Petrol
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Business
Petrol landing cost drops, but pump price still rises sharply
On Thursday, November 8, the Major Energy Marketers Association of Nigeria (MEMAN) announced that the landing cost of petrol (also…
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Business
Marketers explain reason behind NNPCL’s latest fuel price increase
Petroleum marketers have stated that the Nigerian government has completely removed the subsidy on Premium Motor Spirit (petrol), leading to…
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Business
NNPC increases petrol price in Abuja by 15%
The Nigerian National Petroleum Company Limited (NNPC) has announced a significant increase in the pump price of petrol in Abuja,…
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Business
Subsidy, a sensitive topic but not sustainable
President of the Dangote Group, Alhaji Aliko Dangote, has called on the Federal Government to end fuel subsidies. He said…
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Business
Dangote Refinery denies selling Petrol to NNPCL at N898 per litre
The Dangote Refinery has denied selling petrol to the Nigerian National Petroleum Company Limited (NNPCL) at N898 per litre.
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Business
NNPCL bought 16.8m Petrol From Dangote Refinery At N898 Per Litre — Spokesman
The Nigerian National Petroleum Company Limited (NNPCL) has said that it bought petrol from the Dangote Refinery at N898 per…
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Business
Dangote Refinery warns it may need to export 97% of its petrol
Dangote Refinery has announced that it might have to export 95-97 percent of its Premium Motor Spirit (petrol) due to…
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Business
Nigeria’s daily petrol consumption doubles after subsidy removal, raises concerns
The mystery surrounding Nigeria's daily petrol consumption has deepened, with reports indicating a dramatic increase following the removal of the…
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Nigerian News
Fuel Hike: NANS denies planning protest against petrol price hike
The National Association of Nigerian Students (NANS) has denied organising a protest against the increase in petrol price. NANS rebuttal…
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Nigerian News
NNPCL admits $6BN debt to Petrol suppliers responsible for queues
The Nigerian National Petroleum Company Limited on has said the company’s “significant debt to petrol suppliers”poses a threat to the…
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Business
Petrol price stands at N679.36 in February – NBS
According to the National Bureau of Statistics (NBS), the average retail price of one liter of petrol rose from N263.76…
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Tech
Nigerian man invents water-powered generator, despite lacking formal education
Emeka Nelson, a 26-year-old Nigerian, has built a power generator that runs mainly on water. Nelson made this invention despite…
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