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Nigeria's Dangote refinery says it will suspend fuel sales in local currency - REUTERS

MARCH 19, 2025

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LAGOS, March 19 (Reuters) - Nigeria's huge Dangote Petroleum Refinery announced on Wednesday that it was temporarily suspending fuel sales in the local naira currency to avoid a mismatch between sales in naira and purchases of crude in dollars.

The decision by the 650,000-barrel-per-day Dangote refinery to sell its fuel in dollars could lead to a hike in petrol prices and a weakening of the naira as local fuel traders scramble for greenbacks.


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