The Nigerian National Petroleum Company Limited has clarified the fuel pricing agreement reached with independent oil ...

Refinery margins for petroleum refiners across the world are shrinking, indicating reduced profitability from refining crude oil and selling petroleum products.

Petroleum marketers have disclosed that they plan to import petrol to augment the production of petrol from the Dangote Refinery and meet local consumption needs.

Nigerians were rudely awakened on Wednesday, October 9, 2024, to bad tidings. On the said day, the NNPCL announced that it would no longer ...

The President of the Lagos Chamber of Commerce and Industry (LCCI), Gabriel Idahosa, has expressed fear over the continued survival of businesses, saying that rising about 450 per cent hike in prices ...

Despite the gloomy pictures painted by some economic analysts and opposition politicians, a former presidential aide, Mr Reno Omokri, has said that the Nigerian economy is making headway under ...

On her part, the Group COO, MRS Holdings, Amina Maina assured that the ongoing petrol shortage in the country would ease in the coming days as more supply comes from the Dangote Refinery. “I think ...

We are being promised by operators in the oil sectors 2 million barrels per day and, of course, the Dangote refinery,” Edun said. Speaking further, Edun explained that similar investments are being ...

Wikimedia Commons Nigeria’s government on Friday said fuel retailers could now buy gasoline directly from the Dangote ...