The Federal Government may cut its approximately N6.2tn yearly fuel import bill if the Dangote Petroleum Refinery begins the sale of premium motor spirit as promised by the Chairman of…
The Federal Government is set to commence a fresh audit of the N2.8tn fuel subsidy claim by the Nigerian National Petroleum Company Limited. An audit firm, KPMG had conducted an…
Normalcy is gradually returning to the supply and distribution chain of Premium Motor Spirit (PMS) or petrol, following the scarcity of the product in the last three weeks. The Nigerian…
As fuel scarcity deepens across the country, marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria have said their National Executive Council would be meeting officially on…
The queues for Premium Motor Spirit, popularly called petrol, grew worse in Abuja and neighbouring Nasarawa and Niger states on Thursday, as the Nigerian National Petroleum Company Limited blamed the…
Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, on Thursday attributed the positive changes in the currency market to the fiscal and monetary…
The 2023 presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has said the Federal Government’s directive to the Central Bank of Nigeria, (CBN ), to take over the responsibility…
The 2023 presidential candidate of the People's Democratic Party, Atiku Abubakar, has asked President Bola Tinubu to account for the Nigerian National Petroleum Company Limited’s $3.3 billion emergency crude repayment…
The Nigerian National Petroleum Company Limited (NNPCL) on Monday opened a bid to privatise the operation of its Port Harcourt Petroleum Refinery. In an Expression of Interest (EO), available on…