
Nigerian National Petroleum Corporation (NNPC)







Petroleum product experts and marketers have revealed that the pump price of petrol and other petroleum products will rise again as Dangote and NNPC deal ends.

Dangote Petroleum Refinery's decision to halt sales of petrol in Nigerian currency is expected to fuel a surge in foreign exchange demand in the country.

The Nigerian National Petroleum Company (NNPC) Limited has reacted to reports of expulsion at the Port Harcourt Refining Company (PHRC) in Rivers State.

The group had stages a protest recently at the Sterling Oil head office, to demand that the company abide by the NOGICD act, and employ more Nigerians.

About 12 oil cargoes carrying Nigerian crude oil have remained unsold since March 10, 2025, as cheaper alternatives from Kazakhstan and the US flood the market.

Petroleum oil marketers have made price adjustments at filling stations in anticipation of further price crashes by NNPC and Dangote due to a fall in landing costs

The Independent Petroleum Marketers Association of Nigeria has reacted to the six-month petrol stability proposal by the Petroleum Products Retail Outlet Owners.

The N100 billion suit questions the government's decision to still issue fuel importation licenses even when a domestic refinery has shown capacity.

The landing cost of petrol has crashed again to N797.83 per litre from N851.76 as of Friday, March 14, 2025. The development may spark another price war.
Nigerian National Petroleum Corporation (NNPC)
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