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FG denies subsidy return, more fuel stations shut

The Federal Government, on Monday, denied reintroducing the subsidy on Premium Motor Spirit, popularly called petrol, amid the closure of many filling...

Petrol landing cost hits N720/litre, caused desertion at the Depots

Due to lack of products caused by foreign exchange rate volatility, many petroleum products at depots are currently deserted, as the landing...

THE RETURN OF FUEL SUBSIDY: Marketers forecast N900/litre, as FG may pay N1.68tn fuel subsidy

Petrol price to rise again as naira nears N1,000, crude oil hits $95, IPMAN warns Operators commend...

NNPCL swaps oil for loans as Dangote refinery imports crude

Dangote expects crude from NNPCL November, begins operations October $3bn crude-for-loan deals, others put pressure on local...

12.5kg Cylinder Gas price might hit N18,000 in December

Gas retailers have warned that the price of 12.5kg cooking gas may hit N18,000 by December if the Federal Government does not...

Crude hits $94 as marketers eye fresh fuel price hike

Due to the depreciation of the Nigerian Naira against the US Dollar, coupled with the rise in the cost of Crude Oil,...

NSA: 400,000 barrels of crude oil still being stolen on the daily

Malam Nuhu Ribadu, the National Security Adviser, disclosed that the country is still losing 400,000 barrels of crude oil daily to local...

No intention to hike Fuel Price, says NNPCL

Due to the widespread concern of a possible hike in the pump price of Premium Motor Spirit, popularly called petrol, the Nigerian...

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