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World Bank Questions NNPCL Over Withheld Petrol Subsidy Savings

ABUJA, Nigeria - The World Bank has raised serious concerns over the handling of petrol subsidy savings by the Nigerian National Petroleum Company Limited...

Dangote Refinery Cuts Ex-Depot Petrol Price to N867 Per Litre

LAGOS, Nigeria — Dangote Petroleum Refinery and Petrochemicals has reduced its ex-depot loading cost of petrol from N880 to N867 per litre, a move...

Dangote, NNPCL Officials Meet as Nigeria Pushes Ahead With Naira-for-Crude Oil Transactions

ABUJA, Nigeria — The Nigerian federal government has confirmed that the naira-for-crude oil deal will continue, following the conclusion of its first phase on...

Presidency Accuses Senator Ndume of ‘Selective Perception’ in Federal Character Debate

ABUJA, Nigeria — Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, has rejected claims by Senator Ali Ndume that the...

Tinubu Fires Kyari, Overhauls NNPC Leadership in Sweeping Oil Sector Reforms

ABUJA, Nigeria - In a major shake-up aimed at improving the operational efficiency of the Nigerian National Petroleum Company, NNPC, Limited, President Bola Tinubu...

Petrol Prices Increases After Dangote Refinery’s Supply Shift

LAGOS, Nigeria - The Nigerian downstream petroleum sector has been thrown into turmoil following Dangote Refinery’s decision to temporarily suspend the sale of refined...

Dangote Refinery Suspends Naira Sales of Petroleum Products

LAGOS, Nigeria — The Dangote Petroleum Refinery has announced the temporary suspension of petroleum product sales in naira, citing the need to align its...

Petroleum Marketers Groan as Dangote, Again, Reduces Petrol Pump Price

AWKA, Nigeria - The Independent Petroleum Marketers Association of Nigeria, IPMAN, has raised concerns over the ongoing price war between the Nigerian National Petroleum...

Petrol Prices in Nigeria Poised for Major Drop to N500 Per Litre in 2025 (ANALYSIS)

LAGOS, Nigeria - Nigeria’s petroleum sector is set for significant changes in 2025, with experts predicting a steep decline in petrol prices, potentially falling...

‘Crashed Port Harcourt Helicopter Was Airworthy’ – Nigeria Civil Aviation Authority Declares

ABUJA, Nigeria — The Nigeria Civil Aviation Authority, NCAA, has refuted claims circulating in media reports that the helicopter involved in last week’s tragic...

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