Oil & Gas
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Fuel crisis deepens, petrol may surge to N2,000 per litre — TUC raises alarm
•TUC President Festus Osifo The Trade Union of Nigeria (TUC), Thursday, raised the alarm that the price of Premium Motor…
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World Bank: Imported petrol now costs less than Dangote’s
The World Bank has disclosed that imported Premium Motor Spirit (PMS), otherwise called petrol, is currently cheaper than the one…
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Dangote Refinery raises fuel prices again amid market pressure – petrol hits ₦1,275, diesel ₦1,950
•Trucks in Dangote Petroleum Refinery loading bay The Dangote Petroleum Refinery has again increased the gantry price of petrol and…
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Fuel crisis deepens as broken refineries trigger price instability
•The moribund NNPC Ltd Refinery in Port Harcourt The continued failure of Nigeria’s government-owned refineries has come under renewed scrutiny,…
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JUST IN: Dangote Refinery cuts petrol price to ₦1,200/litre
•Dangote Trucks at the gantry The Dangote Petroleum Refinery and Petrochemicals has reduced its gantry price for premium motor spirit…
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FG inaugurates PenCom Board, tasks members to safeguard ₦28trn pension assets
The Federal Government has inaugurated a new Governing Board for the National Pension Commission (PenCom), charging members with the critical…
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Fuel crisis deepens as pump price climbs to ₦1,400
The steady rise in the pump price of Premium Motor Spirit (PMS), commonly known as petrol, has intensified economic hardship…
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Saudi Arabia orders Iranian diplomats, military attaché out within 24 hours
Saudi Arabia has ordered the expulsion of Iran’s military attaché and four other diplomats, declaring them persona non-grata and giving…
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BREAKING: Dangote hikes fuel price again citing Middle East tensions
Nigerians and petroleum marketers are bracing for another round of price increases after the Dangote Petroleum Refinery announced a fresh…
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Despite huge oil wealth, Nigeria spends ₦9trn on petrol imports
Nigeria’s dependence on imported petrol persisted in 2025, with oil marketers spending N8.96tn on Premium Motor Spirit imports between January…
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