Category: Oil and Gas

Dangote refinery raises petrol price to N1,175/litre as crude spikes

March 13, 2026

The Dangote Petrochemical Refinery has raised the ex-depot price of Premium Motor Spirit to N1,175 per litre, reversing an earlier reduction of N100 announced earlier in the week, as a fresh surge in global crude oil prices pushes up refining costs. A senior official who spoke with our correspondent anonymously because he was not authorised […]

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Dangote now supplies 92% of petrol as FG pauses imports

March 11, 2026

The Dangote Petroleum Refinery accounted for about 92 per cent of Nigeria’s daily petrol supply in February, as the Federal...

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Tinubu directs PiCNG to disburse N100,000 CNG kits to cushion petrol price hike effects

March 11, 2026

President Bola Tinubu has directed the immediate distribution of about 100,000 compressed natural gas (CNG) conversion kits nationwide to cushion...

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M-East war: Hardship deepens with petrol selling at N1,300 per litre

March 10, 2026

Nigerians have been exposed to more hardship as oil marketers yesterday increased the price of Premium Motor Spirit, PMS, also known...

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Fuel crisis: Osun residents express concern as petrol price rises to N1,080

March 8, 2026

Residents of Osun State on Saturday expressed concern as the price of Premium Motor Spirit (PMS), commonly known as petrol, climbed to...

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Dangote refinery increases ex-gantry petrol price by N100 to N874/litre

March 3, 2026

The Dangote Petroleum Refinery has increased its ex-gantry petrol price to N874 per litre. According to sources at the plant,...

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Fuel price to drop nationwide as imported petrol price undercuts Dangote Refinery’s rate

February 10, 2026

Petroleum products marketers have hinted that fuel prices may drop nationwide in the coming days as the parity between imported...

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Dangote raised petrol supply to 960m litres in December – NMDPRA 

January 16, 2026

Fuel availability and stock levels improved in December 2025, with the supply of petrol rising to 74.2 million litres per...

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Dangote assures Nigerians of price stability, listing of refinery stocks

January 15, 2026

Dangote Refinery has achieved 50 million litres of Premium Motor Spirit (PMS), also known as petrol, daily, supported by a...

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IPMAN Rejects Fuel Imports as Dangote Refinery Denies Supply Disruption Claims

January 10, 2026

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has expressed opposition to the continued importation of Premium Motor Spirit (PMS)...

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Aliko Dangote withdraws petition before ICPC against Ahmed

January 8, 2026

Africa’s foremost businessman, Alhaji Aliko Dangote, has withdrawn his petition to the Independent Corrupt Practices and Other Related Offences Commission (ICPC)...

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NNPC announces restoration of Escravos-Lagos pipeline

December 31, 2025

The Nigerian National Petroleum Company Limited (NNPCL) has announced the complete restoration of the Escravos-Lagos Pipeline System (ELPS) in Warri, Delta State,...

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Dangote unveils 10-day credit facility for petrol station owners

December 30, 2025

The Dangote Group has announced a 10-day credit facility backed by a bank guarantee for petrol station owners and dealers,...

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FG writes off $1.42bn, N5.57tn NNPC debt

December 29, 2025

President Bola Tinubu has approved the cancellation of a substantial portion of the debts owed by the Nigerian National Petroleum...

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Mohammed takes over as NMDPRA chief

December 23, 2025

The Nigerian Midstream and Downstream Petroleum Regulatory Authority on Tuesday completed a leadership transition as its outgoing Authority Chief Executive,...

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Stop buying petrol above N739/litre, Dangote tells Nigerians

December 23, 2025

Dangote Petroleum Refinery has announced the launch of a dedicated hotline for Nigerians to report any MRS Oil Nigeria Plc...

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Dangote Refinery Urges Nigerians to Report MRS Stations Selling Petrol Above ₦739/Litre

December 22, 2025

Dangote Petroleum Refinery has called on Nigerians to report any MRS Oil Nigeria Plc filling station selling Premium Motor Spirit...

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Over 2,000 Trucks Daily: Dangote Refinery Sets Record Petrol Loading as Private Depots Empty Out

December 21, 2025

Dangote Petroleum Refinery has shattered records by loading more than 2,000 trucks of petrol per day, cementing its position as...

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IPMAN eyes refinery ownership, orders members to buy Dangote fuel

December 19, 2025

The Independent Petroleum Marketers Association of Nigeria has disclosed plans to venture into refinery ownership, subject to regulatory approval, as...

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NMDPRA’s Farouk Ahmed, NUPRC’s Komolafe resign as Tinubu nominates successors

December 18, 2025

THE embattled Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority NMDPRA Engr. Farouk Ahmed and his counterpart...

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BREAKING NEWS!!! NMDPRA MD Farouk Ahmed Resigns Amid Corruption Allegations

December 17, 2025

Farouk Ahmed has resigned as the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) amid corruption...

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Petrol price war turns dirty as Dangote attacks NMDPRA boss

December 15, 2025

The President of the Dangote Group, Alhaji Aliko Dangote, on Sunday alleged that the Chief Executive of the Nigerian Midstream...

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Yuletide: Dangote assures Nigerians of stable fuel supply

December 6, 2025

Chairman of Dangote Group, Aliko Dangote, on Friday said Nigerians will no longer experience fuel queues during the Christmas and...

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15% tariff policy didn’t influence petrol price drop — Dangote Refinery

November 17, 2025

Dangote Petroleum Refinery has dismissed claims that the recent fall in petrol pump prices was triggered by the Federal Government’s...

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FG suspends 15% import duty on petrol and diesel

November 13, 2025

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has stated that the proposed implementation of the 15 per cent of...

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FG open to refinery sale if partners emerge – Official

November 6, 2025

The Federal Government has expressed readiness to sell off Nigeria’s state-owned refineries as part of ongoing reforms to attract fresh...

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15% tariff: Nigerians to pay N1tn extra for petrol yearly

November 5, 2025

Nigerians will pay an additional amount of about N1tn (N973.6bn) annually on petrol imports following the Federal Government’s planned introduction...

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Fuel prices will remain stable despite 15% import tariff – Dangote Group

November 3, 2025

The Dangote Group has assured Nigerians that fuel prices will not increase despite the Federal Government’s approval of a 15...

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15% fuel tariff: PETROAN asks NNPC to reopen refineries before Dec

November 1, 2025

The Petroleum Products Retail Outlets Owners Association of Nigeria has urged the Nigerian National Petroleum Company Limited to fast-track the...

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Petrol soars above N1,000/ltr as Tinubu okays 15% import tariff

October 31, 2025

The Petroleum marketers have warned that the pump price of Premium Motor Spirit, popularly called petrol, could exceed N1,000 per...

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