AU COMMISSION CHAIRPERSON ARRIVES IN BAMAKO TO REVIVE DIALOGUE WITH MALI. (PHOTO).

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 AU Commission Chairperson Arrives in Bamako to Revive Dialogue With Mali Mahmoud Ali Youssouf arrived for a two-day official visit, according to an AU statement. He was welcomed by Mali’s Foreign Minister Abdoulaye Diop and is also expected to meet with President Assimi Goïta, it said, Sputnik reported. The visit comes as Mali remains suspended from AU activities since June 2021. The AU has reaffirmed its support for Mali’s sovereignty and territorial integrity while proposing increased assistance to the security sector.
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NNPCL SELLS N336BN CRUDE IN Q1 2025, DANGOTE REFINERY BUYS 32%.(PHOTO).

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 NNPCL Sells N336bn Crude in Q1 2025, Dangote Refinery Buys 32%

-April 22, 2025 |


The Nigerian National Petroleum Company Limited earned N336.37bn from crude oil sales in Q1 2025, with Dangote Refinery accounting for N107.44bn (32%), internal NNPCL documents reveal.


Seven crude cargoes, totaling 915,821 barrels, were sold to Dangote under the naira-for-crude deal at exchange rates between N1,501.22/$ and N1,562.91/$. The policy aims to reduce FX demand and stabilize fuel prices.


NNPCL also sold 1.95 million barrels to foreign refiners, generating $151.44m (N228.93bn), mainly from Egina, Erha, and Forcados blends. The transactions highlight the firm’s balance between domestic supply and forex earnings.

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