The Dangote Petroleum Refinery has resumed the sale of Premium Motor Spirit, popularly called petrol, in naira, ending its brief…
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FG returns 13 oil blocks to licensing basket
The Federal Government has disclosed that 13 of the 50 oil and gas blocks offered under the 2025 Licensing Round…
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Dangote dumps naira, begins petrol sales in dollars
Dangote Petroleum Refinery has fixed the ex-depot price of Premium Motor Spirit (petrol) at $0.779 per litre, unveiling a new…
Read MoreDangote sourced 22% of June crude from overseas – Report
The Dangote Petroleum Refinery sourced about 78 per cent of its crude oil feedstock from the Nigerian National Petroleum Company…
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Petrol Price: FG directs NMDPRA to end profiteering by oil marketer
The Federal Government has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to ensure that petroleum marketers do…
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Petrol remains pricey as crude crashes to $73
The price of petrol has remained high even as crude oil prices crashed to $73 per barrel on Wednesday, their…
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Dangote Refinery reverses fuel price hike
The Dangote Refinery has reversed its earlier N75 increase in the ex-depot price of petrol. The refinery decided to maintain…
Read MorePetrol price increased by 22.55% in March — NBS
The National Bureau of Statistics (NBS) has stated that the average retail price paid by consumers for Premium Motor Spirit…
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Petrol price drop in doubt after Hormuz disruption
The decision by Iran to reclose the Strait of Hormuz has dampened hopes that fuel prices would crash in Nigeria.…
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