Weekly Newsletter
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#petrol
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...
‘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...
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...
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...
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...
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,...
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...
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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Again Ikeja Electric customers experience frustration in recharging energy tokens
By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been thrown into darkness because they cannot buy tokens and some of...