Petrol consumption in Nigeria dropped in July by 19.95 per cent month-on-month, following the removal of fuel subsidy by President Bola Tinubu. According to the Nigerian...
The Major Oil Marketers Association of Nigeria (MOMAN) has disclosed that the exchange rate used to determine the price of Premium Motor Spirit (PMS) is N825/$1....
The Chairman of the Major Oil Marketers Association of Nigeria (MOMAN), Olu Adeosun, has stated that oil marketers are considering possibilities of bringing down the cost...
About 30% of petrol product meant for local consumption is smuggled out of Nigeria on a daily basis to neighbouring countries, where fuel subsidy is not...
About 3,000 contract employees at depots, marine storage facilities and retail outlets of the major oil marketers in Nigeria are jittery as the business ties between...
The Federal Government has concluded plans to pay oil marketers under the aegis of Major Oil Marketers Association of Nigeria, (MOMAN) and the Depot and Petroleum...
Banks have confiscated multibillion naira worth of assets, including 79 filling stations and nine tank farms from fuel marketers as the lenders intensified collateral take-over spree...
The lingering fuel scarcity across the country is making the approaching Yuletide and New Year celebrations sour for many travellers, as the fares on land, air...
