In a major and disruptive development in Nigeria’s energy sector, the Dangote Petroleum Refinery has sharply reduced its ex-depot petrol…
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As the 2025 Yuletide draws near, President of the Dangote Group, Aliko Dangote, has reaffirmed his company’s readiness to deliver…
Abuja, Nigeria — President Bola Tinubu has officially postponed the rollout of a 15 percent import duty on petrol and…
In a swift policy reversal, Nigerian filling stations across the country have begun reducing pump prices for petrol and diesel…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and the Federal Inland Revenue Service (FIRS), to suspend the planned…
The Dangote Petroleum Refinery has reiterated its commitment to providing a stable and uninterrupted supply of Premium Motor Spirit (PMS)…
President Bola Tinubu has approved a 15 per cent ad‑valorem import duty on imported petrol (Premium Motor Spirit) and diesel with immediate…
The Central Bank of Nigeria has dismissed reports alleging that it allocated over $1.3 billion for the importation of petroleum…
Former Ekiti State Governor, Kayode Fayemi, has criticized former President Goodluck Jonathan for lacking the political will to remove the…
The landing cost of imported Premium Motor Spirit (PMS), commonly known as petrol, has fallen to ₦839.97 per litre as…
Billionaire businessman Femi Otedola has denied any involvement in Nigeria’s fuel subsidy fraud, calling recent allegations against him misleading and…
The Dangote Refinery has announced the suspension of petrol sales in Naira, effective September 28, 2025, due to the exhaustion…