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Naira swap: NMDPRA to sanction filling stations not accepting POS

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will sanction fuel stations that reject the use of Point of Sale (POS)...

Business

FG Directs NMDPRA To Sanction Oil Marketers Involved In Petrol Racketeering

The Federal Government on Wednesday directed the Nigeria Midstream and Downstream Petroleum Regulatory Authority to sanction any oil marketer involved in the racketeering of...

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...

News

First, it was road construction, now it’s smugglers! Nigerian govt gives reason for fuel scarcity

As the current fuel scarcity continues to bite, the Federal Government has disclosed that the situation was caused by the actions of fuel smugglers.This...

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...

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