<< Back             Poser >> Dangote Refinery reduces fuel price as crude oil price falls Business Dangote Refinery has reduced its Premium Motor Spirit, PMS, gantry price as crude oil prices fell further on Monday. A market survey by DAILY POST showed that the 700,000-barrel-per-day refinery adjusted its fuel price to N1,325 per litre from N1,350. This means that the mega refinery cut its fuel price by N25 per litre in its latest petrol price reduction. The development comes as Brent and West Texas Intermediate, WTI, crude prices declined by over 3 per cent to $100.50 and $92.43 per barrel, respectively, at the time of reporting. The latest fuel price adjustment is expected to put downward pressure on petrol pump prices nationwide. DAILY POST reports that falling crude oil prices are mounting pressure on refiners and Nigerian refineries to cut petrol pump prices. Recall that fuel gantry and pump prices had increased in the last two weeks as crude oil prices rose above $104 per barrel. Dangote Refinery reduces fuel price as crude oil price falls Daily Post	Oil theft decline boosts Nigeria’s crude production Nigeria’s crude production has risen to its OPEC quota for the fourth straight month, boosted by a sharp decline in oil theft due to improved security. Read More: https://punchng.com/oil-theft-decline-boosts-nigerias-crude-production/ Dangote Refinery reduces fuel price as crude oil price falls Dangote Refinery has reduced its Premium Motor Spirit, PMS, gantry price as crude oil prices fell further on Monday. A market survey by DAILY POST showed that the 700,000-barrel-per-day refinery adjusted its fuel price to N1,325 per litre from N1,350. This means that the mega refinery cut its fuel price by N25 per litre in […] Dangote Refinery reduces fuel price as crude oil price falls GCR upgrades Fidelity Bank rating on stronger capital position GCR Ratings has upgraded Fidelity Bank Plc’s national scale long term issuer rating to A Plus (NG), from A (NG), while affirming its short term issuer rating at A1 (NG). The outlook remains stable. The upgrade reflects Fidelity Bank’s significantly strengthened capital position following the addition of NGN227.0 billion to its total core capital. GCR […] GCR upgrades Fidelity Bank rating on stronger capital position Commissioner-General calls for stronger tax cooperation to boost regional revenue mobilisation Mr Anthony Kwasi Sarpong, the Commissioner-General of the Ghana Revenue Authority (GRA), has called for stronger cooperation among African tax administrations to enhance domestic revenue mobilisation and support sustainable development. Gold Fields presents vehicles, motorcycles worth GH¢1.54m to four institutions in Western Region Four state institutions in the Tarkwa Nsuaem and Prestea Huni-Valley municipalities of the Western Region have received two Toyota Hilux pickups and nine motorcycles from the Gold Fields Ghana Foundation (GFGF) to enhance their operations. Ghana moves to build trusted digital assets ecosystem through regulation Ghana is positioning itself to become a leading hub for responsible digital asset innovation in Africa through a regulatory framework designed to promote trust, protect consumers and stimulate economic growth.