Marketers Predict N800/litre Petrol Sale as Import Cost Drops
Major oil marketers in Nigeria have moved to offer a lower price against the gantry loading cost of N825 per litre set by Dangote Petroleum Refinery.
This development followed a revelation by marketers that the landing cost...
FG Probes NNPCL, Oil Firms' $1.6bn Debt
The House of Representatives Public Accounts Committee, on Tuesday, initiated an investigation into the outstanding debts owed to the Federation Account by the Nigerian National Petroleum Company Limited and oil companies.
The investigative hearing, chaired by the sub-committee Chairman,...
NNPCL, JV Partner to Minimize Gas Flaring by 96%
The Nigerian National Petroleum Company Limited (NNPCL) has achieved a significant milestone in reducing gas flaring, announcing a remarkable 96% decrease at the Anyala (OML 83) and Madu (OML 85) fields. This notable accomplishment is the...
NNPC, Marketers Import 633m Litres of Fuel to Address Domestic Shortfall
In a move to address the domestic fuel shortage, the Nigerian National Petroleum Company Limited (NNPCL) and other downstream oil sector marketers brought in a substantial volume of petroleum products in January 2025.
The latest...
Abdulkadir Nagode: The Making of the First 'Dan Amana' of Ilorin Emirate
By Roheemat Hammed
Traditional and chieftancy titles are an integral part of the Nigeria's rich cultural heritage. Some royal titles are typically passed down through generations or bestowed by a monarch. Other titles are...
Dangote Refinery Targets 650,000bpd Production by June
The Dangote Petroleum Refinery is set to ramp up its crude oil imports due to inadequate supply from the Nigerian National Petroleum Company Limited (NNPC) which is struggling to meet the refinery's fuel production needs at its $20...
