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9 Articles
Business

NNPC Ltd reacts to long queues at filing stations

By Chioma Obinagwam As the nationwide supply and distribution of Premium Motor Spirit (PMS), also known as petrol, continue to improve, the Nigerian...

BusinessNews

NNPC Retail Limited reacts to price adjustment rumours

By Chioma Obinagwam The NNPC Limited has reacted to news of a price adjustment making the rounds. The company told NNPC Limited in...

BusinessNews

‘Why there won’t be increase in petrol,’ NNPC Ltd assures

The Nigerian National Petroleum Company (NNPC) Ltd. has assured the public that there is no imminent increase in the cost of Premium Motor...

BusinessNews

Nigeria loses 400,000 barrels of crude daily to oil theft

Africa’s leading oil producer, Nigeria, loses 400,000 barrels of crude daily to theft. Minister of State for Petroleum Resources, Dr Timipre Sylva said...

BusinessNews

Petrol diversion: DPR to withdraw licenses of 27,000 petroleum outlets

The Department of Petroleum Resources, (DPR) has issued a strong warning saying that 27,000 filling stattions are likely to forfeit their operating licensing...

BusinessNews

Publication of petrol Guiding Prices indicative of market trends– PPPRA argues

By Chioma Obinagwam The Petroleum Products Pricing Regulatory Agency (PPPRA) has clarified that the publication of the ‘guiding prices’ posted on its website...

NewsOpinion

Fuel Price Hike: The fact of the matter

By Izielen Agbon “Of all our studies, history is best qualified to reward our research. And when you see that you’ve got problems,...

BusinessNews

Nigeria: Amidst pandemic, PPMC increase petrol price twice

The Petroleum Products Marketing Company (PPMC) on Wednesday adjusted the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, twice within...

BusinessNews

Nigeria’s government increases petrol pump price to N143.8 per litre

The Petroleum Product Pricing Regulatory Agency (PPPRA) has announced an upward review of the retail pump price of petrol from the previous N121.50...

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