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Business

NNPC Releases 439 Million Litres Of Petrol To Bridge Distribution Gap

The supply of premium motor spirit (petrol) into the market across the 36 states and the Federal Capital rose by an additional 439.54 million...
Business

At N332.14 Per Litre, Imo Residents Paid Highest Price For PMS In January—NBS

Residents of Imo paid the highest price to buy Premium Motor Spirit popularly called petrol in the month of January this year, a report...
Business

Ahead Of Presidential Election, NNPC Releases Additional 404.69m Litres Of Fuel To Nigerians

Nigeria’s energy giant, the Nigerian National Petroleum Company Limited has supplied 404.7 million litres of fuel across Africa’s most populous nation.The development is coming...
Business

BREAKING: IPMAN Directs All Filling Stations To Resume Sale Of Petrol To Nigerians

The Independent Petroleum Marketers Association of Nigeria has directed it’s members to reopen all filling stations that were earlier shut as a result of...
Business

NNPC Efforts Yielding Results As Petrol Queues Disappear In Lagos, Abuja, Ogun, Other States

Residents of Abuja, Nasarawa, Lagos, Ogun and other parts of the country are heaving a sigh of relief following the disappearance of fuel queues...
Business

NMDPRA To Sanction Filling Station Operators Rejecting POS, Bank Transfers For Payment Of Petroleum Products

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has threatened to sanction Filling Station Operators that fail to accept payment through Point of Sale...
Business

As Fuel Queues Disappear, Naira Scarcity Worsens

In the last six weeks, the economic situation in Nigeria has been challenging for many Nigerians. Two main issue- the fuel scarcity and the...
Business

Nigeria’s Petroleum Regulator Reinforces Monitoring Teams To Block PMS Diversion To Neighbouring Countries

The Nigerian National Petroleum Company Ltd and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have strengthened monitoring of petroleum products to curb...
Business

No Plans To Hike Fuel Price, NNPC Has Enough Product To Serve 34 Days- NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority said there are no plans to increase fuel prices considering the harsh conditions faced by Nigerians.The...
Business

Panic Buying: No Plan To Increase Fuel Price, NMDPRA Assures Nigerians

The Nigerian Midstream and Downstream Petroleum Regulatory Authority on Wednesday said the Federal Government is not currently planning to increase the price of Premium...
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