JUST IN: Dangote Refinery Suspends Sale of Petroleum Products in Naira to Marketers
The Dangote Petroleum Refinery has temporarily halted the sale of petroleum products in Naira to avoid a mismatch between our sales proceeds and our crude oil purchase obligations, which are currently denominated in U.S. dollars. A statement from the company said: “to date, our sales of petroleum products in Naira have exceeded the value of […]
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