Petrol Pump Price May Drop as Marketers Secure Agreement With Dangote   The Independent Petroleum Marketers Association of Nigeria (IPMAN) has secured an agreement with Dangote Petroleum Refinery to lift products directly. This, according to the association, will ensure the availability of petroleum to Nigerians at a...

NNPC Buys From Dangote Refinery, Ends N24trn Fuel Import   The Nigerian National Petroleum Company Limited (NNPCL) has stopped importing refined petroleum products and is now off-taking fuel from the Dangote Petroleum Refinery and other local refineries. NNPC’s Group Chief Executive Officer, Mele Kyari, disclosed this on...

Increasing the price of Premium Motor Spirit (PMS), also known as petrol, may reverse the already diminishing effects of fuel subsidy removal in Nigeria, according to the World Bank. 

NNPC Sells PMS to IPMAN at N995 per Llitre   The Nigerian National Petroleum Company Limited (NNPC) has agreed to sell Premium Motor Spirit (petrol) to members of the Independent Petroleum Marketers Association of Nigeria at N995 per litre. This followed the intervention of the Department of...

Petrol pump price rose to N1,030 per litre at various outlets of the Nigerian National Petroleum Company Limited (NNPC Ltd) in Abuja on Wednesday.  

The Federal government has unveiled "buy now, pay later" portal to encourage the adoption of Compressed Natural Gas (CNG) as a cleaner alternative to Premium Motor Spirit (petrol).