The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that many oil companies in Nigeria opposed the Federal Government’s directive to supply crude oil to local refineries, including the Dangote …
Many petrol marketers in Nigeria have refused to reduce their pump prices even after Dangote Petroleum Refinery cut its ex-depot price of petrol from N880 to N840 per litre. The …
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 …
The Nigerian Ports Authority (NPA) has announced a revenue target of N1.28 trillion for 2025. This is a significant increase from the N894.86 billion it generated in 2024. The announcement …
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has said that President Bola Tinubu’s economic reforms have brought in N6.9 trillion in government revenue from …
Petrol prices in Nigeria could rise as high as N1,000 per litre in the coming weeks, as global crude oil markets respond to escalating geopolitical tensions in the Middle East, …
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 …
Crude oil refiners in Nigeria have raised alarm over their inability to access crude oil locally, blaming the situation on oil producers’ preference to sell crude to international traders in …
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 …