A report by global oil giant Shell shows that Nigeria received about $5.34 billion from the company in royalties, taxes and levies in 2024, the highest globally.
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Presidency explains why petrol prices will not go down even if all Nigeria's refineries are working
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NERC orders 9 DisCos to compensate Band A customers for inadequate power supply
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Nigerians to enjoy more power supply as Tinubu inks deal to boost national grid by 12,000MW
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Depot owners crash fuel prices as Dangote ends N10 rebate on petrol purchases
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NNPC releases locations of filling stations to buy fuel priced at N200
FG gives update on NNPC’s $6 billion debt to marketers, others, gives timeline to repay
The Nigerian government, through the minister of finance, Wale Edun, has said the Nigerian National Petroleum Company Limited will pay the $6bn debt to suppliers
No more grid collapses: Jeff Bezos, Rockefeller move to invest in Nigeria’s electricity industry
A consortium, aided by billionaires, is set to invest in Nigeria's energy industry and to help the country curb its constant power outages and grid collapses.
Dangote Refinery begins direct petrol sale to marketers after reaching new deal
Oil marketers have agreed with the Dangote Refinery to begin direct petrol supplies without resorting to the Nigerian National Petroleum Company Limited.
Airline operators share benefits of buying fuel from Dangote Refinery
The Dangote refinery has begun the sale of Jet A1 fuel to airlines which is expected to help reduce the operating cost of airlines operating in Nigeria.
Marketers speak as NNPC sells crude oil to Dangote Refinery in naira
The Nigerian National Petroleum Company Limited (NNPC) has reportedly supplied four crude oil cargoes to the Dangote Refinery under the crude-for-naira deal.
FG takes serious action to crash cooking gas prices, gives orders to exporters
The federal government of Nigeria has directed the Nigerian National Petroleum Company Limited (NNPC) and producers to stop cooking gas export to stabilise prices.
Tinubu asks Nigerians to go for CNG fuel priced at N200 as marketers import 123m litres of petrol
President Bola Tinubu has asked Nigerians to choose between paying N1,000 per litre for petrol or purchasing compressed natural gas (CNG) at N230.
New diesel price at filling station as NBS shows most expensive states to buy
The National Bureau of Statistics has revealed that the retail price of automotive gas oil (diesel) has increased again, adding more burden to manufacturers.
5 international oil companies submit requests to sell Nigerian assets, FG approves four
The Nigerian government has disclosed that it has approved four requests from international oil companies to sell their assets to other firms to divest from Nigeria.
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