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There is growing anxiety in Nigeria’s downstream oil and gas sector as operators await the Federal Government’s decision on the future of the naira-for-crude deal between...
MRS Filling Station has announced a new pricing structure, raising its pump price for petrol to ₦930 per litre in Lagos and ₦960 for residents in...
The landing cost of a litre of imported petrol has increased by ₦88 in just one week, as confirmed by data obtained from the Major Energies...
The landing cost of imported premium motor spirit (PMS) has fallen to ₦797.66 per litre due to the ongoing competition among petroleum marketers. Naija News reports...
The price of Premium Motor Spirit (PMS), also known as petrol, could continue to decline if the downward trend in global crude oil prices persists. Economic...
Petroleum retailers and marketers have indicated that Nigerians may see further reductions in the price of premium motor spirit, as the Nigerian National Petroleum Company Limited...
The Nigerian National Petroleum Company Limited (NNPCL) has reduced its petrol pump price from ₦945 to ₦860 per litre. The reduction was confirmed based on observations from...
The Dangote Petroleum Refinery has announced a ₦65 reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol. Naija News learnt that the...
The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of premium motor spirit (PMS), also known as petrol, across its retail outlets in...
Amidst stiff competition in the downstream oil sector, several oil marketers have begun removing the Nigerian National Petroleum Company Limited (NNPCL) logo from their filling stations,...
A former Minister of Youth and Sports, Solomon Dalung, has predicted that President Bola Tinubu will subsidize Premium Motor Spirit (PMS), popularly known as petrol or...
The Nigeria Labour Congress (NLC) has condemned the recent hike in the price of petrol, describing it as insensitivity against the masses. Following the hike in...
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has clarified that fluctuations in the pump price of petrol will now be determined by crude...
Nigeria’s headline inflation rate is anticipated to average 30.5% year-on-year in 2025, ultimately decreasing to 27.1% by December. This forecast, as outlined in the recent Nigerian...
The President of Dangote Industries Limited, Aliko Dangote, has explained that the recent reduction in the price of Premium Motor Spirit (PMS), or petrol, to ₦899.50...
MRS Oil Nigeria Plc, a key player in the downstream oil industry, has announced a nationwide reduction in petrol prices to ₦935 per litre across its...
President of Dangote Industries Limited, Aliko Dangote, has praised President Bola Tinubu for implementing the naira-for-crude swap deal, highlighting its positive impact on Nigeria’s economy. Dangote...
The Nigerian National Petroleum Company Limited (NNPCL) has slashed the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from ₦1,020 to ₦899 per...
Oil marketers lifting Premium Motor Spirit (PMS), commonly known as petrol, from the Dangote Petroleum Refinery have reduced the price of the product by 11.8%, bringing...
In a bid to provide relief for Nigerians ahead of the holiday season, Dangote Petroleum Refinery has announced a price reduction for its Premium Motor Spirit...