News Update

According to news reports, the supply of petrol from Dangote Refinery to NNPC Limited yesterday as indicated the cost of purchasing the product will be much higher for Nigerians as...

The federal government on the weekend continued its push for increased conversion of vehicles from petrol and diesel to Compressed Natural Gas, CNG, with the supply of 1,200 conversion kits...

Oil marketers have confirmed that they will start lifting Premium Motor Spirit (petrol), from the Dangote Petroleum Refinery next week. Some revealed that they had started sending trucks to the...

The Federal Government is expected to pay about N180.8 billion as electricity subsidy for power consumers from Bands ‘B’ to ‘E’ that have had their tariffs frozen since December 2022....

The Federal Government has finally reached an agreement with the management of Dangote Refinery on the commercial terms for the supply of crude oil to the refinery and the off-taking...

The Central Bank of Nigeria has directed that all Point of Sale operators must route transactions through licensed payment terminal service aggregators. A circular posted on the CBN’s website on...

At least 414,000 people have been displaced and another 30 killed by the devastating flood in Maiduguri, the Borno State capital on Tuesday, 10 September. National Emergency Management Agency said...

Chairman and chief executive of the Dangote Group, Aliko Dangote has said the price of petrol from his refinery would be determined by the Federal Executive Council (FEC}. He said...

Nigeria’s power generation rose to a three-year high of 5,313 MW on Monday, 02 September according to the Federal Ministry of Power. This is contained in a statement issued by...

The Federal government has rubbished reports on social media suggesting that the Ministry of Petroleum has ordered NNPCL to sell fuel at N1000, above the approved pump price. A report,...