Dangote Ends Naira Pricing for Refined Oil Products in Nigeria

🇳🇬 Bloomberg (NG) —

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Dangote Refinery has stopped pricing refined petroleum products in Nigerian naira, citing failures in a significant 2024 initiative to supply crude using local currency. This move affects energy market dynamics in Nigeria.

Dangote Refinery is halting the sale of petroleum products in naira within the Nigerian market, Punch Newspaper reported, citing failings in a landmark 2024 plan for the state-owned energy company to supply crude in local currency.

World Markets Commodities Energy Dangote Refinery Nigeria petroleum products naira pricing energy market local currency

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