Nigeria has emerged as the country with the steepest surge in petrol pump prices worldwide following the escalation of conflict in the Middle East involving Iran, the United States, and…
Global oil prices have surged past the psychologically significant $100 per barrel mark amid escalating conflict in the Middle East particularly the intensifying war involving Iran US and Israel forces.…
Nigeria experienced a significant decline in crude oil production during February 2026 according to the latest data released by the Organisation of the Petroleum Exporting Countries OPEC. The countrys output…
The Nigerian National Petroleum Company Limited (NNPCL) is currently facing intense legislative oversight following claims by the Senate Committee on Public Accounts of a substantial N210 trillion discrepancy in its…
In a groundbreaking shift for Nigerias downstream oil sector the Dangote Petroleum Refinery now accounts for approximately 92 percent of the countrys daily petrol supply prompting the Federal Government to…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Federal Government to intervene by reducing the cost of crude oil supplied to the Dangote Petroleum Refinery. This…
The Dangote Petroleum Refinery has temporarily halted the loading of Premium Motor Spirit (PMS), also known as petrol, at its Lekki facility in Lagos. This suspension, which began recently with…
The Dangote Petroleum Refinery has increased its Premium Motor Spirit (PMS) gantry price to N995 per litre, marking the second adjustment in just four days and a sharp rise of…
