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Fuel: Scarcity Looms as NUPENG, Dangote Clash

Fuel: Scarcity Looms as NUPENG, Dangote Clash Nigerians may experience fuel scarcity next week as tanker drivers under the umbrella of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) threaten to stop fuel loading over the seeming cold war between them and the...

Fuel Price Soars to N955 per Litre

The pump price of petrol has surged again to N955 per litre in parts of the country, including the Federal Capital Territory (FCT).

Petrol may Hit N1,000/litre as Crude Price Soars

Global crude oil prices may cross $80 per barrel this week, following the major escalation in tensions between the United States and Iran.

PETROAN Disputes Claims of Lifting Petrol from P’Harcourt Refinery

PETROAN Disputes Claims of Lifting Petrol from P'Harcourt Refinery   The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has denied lifting Premium Motor Spirit (petrol) from the Port Harcourt Refining Company, managed by the Nigerian National Petroleum Company Limited in Rivers State. Based on its...

Dangote Refinery to Commence Nationwide Distribution of Petrol, Diesel

The Dangote Petroleum Refinery has announced that it will commence distribution of petrol and diesel nationwide.

N2trn Drop in Petrol Imports as Local Production Improves

N2trn Drop in Petrol Imports as Local Production Improves   Nigeria’s petrol import bill fell significantly in the first quarter of 2025, dropping to N1.76tn from the N3.81tn recorded in the same period in 2024, representing a difference of over N2tn. According to the latest foreign...