The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed that the country will not interfere in petroleum product pricing and insisted that crude oil transactions must...
Nigeria may face a potential tanker shortage following the Federal Government’s decision to ban petroleum trucks with 60,000- and 45,000-litre capacity to curb rising tanker accidents...
The cost of Premium Motor Spirit (PMS) at private depots declined by N27 from N952 per litre to N890 on Monday. The price adjustment follows the...
The land cost of premium motor spirit popularly known as petrol has declined by ₦32.35 from ₦955 per litre to ₦922.65 per litre. The adjustment reflects...
The Nigerian National Petroleum Company Limited (NNPC) has increased the pump price of petrol at its retail outlets. This increase is in response to rising global...
The recent surge in global oil prices has triggered concerns over an impending rise in the cost of refined petroleum products in Nigeria. Brent crude, the...
Economic uncertainties ahead of Donald Trump’s presidency have slowed down Chinese manufacturing activity in December, according to the latest report from the Caixin Insight Group. Donald...
The Chief Executive Officer (CEO) of Dangote Group and Dangote Petroleum Refinery Company, Alhaji Aliko Dangote, has addressed the recent criticism that trailed the reduction in...
Ahead of the public holiday declared by the Federal Government on December 25th and 26th, 2024, as well as January 1st, 2025, the Independent Petroleum Marketers...
The Nigeria Labour Congress (NLC) has criticized the Federal Government following its continued failure to provide affordable Premium Motor Spirit (petrol) for Nigerians despite the country...
