Residents of Lagos woke up to a major surprise on Tuesday as the price of Premium Motor Spirit (PMS), commonly known as petrol, took a sudden downward turn at some …
Nigerian downstream sector
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BusinessEconomyEnergyLagos NewsPetroleumTrade and CommerceTransportation & Logisitics
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BusinessEconomyEnergyOil & GasTrade
Dangote Refinery’s Petrol Price Cut May End Fuel Importation in Nigeria
Petroleum marketers in Nigeria may soon stop importing petrol as the Dangote Petroleum Refinery has slashed its ex-depot price by ₦49 per litre, a move that is already reshaping the …
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BusinessDevelopmentEnergyInfrastructureLagos NewsOil & Gas
Pinnacle Oil Expands Retail Network, Opens New Fuel Station in Abaranje, Lagos
by Joy Radarrby Joy RadarrPinnacle Oil & Gas Limited has announced the commissioning of a new fuel service station in Abaranje, Ikotun, Lagos State, as part of its ongoing expansion strategy to make quality …
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BusinessEconomyEducationEnergyEnvironment
MEMAN Unveils Bold Plan for Cleaner Energy in Nigeria’s Downstream Sector
The Major Energies Marketers Association of Nigeria, MEMAN, has announced a new plan to support Nigeria’s energy goals through cleaner, safer and more inclusive practices in the petroleum sector. Formerly …
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EconomyEnergyInfrastructureINVESTMENTOil & GasTrade and Commerce
$15bn 500,000 BPD Refinery, Free Trade Zone Set for Ondo as BINL
The Nigerian petroleum downstream sector is set to witness another major milestone as Backbone Infrastructure Nigeria Limited (BINL) has announced plans to construct a $15 billion refinery with a capacity …