
Nigerian National Petroleum Company Limited has adjusted its petrol prices at its filling stations nationwide, with Lagos the cheapest and Yobe the most expensive.
Nigerian National Petroleum Company Limited has adjusted its petrol prices at its filling stations nationwide, with Lagos the cheapest and Yobe the most expensive.
LASERC has issued a new order to regulate the Lagos State energy market, mandating immediate license compliance and imposing penalties for unlicensed operators.
Four depot owners have increased their prices following the increase in crude oil costs in the international market, as marketers plot against Dangote.
The move by the Nigerian government to secure a $5 billion oil-backed loan from Saudi Aramco is facing a major hurdle due to falling crude oil prices.
Diesel prices have spiked at the depots by over 10 per cent, with owners increasing the product's prices from N925 per litre to N1,050 and N1,025 respectively.
NNPCL warns foreign businesses and investors about scammers posing as the company, urging caution and reporting of fraudulent activities to the corporation.
Depot owners have hiked petrol prices slightly due to increase in global crude oil prices, supply challenges and shutdowns across the country during the holiday.
Several filling stations across Nigeria have reduced petrol prices as the naira strengthens, with experts predicting further decreases in June and July.
Owners of crude oil refineries in Nigeria have lamented poor crude oil supply to run their businesses as producers prefer selling to international buyers.
Key petroleum product marketers have engaged foreign suppliers to import petrol and sell at about N700 per litre, below the Dangote Refinery rate.
Energy
Load more