Sunday, October 25, 2026

Petrol Prices Expected to Decline Until June Amid Market Competition

Bismarck Rewane, Managing Director of Financial Derivatives Company Limited, has projected that petrol prices in Nigeria will continue to fall until June 2025. This...

Impending Fuel and Cooking Gas Scarcity Amid Tanker Drivers’ Protest in Lagos

Marketers of petroleum products have raised concerns over potential fuel and cooking gas scarcity due to alleged harassment of tanker drivers by Lagos State...

Dangote Refinery Boosts Fuel Production, Zambia Seeks Partnership

Aliko Dangote, President of the Dangote Group, has announced that the Dangote Petroleum Refinery currently holds over 500 million litres of petrol in its...

Dispute Over Proposed Ban on 60,000-Litre Petroleum Trucks

The Nigerian government and the National Association of Road Transport Owners (NARTO) are at odds over a proposed ban on petroleum trucks with a...

Lokpobiri Pledges Revival of Abandoned Brass Refinery Project

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has condemned the prolonged abandonment of the Brass Modern Refinery project in Bayelsa...

Lokpobiri Pledges Revival of Abandoned Brass Refinery Project

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has condemned the prolonged abandonment of the Brass Modern Refinery project in Bayelsa...

Queues Return AAs Fuel Prices Exceed ₦1,000/Litre

Oil marketers have declared that filling stations should not be blamed for the hike in the pump prices of Premium Motor Spirit, popularly called...

Two Factory Workers Die After Falling Into Diesel Reservoir

Two factory workers in the Ikosi area of Lagos lost their lives after falling into a diesel fuel reservoir while carrying out repairs. The...

Nigerian Navy shuts down illegal oil sites in Ondo

The Nigerian Navy Forward Operating Base in Igbokoda, Ondo State, dismantled nine illegal refining sites in the Obenla area after days of surveillance. The operation,...

Mele Kyari Is 60 Years Today, Recalled Life As An Almajiri Pupil To Becoming The CEO of NNPCL

The Group Chief Executive Officer of Nigeria National Petroleum Company Limited (NNPCL), Mele Kyari, today announced is 60th birthday and stated that his career...