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Nigerian Businesses Turn To Solar As Diesel Costs Bite – Report

Nigerian Businesses Turn To Solar As Diesel Costs Bite - Report   Nigeria’s solar companies are seeing a surge in demand for mini-grids and equipment as businesses in Africa’s biggest oil producer look for alternative power sources, a Reuters report disclosed. The increased demand became even stronger...

Why Petrol Queues In Abuja Won’t End Soon — Marketers

Why Petrol Queues In Abuja Won't End Soon — Marketers   Petrol marketers have attributed the lingering queues at petrol stations in Abuja and other northern state capitals to the high cost of freighting the product from coastal depots. The National President of Natural Oil and Gas...

Price Of Diesel Rises Further By 18.5% To N343/litre

Price Of Diesel Rises Further By 18.5% To N343/litre   There are indications that price of The average retail price of Automotive Gas Oil (diesel) is on steady rise reaching N343 per litre as at Wednesday, representing 18.5 per cent rise when compared with the National...

Diesel Surges By 56% In One Year, Now N350/litre

Diesel Surges By 56% In One Year, Now N350/litre   The price of Automotive Gas Oil, also known as diesel, has increased further to N350 per litre in some filling stations in Lagos. Economic Confidential had reported in October,  that fuel marketers had increased diesel price to...

FG Generates N2.56trn From Petrol, Kerosene, Diesel Sales In 13 Months

FG Generates N2.56trn From Petrol, Kerosene, Diesel Sales In 13 Months   The Nigerian National Petroleum Company Limited on Wednesday announced that it earned N2.56tn revenue from the sale of white products (petrol, kerosene, diesel) in about 13 months. It also announced that N203.73bn was made on...

Diesel Landing Cost Rises To N336.45/litre – Marketers

Diesel Landing Cost Rises To N336.45/litre - Marketers   The pump price of Automotive Gas Oil, also known as diesel, may rise further as the Major Oil Marketers Association of Nigeria says its landing cost has increased to N336.45 per litre. Economic Confidential had reported on October...