Bauchi Governor Bala Mohammed's planned defection to APC collapses as power-sharing talks fail, leading his camp to explore alternative political options.
Nigerian motorists benefit from steady PMS and AGO prices, thanks to Dangote Refinery's influence, despite rising global crude costs and cautious market sentiment.
Nigerian filling stations across several cities have adjusted their pump prices following the biting petrol scarcity in Nigeria recently, with consumers apprehensive
The Nigerian National Petroleum Company Limited (NNPC) and other filling stations have reduced petrol prices following changes in ex-depot prices.
Despite reduced prices at the depots by Dangote and operators, cooking gas retailers are exploiting consumers, making as much as 35% profit per kilogramme.
The planned rollout of 4,000 CNG-powered trucks by Dangote Refinery has suffered a setback, caused by shipping hurdles in China, with only 450 trucks received.
The Independent Petroleum Product Marketers Association of Nigeria (IPMAN) has explained the delay in the planned nationwide fuel distribution by Dangote Refinery.
Following the cut in petrol prices by Dangote Refinery, the NNPC and fuel marketers have released new rates nationwide, showing Southeast and others paying higher.
The Nigerian government plans to implement a pay-as-you-go electricity payment system to phase out subsidies and clear a N4 trillion debt in the energy sector.
Dangote Petroleum Refinery has welcomed more oil marketers as they prepare to benefit from the free logistics offered for petrol and diesel distribution.
Nigerian National Petroleum Company Limited has adjusted its petrol prices at its filling stations nationwide, with Lagos the cheapest and Yobe the most expensive.
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