Dangote Unveils Petrol Price, Pledges to End Fuel Scarcity Within 48 Hours   Aliko Dangote, owner of the Lagos-based Dangote Refinery, announced on Tuesday that petrol produced at his 650,000 barrels per day facility will hit the market within 48 hours, pending finalization of modalities with...

NNPC Hikes Fuel Price to N897 Per Litre   The Nigerian National Petroleum Company Limited (NNPC) on Tuesday raised the pump price of petrol to N897 per litre from the official price of N617. This is coming days after the national oil company said it was heavily...

NNPCL May Halt Petrol Import As Depots Price Nears N1,000/Litre The pump prices of Premium Motor Spirit, popularly known as petrol, may rise above N1,000/litre in filling stations as the cost of the commodity in some private depots has been increased to between N920 and...

NNPC Targets Enhanced Refining Capacity at Warri and Kaduna Plants The Nigeria National Petroleum Company Limited (NNPC Ltd.) has announced plans to enhance refining quality and ensure sustained production at its Warri and Kaduna refineries. The company will adopt new maintenance and compliance measures, deploy...

Minister Advocates PPP to Tackle Oil Pipeline Vandalism The Federal Government has called for public-private partnerships to fix the old pipelines in order to tackle pipeline vandalism. The Minister of State for Petroleum Resources, (Oil), Heineken Lokpobiri, stated this at the just concluded Energy and Labour...

Issues around OVH Acquisition and NNPC Retail  By Femi Awoyemi There is no equivalence with evidence in the financial, business, and economic space, as it is done in the political space. Records exist for a reason in the former, and players seeking to push self-interested agendas...