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Chinedu Ukadike, spokesperson for the Independent Petroleum Marketers Association of Nigeria, predicts that petrol prices may indeed fall to N800 per litre. The landing cost of...
Marketers Abandon NNPCL As Price War With Dangote Heats Up Many filling stations in Lagos are rebranding to maximize profits from lower prices. Experts predict intensified...
The Nigerian downstream petroleum sector is witnessing heightened competition as the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery have both slashed the ex-depot price...
Dangote Industries Limited President, Aliko Dangote, has applauded President Bola Tinubu’s naira for crude swap deal, citing its positive impact on Nigeria’s economy and the subsequent...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called for a reduction in petrol prices, urging the Dangote Refinery to lower its ex-depot price from...
In a stark contrast, Nigerians are paying higher petrol prices than residents of Metro Atlanta, USA, despite Nigeria’s status as an oil-rich nation. While petrol in...
The cost of landing Premium Motor Spirit (PMS), or petrol, in Nigeria has dropped by 20.34% over the last three months, now at ₦971.57 per litre,...
The Nigeria Labour Congress (NLC) has accused petrol marketers of artificially inflating petrol prices, claiming that pump rates are significantly above the product’s fair market value,...
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has accused Dangote Refinery of trying to stifle competition in the downstream sector. This allegation follows...
The Minister of Power, Adebayo Adelabu, has stated that many Nigerians have stopped complaining about the high cost of petrol because they are no longer solely...