Nigerians consumed a total of 613.62 million litres of Premium Motor Spirit (PMS), commonly known as petrol, between October 2024 and October 10, 2025, according to fresh data from the …
Dangote Refinery
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Dangote IndustriesEconomyEnergyNigeriaOil & Gas
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BusinessEconomyEnergyInfrastructureNigeriaOil & Gas
Dangote Refinery Challenges Marketers to Bring Trucks as Petrol Prices Hit N1,000/Litre
As petrol prices continued to rise across Nigeria over the weekend, the Dangote Petroleum Refinery has challenged marketers to bring their trucks for loading, insisting that it has more than …
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BusinessDangote IndustriesEconomyEnergyOil & Gas
Petrol nears ₦1,000 per litre as marketers move to import fuel independently amid Dangote refinery supply disruptions
Petroleum marketers across Nigeria have begun moves to import petrol independently as pump prices edge closer to ₦1,000 per litre in several cities, amid worsening supply challenges and production setbacks …
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Consumer AffairsEconomyEnergyGovernment PolicyMarketsNigeriaOil & GasPetroleum
Ekpo Orders Clampdown on Cooking Gas Hoarders as Prices Double Nationwide
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has directed regulatory agencies to clamp down on marketers hoarding or exploiting consumers following the recent sharp rise in the …
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BusinessEconomyEnergyInfrastructureLabourOil & Gas
NNPC Blames Temporary Gas Price Hike on PENGASSAN Strike Disruption
by Omolaraby OmolaraThe Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Bayo Ojulari, has attributed the recent increase in cooking gas prices across the country to …
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BusinessEconomyEnergyInfrastructureOil & GasTrade
Nigeria’s Petrol Import Falls to Eight-Year Low Amid Refining Reforms
Nigeria’s importation of Premium Motor Spirit, popularly known as petrol, has fallen to its lowest level in eight years as local refining capacity and government reforms continue to reshape the …
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BusinessEconomyEnergyGovernanceLabourOil & Gas
IPMAN President Urges Dialogue as DAPPMAN, NUPENG Clash with Dangote Refinery
The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Shettima, has called on the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and the Nigerian …
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BusinessEconomyEnergyLabourTrade
Dangote Says Refinery Has Ended Nigeria’s 50-Year Fuel Queue Crisis
President and Chief Executive of Dangote Petroleum Refinery, Aliko Dangote, has declared that Nigeria’s long history of fuel scarcity and queues has finally come to an end following one year …
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EconomyGovernment PolicyNigeriaOil & GasTrade
Nigeria Loses N3.18tn in Crude Oil Export Earnings Despite Higher Output
Nigeria’s crude oil export earnings dropped sharply by N3.18 trillion in the first half of 2025 despite a rise in production levels, new data from the National Bureau of Statistics …
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The fragile truce between the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) and the $20 billion Dangote Petroleum Refinery has collapsed, sparking a fierce labour dispute that could …