription Price in Nigeria and How to Renew Kwesé TV offers users flexible subscription plans. If you are one of those that always use your cable TV for a few days or travel out a lot, Kwesé might be your best option. Unlike some TV providers that only permit full monthly subscription, Kwesé allows you to subscribe for a few days, a week or a whole month. If you plan to travel out, you can choose to subscribe for the few remaining days or weeks. This way, you get to pay for only the days you actually use it. The following are the available subscription options. 3 days subscription package – N990 7 days subscription package – N1,850 30 days subscription package – N6275 The subscription renewal works just the same as all other cable TVs in Nigeria. Kwesé provides both offline and online subscription renewal options for users. To renew your subscription, visit any Kwesé approved agent with your decoder information and it will be renewed almost immediately. You can also renew online via quickteller using the renewal option from the quickteller official website. Kwesé TV App Review This TV provider also offers users a mobile streaming service via an app. Kwesé TV app can be downloaded from the Google Play Store for Android OS and the Apple Store for IOS. The app can be used to stream content from all channels -- except the Discovery channel -- as long as you have a valid subscription on your decoder. The TV app is different from Kwesé iflix and you'll need to pay a different fee in order to stream content on Kwesé iflix. To enjoy Kwesé TV on your mobile, simply download the app and register or visit Kwesé official website with a dynamic browser like Chrome, Firefox or Microsoft Explorer to stream your favourite channels. Kwesé TV Decoder Channels in Nigeria Kwesé currently has a huge selection of over 74+ exciting channels. Users are also guaranteed to find a good number of free to air channels which they can enjoy at no cost. There are over 10 sports channels on Kwesé. This includes popular sports channels like E Sport TV, NBA TV, and Kwesé Free sports. The company also offers a huge selection of movie/series channels for users. Movie channels include ZeeBolly, AMC, Kwesé movie 1-3, Fox Life, CBS Reality, Kwesé Family, Passion, and Viceland among others. Some of the news channels include BBC, CNN, Al Jazeera, TVC News, Channel News, and Sky News. There are also a bunch of channels for kids, religion, travels, facts and lifestyle. Final Thoughts Kwesé TV, compared to its competitors, is still relatively new on the market and is expected to continue improving as well as adding more channels for a better viewing experience. It has flexible subscription plans and free to air channels that are quite unique and a good reason to trust that the company is here to serve us for good. If you are currently using Kwesé TV, please share your experience (cost of package, installation, channels, or service quality) with us. Read the full article
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