In a move aimed at providing relief to Nigerians ahead of the Ramadan season, the Dangote Petroleum Refinery has announced a significant reduction in the ex-depot...
The Federal Government revealed on Wednesday that Nigeria’s daily petrol consumption has decreased to 50 million litres, with domestic refineries now meeting half of the demand....
The Nigerian Navy has arrested three suspected oil thieves carrying 2,000 litres of petrol to Cameroon. The Commanding Officer of the Forward Operating Base (FOB), Ibaka,...
The Independent Petroleum Marketers Association of Nigeria has disclosed that the price of petrol from the Dangote Refinery was N940/litre and N990/litre when purchased using ships...
Dangote Petroleum Refinery has alleged that an international trading company has hired a depot to blend substandard petroleum products in Nigeria. The Chief Branding and Communications...
The National Bureau of Statistics (NBS) said on Tuesday Nigeria imported 20.3 billion litres of Premium Motor Spirit (PMS) also known as petrol in 2023. The...
In a significant move to alleviate pressure on road networks and facilitate exports to other African countries, the Dangote Group has announced plans to transport refined...
Nigerians’ hopes for cheaper petrol may have been dashed as the Nigerian National Petroleum Company Limited (NNPCL) has revealed that it purchased petrol from the Dangote...
Nigerians may have to pay more for petrol, which was recently increased as the Nigerian National Petroleum Company Limited (NNPCL) has said that the current pump...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said on Tuesday that the Dangote Refinery would supply 25 million litres of petrol to the Nigerian...
Businessman Aliko Dangote announced on Tuesday that the Federal Executive Council (FEC) is working on establishing a new pricing structure for petrol produced at the Dangote...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has again drawn attention to the issue of subsidy on petroleum products in Nigeria. The body confirmed the...
Men of the Nigerian Navy, Forward Operating Base (FOB), Ibaka, have arrested two suspected oil thieves carrying 3,500 litres of petrol in a wooden boat to...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that issues that led to the scarcity of the Premium Motor Spirit (PMS), widely called petrol,...
Nigerians may witness some relief as the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Mele Kyari, on Thursday, told the...
In a move geared towards curbing the spate of banditry attacks in Zamfara State, Governor Dauda Lawal, on Wednesday, signed an Executive Order prohibiting the use...
Troops of the Forward Operating Base (FOB) of the Nigerian Navy in Badagry on Thursday intercepted 15,540 litres of petrol stored in a building along Badagry...
The Nigerian National Petroleum Company Limited (NNPCL) has denied widespread reports that it is planning to increase pump price of petrol, otherwise known as Premium Motor...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has claimed that the Federal Government is still paying subsidy on petrol. This is contrary...
Nigerians may have more economic hardship to contend with as they have been asked to brace up for an imminent upward review of the pump price...
The Ondo State chapter of the Social Democratic Party {SDP} has called on the state government to reintroduce the free shuttle buses for secondary school students in...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) have written to the Federal Government seeking for access to the N250 billion intervention fund for the National...
The Nigerian National Petroleum Company Limited (NNPCL) has released 418 million litres of petrol between March 18 and 24 into the Nigerian market. This was disclosed...
The National Bureau of Statistics (NBS) revealed on Monday the average price of petrol rose to N202.48 per liter in November. The agency disclosed this in...
The Nigerian National Petroleum Company (NNPC) Limited’s stock of Premium Motor Spirit, popularly called petrol, has increased significantly following the return of queues in Abuja, Nasarawa,...
Residents living in the South-West parts of the country might witness an increase in fuel prices after the South West zone of the Independent Petroleum Marketers...
The Nigerian National Petroleum Company (NNPC) Ltd has announced a record supply of Premium Motor Spirit also known as petrol across Nigeria to forestall any scarcity....
The Nigerian National Petroleum Corporation (NNPC) on Tuesday announced that it had released additional 516.43 million litres of Premium Motor Spirit (PMS) popularly referred to as...
The National Bureau of Statistics (NBS) said on Wednesday the average price of Premium Motor Spirit (Petrol) in the country increased by 2.52 percent at N170.42...
A week after her public apology to the Lagos State government and people of the state over the sharing of petrol as souvenirs at her party,...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
With the effects of the current fuel scarcity grounding many businesses, Nigerians have resorted to buying in bulk for future usage. This has reportedly led to...
The Nigerian National Petroleum Company (NNPC) Limited has explained why the over 40 licensed refineries in the country are not producing Premium Motor Spirit, popularly called...
The month of February induced a throwback to the turbulent pre-1999 days whereby ubiquitous queues dotted Nigeria’s major cities as a result of incessant fuel scarcity....
The Nigerian government has initiated a thorough investigation into the circumstances behind the distribution of adulterated petrol in the country. Timipre Sylva, Minister of State for...
A 45-year-old tanker driver, Dahiru Aliyu has died inside the compartment of a tanker at the Hotoro NNPC Depot in Kano metropolis, the Kano State Fire...
The Nigerian National Petroleum Corporation (NNPC) has revealed Nigerians consumed 72.29 million litres of Premium Motor Spirit (PMS) also known as petrol daily in May. In...
The National Bureau of Statistics (NBS) said on Thursday the average price paid by consumers for Premium Motor Spirit (PMS) also known as petrol increased hit...
The Nigerian National Petroleum Corporation (NNPC) has announced an increase in the country’s daily supply of Premium Motor Spirit, also known as petrol, in March. This...
At least 13 people were killed on Sunday and many others seriously burned when a fuel truck overturned and exploded in western Kenya as crowds thronged...
Group Managing Director (GMD) of the Nigeria National Petroleum Corporation (NNPC) Mele Kyari, has stated that for the corporation to recover costs, Premium Motor Spirit (PMS)...
The Nigerian National Petroleum Corporation (NNPC) says smuggling across the borders increased the daily consumption of Premium Motor Spirit (PMS) to 103 million litres per day...
In May, consumers paid more for Premium Motor Spirit (PMS), often known as petrol, National Household Kerosene, and Automotive Gas Oil (diesel). While the rates paid...
About 64 persons were reported injured as a petrol tanker exploded on Saturday at the Al-Ihsan filling station in Sharada, Kano Municipal Area of Kano State....
A governors’ committee headed by Kaduna State Governor, Mallam Nasir el-Rufai on Wednesday made a proposal to the federal government to increase price of petrol to...
Nigeria’s downstream petroleum sector price regulator, the Petroleum Products Pricing Regulatory Agency (PPPRA) has revealed that Nigeria’s domestic stock of petrol has dropped by 5.45 percent....
Nigerians are already reeling from the effects of rising crude oil prices despite the return of subsidy as the average price of petrol increased to N166.24...
The federal government has increased the cost of fuel at the pump to N212 per litre. This was announced in the March pricing template by the...
Nigerian National Petroleum Corporation, NNPC, through its subsidiary, the Pipeline and Product Marketing Company, PPMC, has disclosed that Nigerians consumed 1.22 billion litres of petrol in...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the mainstream...
