The Nigerian government has increased the landing cost for imported premium motor spirit (PMS), also known as petrol, by 4% to N956.13 per litre in October...
The Federal Government has granted petroleum marketers the authority to lift petrol directly from the Dangote refinery, bypassing the Nigerian National Petroleum Company Limited (NNPC). This...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says members of the organisation are ready to sell petrol at N970 per litre despite the recent adjustment...
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...
