The Independent Petroleum Marketers Association of Nigeria (IPMAN) have written to the Federal Government seeking for access to the N250 billion intervention fund for the National...
The Nigerian National Petroleum Company Limited (NNPCL) has released 418 million litres of petrol between March 18 and 24 into the Nigerian market. This was disclosed...
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 Nigerian National Petroleum Company (NNPC) Limited’s stock of Premium Motor Spirit, popularly called petrol, has increased significantly following the return of queues in Abuja, Nasarawa,...
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...
The Nigerian National Petroleum Company (NNPC) Ltd has announced a record supply of Premium Motor Spirit also known as petrol across Nigeria to forestall any scarcity....
The Nigerian National Petroleum Corporation (NNPC) on Tuesday announced that it had released additional 516.43 million litres of Premium Motor Spirit (PMS) popularly referred to as...
The National Bureau of Statistics (NBS) said on Wednesday the average price of Premium Motor Spirit (Petrol) in the country increased by 2.52 percent at N170.42...
A week after her public apology to the Lagos State government and people of the state over the sharing of petrol as souvenirs at her party,...
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...
With the effects of the current fuel scarcity grounding many businesses, Nigerians have resorted to buying in bulk for future usage. This has reportedly led to...
The Nigerian National Petroleum Company (NNPC) Limited has explained why the over 40 licensed refineries in the country are not producing Premium Motor Spirit, popularly called...
The month of February induced a throwback to the turbulent pre-1999 days whereby ubiquitous queues dotted Nigeria’s major cities as a result of incessant fuel scarcity....
The Nigerian government has initiated a thorough investigation into the circumstances behind the distribution of adulterated petrol in the country. Timipre Sylva, Minister of State for...
A 45-year-old tanker driver, Dahiru Aliyu has died inside the compartment of a tanker at the Hotoro NNPC Depot in Kano metropolis, the Kano State Fire...
The Nigerian National Petroleum Corporation (NNPC) has revealed Nigerians consumed 72.29 million litres of Premium Motor Spirit (PMS) also known as petrol daily in May. In...
The National Bureau of Statistics (NBS) said on Thursday the average price paid by consumers for Premium Motor Spirit (PMS) also known as petrol increased hit...
The Nigerian National Petroleum Corporation (NNPC) has announced an increase in the country’s daily supply of Premium Motor Spirit, also known as petrol, in March. This...
At least 13 people were killed on Sunday and many others seriously burned when a fuel truck overturned and exploded in western Kenya as crowds thronged...
Group Managing Director (GMD) of the Nigeria National Petroleum Corporation (NNPC) Mele Kyari, has stated that for the corporation to recover costs, Premium Motor Spirit (PMS)...
The Nigerian National Petroleum Corporation (NNPC) says smuggling across the borders increased the daily consumption of Premium Motor Spirit (PMS) to 103 million litres per day...
In May, consumers paid more for Premium Motor Spirit (PMS), often known as petrol, National Household Kerosene, and Automotive Gas Oil (diesel). While the rates paid...
About 64 persons were reported injured as a petrol tanker exploded on Saturday at the Al-Ihsan filling station in Sharada, Kano Municipal Area of Kano State....
A governors’ committee headed by Kaduna State Governor, Mallam Nasir el-Rufai on Wednesday made a proposal to the federal government to increase price of petrol to...
Nigeria’s downstream petroleum sector price regulator, the Petroleum Products Pricing Regulatory Agency (PPPRA) has revealed that Nigeria’s domestic stock of petrol has dropped by 5.45 percent....
Nigerians are already reeling from the effects of rising crude oil prices despite the return of subsidy as the average price of petrol increased to N166.24...
The federal government has increased the cost of fuel at the pump to N212 per litre. This was announced in the March pricing template by the...
Nigerian National Petroleum Corporation, NNPC, through its subsidiary, the Pipeline and Product Marketing Company, PPMC, has disclosed that Nigerians consumed 1.22 billion litres of petrol in...
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 mainstream...
The National Bureau of Statistics (NBS) said on Saturday residents of Abia, Kebbi and Kwara States paid the highest price for Premium Motor Spirit (PMS) also...
The Nigerian government on Tuesday morning announced a reduction in the pump price of premium motor spirit, also known as petrol, from N168 to N162.44 per...
The Nigerian government deregulated the downstream petroleum sector with effect from March 19, 2020. The key argument was that the fuel subsidy regime which gulps billions...
The President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Chinedu Okoronkwo, said on Friday some filling stations in Lagos refused to sell petrol because...
The Peoples Democratic Party (PDP) Friday described the increase in the pump price of petrol to N170 per litre as wicked and unbearable. The party in...
The Nigerian National Petroleum Corporation (NNPC) said on Friday it would sell the Premium Motor Spirit (PMS) at N153.17 per litre for oil marketers using its...
Intolerance due to inherent and acquired diversities among citizens is expected of a country like Nigerians. It is believed that football, to some extent, unites Nigerians...
A Federal Government delegation is set to meet with the organised private labour and civil society groups in a bid to avert the planned nationwide over...
In trying to justify Buhari’s latest callous hike in the price of petrol (amid a pandemic, no less), Buhari’s supporters increasingly sound like noisome idiots straining...
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...
A member of the House of Representatives, Teejay Yusuf has accused the President Muhammadu Buhari-led government of compounding the ‘woes’ of Nigerians with the recent hike...
A protest is rocking Osogbo, the capital of Osun State, over the federal government’s decision to increase electricity tariffs and fuel pump price. The ongoing protest...
The price of fuel has again been increased to N151.56 per litre by the President Muhammadu Buhari-led government. Pipelines and Product Marketing Company (PPMC), a subsidiary...
The pump price of gasoline should be about N155 per litre, the Chairman of the Major Oil Marketers Association of Nigeria, Adetunji Oyebanji said on Tuesday....
Reacting to the observed silence from the Petroleum Products Pricing Regulatory Agency (PPPRA), oil marketers have gone ahead to set new pump prices (between N148 and...
The Coalition of United Political Parties (CUPP) has condemned the increase in the prices of petroleum products, especially premium motor spirit also known as petrol. The...
Disaster was averted in the early hours of Saturday as a tanker loaded with 46,000 litres of petrol caught fire at the Secretariat Bus Stop in...
The quality of fuel imported into Nigeria is so dirty that it cannot be sold in countries with “higher and better-implemented standards,” a report has claimed....
Nigeria’s spending on petrol in the thirteen-month period between February 2019 and February 2020 came to N2.5 trillion out of the total N2.6 trillion expended by...
Statistics released on Sunday by the Nigerian National Petroleum Corporation (NNPC) reflects that it sold around 21.51 billion litres of petrol estimated at N2.64 trillion, indicating...
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...
