The sustained strategic intervention of the Nigerian National Petroleum Corporation (NNPC) in the efficient supply and distribution petroleum products has led to significant fall in the prices of Premium Motor Spirit (PMS), also known as petrol, and Liquefied Petroleum Gas (LPG), also known as...

The Nigerian National Petroleum Corporation has reduced its importation of Premium Motor Spirit, popularly known as petrol, from about 95 per cent to 50 per cent, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said. According to Kachikwu, the reduction has paved...

The Nigerian National Petroleum Corporation has announced elaborate measures to sustain supply of Premium Motor Spirit, (petrol), Automotive Gas Oil, diesel, and Dual Purpose Kerosene, DPK, otherwise called kerosene, nationwide.   These measures include: increasing the February supply of Premium Motor Spirit (PMS), by six...

The price of petrol has gone up from the official pump price of N145 per litre to between N150 and N155 in Auchi, Etsako West Local Government Area of Edo. A News Agency of Nigeria (NAN) correspondent who observed the situation reports that some filling...

There was fear of a fresh round of fuel scarcity as many filling stations in parts of Lagos and Ogun states did not sell Premium Motor Spirit, popularly known as petrol, to motorists as they had run out of the product. Marketers have in recent...

The nation’s fragile economy faces another crisis as the Nigerian Ports Authority (NPA) is restraining the berthing of ships contracted by the Nigerian National Petroleum Corporation (NNPC) for non-payment of N5 billion debt. This is coming just as Nigerians are grappling with the possibility of...