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Business

Good news as NNPC gets new investor after discovering new oil well

Schlumberger, an American oilfield company, and NNPC Limited have inked a contract to improve upstream activitiesAccording to NNPC GCEO, a lot of reforms are...
Business

See why petrol prices may likely increase again despite NNPC's efforts

The ex-depot price of petrol has increased again and could likely lead to higher pump prices at filling stationsIn the last few weeks, the...
Business

See next government plan to make filling stations begin sale of fuel priced at N200

There are indications that the federal government may assist filling stations in installing CNG pumpsThis is part of FG's plans to accelerate the adoption...
Business

FG reveals the date to roll out buses running on cheaper fuel

The Nigerian government has fixed May 29, 2024, for the national deployment of CNG-powered vehiclesThe Presidential Compressed Natural Gas Initiative (PCNGI) is set to...
Business

See how to apply to become owner of one of 12 new oil blocks

The Federal Government of Nigeria has announced plans to hand over 12 new oil blocks for exploration and productionThe bidding is expected to be...
Business

See the new price of cooking gas as dealers report improved supplies

Cooking gas dealers have crashed the price of the product further following improved supply and forex availabilityThe dealers said the price of refilling 12.5kg...
Business

Why oil marketers want to shut down filling stations across Nigeria

The Independent Petroleum Marketers Association of Nigeria (IPMAN) said that its members will shut down filling stations over N200 billion in debtIPMAN said the...
Business

Marketers reveal date when petrol scarcity will end

Filling stations in Nigeria have reportedly adjusted their pump prices upwards following the scarcity of the productInvestigations show that petrol is now selling for...
Business

See how much filling stations, black market sell fuel in states

Nigerians continue to purchase fuel at very high prices across the country despite NNPCL's assurancesReports indicate that motorists, particularly in northern states, are paying...
Business

Shock as black marketers sell petrol for almost N1000/litre

The black market traders sold fuel for N1000 per litre for drivers who were unable to get fuel on Thursday, April 25This occurred as...
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