The Minister of State for Petroleum, Timipre Sylva, has justified clamour for an increase in the pump price of fuel, saying that there are countries that...
Godwin Emefiele, the Central Bank of Nigeria’s governor, had said the official foreign exchange receipt from crude oil sales into Nigeria’s official reserves has depleted from...
As fuel scarcity bites harder in some parts of Nigeria, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that it is no longer possible...
The House of Representatives has alleged that more than $10 billion worth of the nation’s crude has been stolen via fraudulent fuel subsidy claims by the...
The federal government says the fixed pump price of petrol remains N165 per litre as stipulated in the petroleum product pricing template. The government also advised...
No fewer than 100 people have died after an illegal refinery exploded at Abaezi Forest in the Ohaji-Egbema Local Government Area of Imo State The area...
The Major Oil Marketers Association of Nigeria (MOMAN) says the adulterated petrol withdrawn from circulation weeks ago has been remediated. MOMAN’s Executive Secretary, Clement Isong, on...
Mele Kyari, the ground managing director of the Nigerian National Petroleum Company (NNPC), has urged motorists to avoid panic buying of the premium motor spirit (petrol),...
The Federal government says the hardship being suffered due to scarcity of Premium Motor Spirit (PMS) was regrettable but called for patience in finding lasting solutions...
It has come to the knowledge of MRS Oil Nigeria Plc that ‘MRS’ has been quoted, used speculatively on various social media platforms and in other...
The Federal Government has agreed to slash the pump price of Premium Motor Spirit (PMS), known as petrol, by N5 from Monday next week. Sen. Chris...
The federal government has again, increased the ex-depot price of Premium Motor Spirit, also known as petrol, to N155.17 per litre from N147.67 per litre. This...
No fewer than seven people have died following an explosion that rocked the Oil Mining Lease 40 operated by the Nigerian Petroleum Development Company (NNPC) The...
The Petroleum Products Pricing Regulatory Agency has reduced the price of Premium Motor Spirit to the band of N121.50 to N123.50 per litre. The PPPRA made...
The immediate past Group Managing Director of Nigerian National Petroleum Corporation, (NNPC), Maikanti Baru is dead. This was made known by the present GMD of the...
The Central Bank of Nigeria and the Nigerian National Petroleum Corporation (NNPC) have agreed to fund the quarantine and feeding of over 3,000 Nigerians awaiting evacuation...
Mr Mele Kyari, Group Managing Director of Nigerian National Petroleum Cooperation (NNPC) says the Federal Government has made payment of over N200 billion to the power...
The Nigerian National Petroleum Corporation (NNPC) says it would no longer be involved in managing the refineries after the rehabilitation exercise. Mele Kyari, the corporation’s group...
The Nigerian National Petroleum Corporation (NNPC) has said that there would be no more subsidy on the pump price of petrol. This is just as the...
Nigerian National Petroleum Corporation (NNPC) has urged Nigerians not to engage in panic buying of Premium Motor Spirit (PMS), popularly known as fuel, as the country...