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Marketers of refined petroleum products say petrol and diesel prices may drop as crude oil prices slump again. However, the marketers who spoke with our correspondent,...
The President of Dangote Group, Alhaji Aliko Dangote, says he is still fighting for the survival of his $20bn refinery, stressing that “the fight is not...
Air Peace has stopped all its flights nationwide because workers at the Nigerian Meteorological Agency (NiMET), who provide crucial weather information, are on strike due to...
Gold prices reached a new high on Tuesday, while the US dollar weakened and stock markets experienced mixed results. This followed US President Donald Trump’s latest...
The Nigerian National Petroleum Company Limited (NNPCL) reported earnings of N336.37 billion from crude oil sales in the first quarter of 2025. The Dangote Petroleum Refinery...
Fuel distribution company, SGR, has justified its N899 per litre price for Premium Motor Spirit, attributing the figure to prevailing economic conditions and increasing operational costs...
A further drop in crude oil prices and the reintroduction of the “naira-for-crude” initiative for domestic refiners could see the price of Premium Motor Spirit (petrol)...
The Dangote Petroleum Refinery has once again lowered the ex-gantry cost of premium motor spirit (PMS), commonly referred to as petrol, to N835 per litre. Sources...
Twenty-two days after pausing sales of petroleum products in naira, the Dangote Refinery has restarted the supply of refined products to its partners and marketers using...
Crude oil prices have fallen to $59 for the first time since February 2021. Brent crude, the global benchmark, declined by 5.09 percent to $59.62 per...
