The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Shettima, has called on the Nigerian National Petroleum Company Limited (NNPC) to provide...
On Wednesday, the Naira depreciated significantly in the Nigerian Autonomous Foreign Exchange Market (NAFEM), reaching an exchange rate of N1,625.13 per dollar. Data from FMDQ revealed...
In a significant shift for Nigeria’s downstream petroleum sector, major oil marketers are set to begin direct purchases of Premium Motor Spirit (PMS), commonly known as...
In a significant development for Nigeria’s aviation sector, the federal government has officially designated the Dangote Refinery as the sole supplier of jet fuel, also known...
The Federal Government has officially begun the sale of crude oil in naira, in line with a directive from President Bola Tinubu. This update was shared...
The Chairman of Maigero and Karji communities in Kaduna, Mr. Lucky Akpoiosevbe, has firmly denied the claims made against Kaduna Electric by a community member, Edward...
The Central Bank of Nigeria (CBN) has disclosed that it sold $543.5 million to authorized dealer banks between September 6 and September 30, 2024, to address...
As Nigeria faces soaring petrol prices and declining crude oil production, oil workers and companies under the Ministry of Petroleum Resources have sought divine intervention through...
The Nigerian naira experienced a modest rebound on Thursday, October 3, 2024, driven by a substantial increase in dollar availability in the official market. According to...
Globacom has launched a new season of its Festival of Joy promo, offering customers a chance to win exciting prizes including Toyota Prado and other valuable...