Nigeria's average retail price for Premium Motor Spirit (PMS) decreased to ₦1,027.76 in May 2025—a 17.07% decrease from ₦1,239.33 in… Read More
Dangote Refinery's free nationwide distribution of refined petroleum products promises to save Nigerians N1.7 trillion annually. This was disclosed in… Read More
Speaking at the African Export-Import Bank’s annual general meeting in Nigeria’s capital on Friday, africa’s richest man, Aliko Dangote, announced… Read More
Oil prices climbed on Wednesday, rebounding from a dramatic two-day plunge, the steepest since 2022, after a US-brokered ceasefire between… Read More
Global crude prices, including West Texas Intermediate and Brent, plunged more than 13% as Iran’s measured response to U.S. strikes… Read More
The Nigerian National Petroleum Company (NNPC) Limited has increased the pump price of Premium Motor Spirit (PMS) to over N900… Read More
Oil prices swung dramatically after US airstrikes on Iranian nuclear facilities, reflecting heightened geopolitical risks in the Middle East. Brent… Read More
Dangote Petroleum Refinery on Friday raised its ex-depot price for Premium Motor Spirit (PMS) to N880 per litre, marking a… Read More
In a recent interview on Arise News, Abubakar Shettima, President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), expressed… Read More
Nigeria’s downstream fuel sector is facing its biggest shake-up in decades. Dangote is taking direct control of logistics, utilizing 4,000… Read More