Trading sources said the Dangote refinery booked at least five million barrels of U.S. WTI crude for July delivery, extending record purchases seen in June. The 650,000 bpd complex is gradually scaling operations and testing grades, with import volumes adjusting as units ramp up and undergo maintenance.
Trending
- FIFA Sanctions Nigeria and DR Congo Over Crowd Misconduct in World Cup Qualifier
- Tinubu Swears in Taiwo Oyedele as Minister of State for Finance
- Michael B. Jordan Wins Best Actor Oscar for ‘Sinners’
- Lagos Reintroduces Monthly Environmental Sanitation After 10 Years
- EFCC Hands Over $225,895, ₦62.79m Recovered Funds to Foreign Victims
- Naira Rebounds To ₦1,363.5/$
- Lagos Residents Protest Unreliable Power Supply, Demand Immediate Action
- ₦1.2bn Fraud Trial: EFCC Witness Says He Delivered $15m Cash to Ex-NIMASA DG Akpobolokemi
Kobo Compass
© 2026 KoboCompass