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 …
Dangote Refinery
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Consumer AffairsEconomyEnergyGovernment PolicyMarketsNigeriaOil & GasPetroleum
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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 …
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The Association of Distributors and Transporters of Petroleum Products (ADITOP) has distanced itself from the planned strike by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and allied …
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BusinessEconomyEnergyOil & GasPoliciesTrade
Dangote Refinery Exports Petrol to US as Marketers Still Depend on Imports
by Joy Radarrby Joy RadarrThe Dangote Petroleum Refinery has exported its first shipment of Premium Motor Spirit (PMS), also known as petrol, to the United States, even as Nigerian fuel marketers continue to rely …
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BusinessEconomyEmploymentFinanceInflationManufacturing
Nigeria’s Private Sector Records Stronger Growth in August as Inflation Eases
Nigeria’s private sector recorded stronger growth in August 2025 as improved customer demand and easing inflationary pressures boosted business activity, according to the latest Stanbic IBTC Bank Nigeria Purchasing Managers’ …