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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...
A new per litre price of the Premium Motor Spirit (PMS), popularly known as fuel or petrol, has been noticed across retail outlets of the Nigerian...
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has announced that the Nigerian National Petroleum Company Limited (NNPCL) has reduced the price of Premium...
The roll-out of Premium Motor Spirit (PMS) from the Port Harcourt Refinery has been welcomed by marketers, who believe it will deepen competition, ensure product availability,...
The deregulation of Nigeria’s downstream oil sector has triggered a gradual reduction in petrol prices, according to the Independent Petroleum Marketers Association of Nigeria (IPMAN) and...
The estimated cost of landing Premium Motor Spirit (PMS), commonly known as petrol, on Nigeria’s shores has seen a significant 20.34 per cent reduction, falling to...
Organised Labour has raised concerns over the recent hike in petrol prices, cautioning the Federal Government against potential public unrest as Nigerians grapple with rising living...
The Nigerian National Petroleum Company Limited (NNPCL) has adjusted the price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦1,025 per litre in Lagos...
The Group Managing Director of Rainoil Ltd, Gabriel Ogbechie, has alerted Nigerians to prepare for market-based pricing of petroleum products following the federal government’s complete deregulation...
The Minister of Power, Adebayo Adelabu, has claimed that many Nigerians have stopped voicing complaints about the high cost of petrol because they are no longer...
Compressed Natural Gas (CNG) vehicles use high-pressure cylinders to store natural gas as fuel. While these vehicles are generally considered safe and environmentally friendly, several factors...
During the lead-up to the 2023 presidential election, Bola Ahmed Tinubu, the All Progressives Congress (APC) candidate, made bold promises to address the rising cost of...