Nigeria has finally bowed to long-standing pressure to restructure the downstream segment of the Nigerian oil industry through the removal of fuel subsidy.
Nigeria has recorded its first death from Coronavirus (Covid-19), on Monday morning. The deceased, an ex-Managing Director of Pipelines and Products Marketing Company (PPMC) a subsidiary...
The average pump price of premium motor spirit (popularly known as Petrol) increased by 0.2% in June 2019. This is revealed in the latest Petrol price watch...
The Nigerian National Petroleum Corporation (NNPC) has reported a trading surplus of ₦12.13 billion for December 2018.
The Nigerian National Petroleum Corporation (NNPC) today announced the completion of repairs on the Escravos pipeline. In addition, gas supply to several power generating companies have...
As part of measures to alleviate the crippling fuel scarcity in the country, petroleum marketers in the country may be granted a special foreign exchange rate...
In a press release issued today, members of the Depot and Petroleum Products Marketers Association (DAPPMA) have denied allegations that they were involved in hoarding petroleum...
The Federal Government may be caught between the proverbial devil and deep blue sea as the landing price of petrol is currently N171 per litre. Nigerian...
The Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have signed a $1.7 billion Alternative Financing Agreement for OMLs 90 and 91. The increased...
Nigeria may be in for good times as crude oil exports to Portugal and India have resumed. Portugal , which last imported crude oil from Nigeria...
