Fuel Marketers Call For Fresh Price Hike as Naira Crash to 920/$ Oil marketers, on Thursday, insisted on a possible hike in the pump price of Premium Motor Spirit, popularly called petrol, following a further plunge in the value of the naira against the United...

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...

Despite NNPC Claim, Fuel Marketers Predict N170/litre   The pump price of Premium Motor Spirit, popularly called petrol, may rise from the current N162-N165/litre to N170/litre, while its depot price is projected to increase from N159/litre to N165/litre, oil marketers said on Thursday. Dealers under the aegis...

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...

Fuel Marketers Quarterly Revenue Increase By N88.94bn       The total revenue reported by five of the major oil marketing companies in the country rose by 55.6 per cent in the second quarter of this year, signaling a gradual recovery from the COVID-19 pandemic amid the challenges...

Petrol Scarcity Looms In Abuja, Others As Marketers Begin Strike     Abuja, Niger, Kaduna and neighbouring locations may face petrol scarcity in the coming days as oil marketers who distribute products in these areas have commenced an industrial action. Oil dealers under the aegis of the Independent...