2 Shutdowns Of Port Harcourt Refinery In 5 Months Raise Questions
A second shutdown of the Port Harcourt Refinery within five months has sparked calls by many Nigerians, including the Nigeria Labour...
CBN Reports $23Bn Net Foreign Exchange Reserves, Strongest In Over Three Years
The Central Bank of Nigeria (CBN) has reported a Net Foreign Exchange Reserve (NFER) of $23.11 billion as of the...
TMRAS: FG Dumps REMITA, Unveils New Revenue Collection Platform Today
The Federal Government will today, March 4, 2025, unveil a new payment platform to replace REMITA, which has been used...
Fuel Crisis Looms As Drivers Stop Loading, Allege Harassment
There is looming fuel scarcity in Lagos and other parts of Nigeria as tanker drivers have stopped fuel loading over...
Subsidy Removal: Oil Marketers Expand Borrowings By 76.5% To ₦3.0 Trillion
At the backdrop of sharp rises in cost of procuring products and interest rates in banks petroleum marketers have recorded...
Dangote Refinery Reduces Ex-Depot Petrol Price To ₦890
Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol,...
Domestic Fuel Supply Drags Petrol Imports To Eight-Year Low
The importation of Premium Motor Spirit (petrol) into Nigeria is on track to hit its lowest volume in eight years....
Dangote Refinery To Receive 12 Million Barrels Of US Crude
The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States, the Africa...
Dangote Refinery Raises Petrol Price To ₦955/Litre
Dangote Petroleum Refinery has increased the price of Premium Motor Spirit (PMS), commonly known as petrol, citing rising global crude...
NNPCL Remitted ₦10 Trillion To Federation Account In 2024 – Kyari
The Nigerian National Petroleum Company Limited has remitted N10 trillion to the federation account, making it the highest taxpayer in...