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

Reno Omokri, former presidential aide and vocal political commentator, has voiced strong support for President Bola Tinubu's administration..

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 Nigerian National Petroleum Corporation (NNPC) and Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached an agreement on ex-fuel price.

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 ...

There is nothing to celebrate or rejoice about in the launch of the Dangote refinery. Fundamentally, it is a sad reminder ...

IN a development that shocked Nigerians, the Nigerian National Petroleum Company Limited (NNPCL) increased the price of petrol ...

ShareUndoubtedly, the last few weeks were some of the worst for the naira in recent times. On October 2, 2024, for instance, the local currency, which traded at N907.11/$1 in January, fell to a fresh ...

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 ...

Despite promising to bring down the price of petrol during his campaign, President Bola Tinubu has repeatedly increased ...