Petroleum

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Femi Adesina: Flying on Wings of Gas
Femi Adesina: Flying on Wings of Gas

Femi Adesina: Flying on Wings of Gas

By the time we remove hatred, malice, indecent politics, and all the ills that plague our country and its leaderships across different governments, President Muhammadu Buhari would go down in history as the one that pioneered different kinds of revolution in our national life: agriculture,... read more »

No Petrol Price Hike until after Labour Deliberation
No Petrol Price Hike until after Labour ...

No Petrol Price Hike until after Labour Deliberation – NNPC

The Nigerian National Petroleum Corporation (NNPC) has announced that there will be no hike in the current ex-depot price of Premium Motor Spirit (petrol) until the conclusion of ongoing engagement with organised labour and other stakeholders. The Group General Manager, Group Public Affairs... read more »

Long Petrol Queues, Hiked Transport Fare Rock Awka as Petrol Price Increases
Long Petrol Queues, Hiked Transport Fare...

Long Petrol Queues, Hiked Transport Fare Rock Awka as Petrol Price Increase...

Petrol users in Awka have resorted to buying from few filling stations, including the NNPC Mega Station, after the price of the product rose yesterday’s morning from one hundred and seventy-five naira to two hundred and twelve naira per litre. Consumers trooped to the major, and only... read more »

PPPRA Deletes Template Announcing N212/Per Litre Petrol Price
PPPRA Deletes Template Announcing N212/P...

PPPRA Deletes Template Announcing N212/Per Litre Petrol Price

The Petroleum Products Pricing Regulatory Agency, PPPRA, has deleted an earlier published template announcing an increase in the retail price of petrol The PPPRA had published a new template on Thursday night that showed an increase in the pump price of petrol from N186 to N212 per litre. According... read more »

Naira Dips to 410/$ at Official Market – Emefiele
Naira Dips to 410/$ at Official Market –...

Naira Dips to 410/$ at Official Market – Emefiele

Mr Godwin Emefiele, Governor of the Central Bank of Nigeria has said that the naira has suffered a dip in value to 410 against the dollar at the official market. The apex bank boss disclosed this while speaking at a summit on the economy by Bank CEOs on Friday. He said the depreciation was... read more »

More from Petroleum

Atiku Supports Privatisation of Refineries, Other Govt Assets  

Atiku Supports Privatisation of Refineries, Other Govt Assets  

Atiku Abubakar, former Vice President of Nigeria has lent his voice to the Federal Government’s plan to privatise some of its assets. Among the assets to be privatised are the country’s... read more »

Marketers Hike Petrol to N170

Marketers Hike Petrol to N170

Fuel marketers have commenced increasing their petrol pump prices amid the supply shortfall facing private depots in Apapa, Lagos State. Filling stations in Lagos and Ogun states increased... read more »

PDP Cautions Buhari against Fuel Price Hike

PDP Cautions Buhari against Fuel Price Hike

The main opposition party, the People’s Democratic Party (PDP) has warned President Muhammadu Buhari administration against the further increase of fuel price. According to the opposition... read more »

TUC Tackles Sylva Over Impending Fuel Price Hike

TUC Tackles Sylva Over Impending Fuel Price Hike

The Trade Union Congress, TUC, has faulted the Minister of State for Petroleum Resources, Chief Timipre Sylva, over his comment that Nigerians should get ready for the pain associated with... read more »

Algeria Crude Oil Output Slumped in 2020

Algeria Crude Oil Output Slumped in 2020

Algeria’s oil revenue tumbled in 2020, worsening an economic crisis in the North African country which is highly dependent on crude income, according to data released by the Energy ministry on... read more »