Petrol hits N1,230 amid Dangote dollar sales, US-Iran renewed conflict
Fuel prices have continued to rise across filling stations nationwide following the decision by the Dangote Petroleum Refinery to sell…
Nigeria’s petrol imports rose to 207% in June, says NMDPRA
Nigeria’s petrol imports surged by 207 per cent in June 2026, reversing earlier gains recorded in domestic refining as local…
Inflation risks persist despite Nigeria’s rising output, says OPEC
Despite improved crude oil production, stronger government revenues and ongoing economic reforms, the Organisation of the Petroleum Exporting Countries (OPEC)…
N210 trillion is not missing in NNPC accounts, says ex-NAPIMS GM
Bala Wunti, former group general manager (GGM) of the National Petroleum Investment Management Services (NAPIMS), says there is no evidence…
Importers set to increase depot petrol price to N1,350 per litre
Fuel importers are set to increase the depot price of petrol from N1,230 per litre to N1,350. Industry sources said…
Petrol marketers demand revival of refineries amidst Dangote dollar sales
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on the Federal Government to urgently revive the…
Oil price reverses gains, falls 0.8% despite escalating US-Iran hostilities
Global oil prices eased by 0.82 per cent to $84.24 per barrel on Wednesday as investors took profits after the…
CBN’s OMO sales surge to N36.3trn in H1 2026
The Central Bank of Nigeria (CBN) ramped up its Open Market Operations (OMO) sales to N18.79 trillion in the first…
Marketers condemn sourcing of dollars for Dangote petrol
With one voice, marketers under different umbrellas of Petroleum products marketers yesterday cried out over the Dangote Petroleum Refinery introduction…
Oil hits one-month high of $86.79 as US-Iran conflict escalates
Global crude oil prices climbed sharply on Tuesday, hitting their highest level in a month after fresh military hostilities between…