
The global fall in crude oil prices has led to a slight drop in fuel prices across depots nationwide, with top depots now selling petrol and diesel at the same rate.
The global fall in crude oil prices has led to a slight drop in fuel prices across depots nationwide, with top depots now selling petrol and diesel at the same rate.
Over 1000 tankers carry petroleum products worth N150 billion every day across the country, according to Abubakar Shettima, National President of the IPMAN.
Once again, the Nigeria's national grid has collapsed leaving the entire country without power as Ikeja Electricity Distribution Company has explained the situation.
According to Patrick Pouyanne, president and CEO of TotalEnergies Global, the company is ready to invest billions in Nigeria and take part in current oil bid round.
AYM Shafa Limited, A.A. Rano Limited, and Matrix Petroleum Services Limited have sued the Dangote Refinery over an alleged plot to control the Nigerian energy market
The Nigerian National Petroleum Company Limited (NNPC) has responded to the claims of importing inferior fuel into Nigeria and denied responsibility for price hikes.
Oil marketers have crashed petrol prices from N1,200 to N1,120 as landing cost of fuel crashed to N939.86 on November 1, 2024, from N981 on September 25, 2024
Nigerians will be paying more to purchase prepaid meters as Electricity Distribution Companies (DisCos) released new price breakdowns, making another increase.
The Federal Competition and Consumer Protection Commission has asked DisCos to halt further prepaid metre upgrades and reimburse purchases by consumers.
According to Dangote Petroleum Refinery, deregulation does not allow for the importation of petroleum products that do not adhere to regulations.
Energy
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