Petroleum product marketers in Nigeria are expecting a possible drop in petrol pump prices this week, following a significant fall in international crude oil prices. This anticipated adjustment, according to …
Oil marketers in Nigeria have begun talks with international fuel traders to import cheaper Premium Motor Spirit (PMS), commonly known as petrol, as they try to remain in business and …
Dangote Petroleum Refinery has announced plans to start sending petrol and diesel directly across the country with its own trucks. The move comes at a time when there is a …
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the Dangote Petroleum Refinery should reduce the pump price of Premium Motor Spirit (PMS), commonly known as petrol, below its …
The Nigerian stock market witnessed a strong rebound on Tuesday as gains in Dangote Cement and 34 other stocks pushed the overall market capitalisation higher by ₦260 billion, showing renewed …
The Major Energies Marketers Association of Nigeria (MEMAN) has said that low taxation is one of the main reasons why petrol is cheaper in Nigeria than in other West African …
The Ogun State House of Assembly has called on the Ibadan Electricity Distribution Company (IBEDC) to promptly restore electricity to several communities in Yewa North affected by the destruction of …
Cement is an indispensable material in Nigeria’s rapidly expanding construction sector, forming the fundamental component for a vast array of projects, from residential homes and commercial complexes to critical national …
The President of Dangote Industries Limited (DIL), Aliko Dangote, has said that his company is preparing to begin massive exportation of fertiliser, coal, polypropylene, and refined petroleum products in the …
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the shutdown of the Port Harcourt Refining Company by the Nigerian National Petroleum Company Limited (NNPC) is not a major …