NNPCL has reduced its petrol pump price for the second time in four days, lowering costs at some Abuja retail outlets amid falling crude oil prices. The Nigerian National Petroleum Company Limited (NNPCL) has announced another reduction…

The Dangote Petroleum Refinery has increased the ex-depot prices of Premium Motor Spirit (PMS), commonly known as petrol, and Automotive Gas Oil (diesel), following a sharp rise in global crude oil prices driven by supply constraints. The…

UMORU ABDULKADIR Diesel, Kerosene and Liquefied Petroleum Gas consumers in the country paid more for the product in the month of December 2019. This was disclosed by the National Bureau of Statistics (NBS) in its latest report on the…

Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel), effective Thursday, August 6. The price cut is part of the refinery’s efforts to provide more…

Nigeria domestic refining recorded significant progress in the first half of 2026, with locally refined petrol accounting for 78.6 per cent of national supply, up from 38.9 per cent in 2025. The sharp increase reflects a major shift from…

The Nigerian Ports Authority (NPA) has announced that 38 vessels carrying petroleum products, food items and other cargoes are expected to berth at Apapa Port, Lekki Deep Sea Port and Tin Can Island Port between July 29 and August 7,…

Nigerian households and businesses continued to face mounting energy costs in May 2026 as the prices of major petroleum products remained significantly above year-earlier levels, reinforcing concerns over inflation, transportation costs and…

The Dangote Petroleum Refinery has dismissed reports suggesting it is preparing to shut down operations for maintenance, insisting that production activities remain stable and uninterrupted. In a statement issued on Monday, the refinery…

The average retail price of diesel in Nigeria skyrocketed by 64.58% year-on-year to N1,406.05/litre in August 2024, up from N854.32/litre in the same month last year. This surge is according to the National Bureau of Statistics' (NBS)…

The average retail price paid by consumers for Premium Motor Spirit (Petrol) for May 2024 was N769.62, indicating a 223.21 per cent increase compared to the value recorded in May 2023 (N238.11). These figures are contained in the latest…