The Nigerian National Petroleum Company (NNPC) Limited has ruled out an increase in the pump prices of Premium Motor Spirit (PMS) also known as petrol. The...
Nigeria has been ranked as the sixth country with the cheapest price of Premium Motor Spirit (PMS) popularly known as petrol in Africa and the 22nd...
The National Bureau of Statistics (NBS) revealed on Monday the average price of petrol rose to N202.48 per liter in November. The agency disclosed this in...
The Group General Manager, Group Public Affairs Division, Nigerian National Petroleum Company (NNPC) Limited, Garba Muhammad, has said Premium Motor Spirit (petrol) will be selling for...
The Nigerian National Petroleum Company (NNPC) Limited has approved a new pump price after weeks of promises that it will retain N165. NNPC, in a notice...
Residents living in the South-West parts of the country might witness an increase in fuel prices after the South West zone of the Independent Petroleum Marketers...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
The cost of a litre of Premium Motor Spirit (Petrol) increased by 8.73 per cent in March 2022 with Nigerians residing in the South-East region paying...
Nigeria’s subsidy payment is now at N10 billion daily, as international oil price continues to surge. On Friday, brent the oil benchmark for Nigeria’s oil closed...
The Nigerian National Petroleum Corporation (NNPC) has dismissed rumours of a hike in the pump price of Premium Motor Spirit (PMS) also known as petrol. There...
The Nigeria Labour Congress (NLC) has rejected the Nigerian Governors’ Forum’s proposal of between N380 and N408 per litre of petrol in the country. In a...
The Nigerian National Petroleum Corporation (NNPC) says there will be no increase in pump price of petrol in the country in May. The NNPC said this...
The Petroleum Products Pricing Regulatory Agency (PPPRA) has said the petrol price template published on Friday was only an indication of current market trends. In a...
The Nigerian National Petroleum Corporation (NNPC) has insisted that there will be no increase in the price of petrol in the country in March. In a...
The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians that there is no plan to increase price of Premium Motor Spirit (PMS) otherwise called petrol in...
Timipre SylvaThe Minister of State for Petroleum Resources, Timipre Sylva, has justified the hike in the pump price of petrol from between N158 and N162 per...
The Nigeria Labour Congress (NLC) on Monday rejected the new increase in the pump price of petrol announced last week by the Federal Government. The Pipelines...
The Petroleum Products Marketing Company (PPMC) a subsidiary of the Nigerian National Petroleum Corporation (NNPC) has hitched up the ex-depot price of Premium Motor Spirit (PMS)...
Governors of the 36 states of the federation on Thursday resolved to set up a committee to interface with the Federal Government and organised labour over...
The Nigerian government will henceforth cease to issue price band for the sale of petrol at filling stations, the Petroleum Products Pricing Regulatory Agency (PPPRA) said...
The Buhari administration has ruptured the ceiling of liberties it enjoys. Like King Solomon in his last uneventful years, the government has compounded the yoke of...
The House of Representatives minority caucus on Wednesday condemned the increase in the pump price of Premium Motor Spirit (petrol). The Petroleum Product Marketing Company, on...
The pump price of Premium Motor Spirit (PMS) is expected to go up in the coming days following the hike in the product the ex-depot price...
Northern youth groups on Monday kicked against the hike in the pump price of petrol announced by the Federal Government, calling for an immediate reversal. They...
Operators in the downstream sector have said the pump price of gasoline might fall for the third time in barely three weeks if other operators towed...
The Nigerian Government Tuesday night slashed the pump price of gasoline from N125 to N123.5 per litre, the second time in less than two weeks it...
Indications emerged on Thursday that the new petrol price of N125 per litre announced on Wednesday might be reconsidered in less than two weeks. The Petroleum...
Managing Director and Chief Executive Officer, Financial Derivatives Company Limited, Mr Bismarck Rewane has said Nigerians should be ready for a hike in pump price of...
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has ordered its members to reduce petroleum pump price from N145 per litre to N140. The reduction is...
Nigerians who bought petrol across the country paid over N180 billion under the belief that it would be sold at equal prices to Nigerians nationwide in...
The Nigerian National Petroleum Corporation, NNPC, has called on Nigerians to report any filling station in the country selling petrol above the official pump price of...
The Nigerian National Petroleum Corporation (NNPC) has debunked media reports about federal government’s plan to review the pump price of petroleum products, particularly Premium Motor Spirit...
Nigerians should be ready for hike in power and petrol prices immediately after the 2019 general elections, economists and investors in the power and petroleum sectors...
The average price of Premium Motor Spirit, popularly known as petrol, in Nigeria reduced in May 2018, the National Bureau of Statistics (NBS) has said in...
Independent marketers of petroleum products and depot owners have revealed that the landing cost of imported petrol is now N145 per litre and above. The marketers,...
New findings have revealed that the market open price of petrol has hit N160 per litre. This is as a result of the landing cost that...
In what looks like a confirmation of speculations over the past weeks, the Nigerian National Petroleum Corporation (NNPC) has admitted that the current market price of...
The Federal Government and oil marketers, Wednesday, said there is no truth in rumours making the round over an imminent increase in the pump price of...
By SON… One of the quotable quotes from President Buhari that has become something of an “iconic” signature is his declaration that Nigerians have nothing to...
The Joe Ajaero-led faction of the Nigerian Labour Congress (NLC) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Friday adduced reason for...
The Nigeria Labour Congress has insisted that it will go ahead with the day two of its ongoing strike in protest of the increase in pump...
Founder and President of the Oodua People’s Congress (OPC) Dr. Frederick Fasehun, agrees that in the last one year of President Muhammadu Buhari and the All...
In a desperate move to avert the proposed strike by labour unions in the country over the new price of petrol, the federal government yesterday sent...
In a desperate move to avert the proposed strike by labour unions in the country over the new price of petrol, the federal government yesterday sent...
Modalities for resolving an outstanding N16.5 billion fuel subsidy claim may unsettle the fresh romance between the federal government and petroleum marketers, Ripples Nigeria has gathered....
By Pius Adesanmi… One argument being pushed by the Federal Government (via Osinbajo et al) and supporters of fuel subsidy removal (appropriate pricing, deregulation, downstreaming, market...
By Anosike Wilson… Less than a year in office, the Buhari-led administration is telling us that campaigning in an election period does not matter. In fact,...
The Nigeria Labour Congress has vowed to do battle with the Federal Government over the new pump price declared on Wednesday. The Minister of State for...
The Federal Government has finally dumped the subsidy on Premium Motor Spirit (PMS) also known as petrol, after weeks of speculations, as the product will now...
Speculations around whether or not the present administration will reduce pump price of petroleum products have been clarified, as Vice-President Yemi Osinbajo has said government is...
