Oil & Gas
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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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Analysts raise alarm over possible $200 oil amid escalating Middle East tensions
•Israeli strike on an Iranian oil storage facility Shortly after the United States and Israel first attacked Iran on…
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Fuel scarcity fears rise as Middle East crisis deepens, hits key oil routes
The growing crisis in the Middle East is tightening the noose around Africa’s fuel supply chain, with many countries now…
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Low quality fuel in circulation — Motorists raise alarm
Some motorists in the Federal Capital Territory (FCT), have expressed concern over the quality of Premium Motor Spirit (PMS), popularly…
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Fuel shock in Rivers as pump price jumps to ₦1,500
The recent adjustment in the pump price of Premium Motor Spirit (PMS), commonly known as petrol, is taking a heavy…
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