Major oil marketers have raised concerns that the federal government’s decision to impose a 15 per cent import duty on petrol and diesel could trigger another...
President Bola Ahmed Tinubu has approved the introduction of a 15% ad-valorem import duty on premium motor spirit (PMS), commonly known as petrol, and diesel. This...
Nigeria’s crude oil and gas output plunged during the three-day nationwide strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), which was...
In a welcome development for motorists, the Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of Premium Motor Spirit (PMS), commonly known as...
In a surprising move that could ease the burden on motorists, the Nigerian National Petroleum Company (NNPC) Limited has slashed the pump price of petrol at...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the temporary shutdown of operations at the Port Harcourt Refining Company (PHRC) beginning May 24, 2025....
In a move aimed at enhancing road safety and preventing accidents, the Federal Government has announced a ban on the nighttime movement of fuel tankers across...
In a fresh move to ease fuel costs, Dangote Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS) to ₦835 per litre, marking another...
The Federal Government has reaffirmed its commitment to the ongoing policy of conducting crude oil and refined product sales in Naira, declaring that the initiative remains...
Nigeria may soon face a nationwide scarcity of Premium Motor Spirit (PMS), commonly known as petrol, as the Independent Petroleum Marketers Association of Nigeria (IPMAN) has...
