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Hope for cheaper petrol dashed as NNPCL claims it bought from Dangote at N898 per litre

Nigerians’ hopes for cheaper petrol may have been dashed as the Nigerian National Petroleum Company Limited (NNPCL) has revealed that it purchased petrol from...

Business

Dangote Refinery to supply 25m litres of petrol daily in September

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said on Tuesday that the Dangote Refinery would supply 25 million litres of petrol to...

Business

Dangote says FEC to set petrol price for new refinery output

Businessman Aliko Dangote announced on Tuesday that the Federal Executive Council (FEC) is working on establishing a new pricing structure for petrol produced at...

Business

More intrigues as IPMAN says petrol landing cost is over N1,200; Govt subsidizing by over N700

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has again drawn attention to the issue of subsidy on petroleum products in Nigeria.The body confirmed...

News

Petrol scarcity to worsen as IPMAN threatens strike over N200bn debt

This is because the Independent Petroleum Marketers Association of Nigeria (IPMAN), has threatened to cripple the supply of Premium Motor Spirit (PMS), also known...

News

Fuel scarcity to last for another two weeks – IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that issues that led to the scarcity of the Premium Motor Spirit (PMS), widely...

News

Port Harcourt refinery to deliver petrol in two weeks — Kyari

Nigerians may witness some relief as the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Mele Kyari, on Thursday,...

News

Zamfara gov, Lawal bans tinted glasses, unlabelled bread over insecurity

In a move geared towards curbing the spate of banditry attacks in Zamfara State, Governor Dauda Lawal, on Wednesday, signed an Executive Order prohibiting...

News

Petrol price hits N1,000 per litre in Abuja

This is even as long queues have returned to the streets of Nigeria’s capital city — a reflection of the crisis rocking the downstream...

Business

NNPCL denies plans to hike petrol price

The Nigerian National Petroleum Company Limited (NNPCL) has denied widespread reports that it is planning to increase pump price of petrol, otherwise known as...

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