FG reduces fuel price to N162.44 per litre
The Federal Government on Tuesday, December 8, announced a reduction in the pump price of petrol from N168 to N162.44 per litre.
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Be proud we are importing oil from Niger Republic- FG tells Nigerians
The Minister of State for Petroleum Resources, Timipre Sylva, says Nigerians should be proud that the Federal government is importing refined petrol from neighboring...
Nigerian Government signs MoU to import fuel from Niger Republic
The Nigerian government, through the ministry of petroleum resources, has signed a memorandum of understanding with the government of Niger Republic for petroleum products...
”There is a limit to what the citizens can tolerate” NLC rejects increase in...
The Nigeria Labour Congress (NLC) has rejected the recent increase in the pump price of petrol across the country.
Recall that last...
VIDEO| FG links recent petrol price hike to Pfizer’s COVID-19 breakthrough
The Minister of State for Petroleum Resources, Timipre Sylva, has attributed the recent increase in the pump price of Premium Motor Spirit (PMS), also...
PETROL PRICE: ‘Comparing Nigeria with Saudi Arabia is ridiculous’ – Trade Union Congress tells...
The Trade Union Congress of Nigeria (TUC) has condemned President Muhammadu Buhari's comparison between Nigeria and Saudi Arabia in his Independence Day address.
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“Soku oil well belongs to Rivers and not Bayelsa” – Gov Nyesom Wike tackles...
Governor Nyesom Wike of Rivers state has advocated a new revenue sharing formula that will make the state get more money for development.
This is...
Members of a cabal were enriching themselves with susbidy payments – NNPC GMD, Mele...
Mele Kyari, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) has alleged that members of a cabal were enriching themselves with susbidy...
Niger now exports fuel to Nigeria
Niger Republic, a country that started commercial oil production in 2011, now exports petroleum products to Nigeria.
For decades, Nigeria’s three major...
FG begins full deregulation, stops price bands for sale of petrol
The downstream arm of the oil and gas sector has now been fully deregulated by the federal government, and guiding price bands for the...
BREAKING! FG gives marketers go-ahead to fix petrol price, begins full deregulation
The Federal Government has given oil marketers freedom to fix petrol price and also source for petrol as it begins full deregulation of the...
I warned Nigerians – Fayose reacts as petrol price rises to N151.56 per litre
Former Governor of Ekiti State, Ayodele Fayose has reacted to the increment of fuel price which has been confirmed in an internal memo issued...
Obaseki’s reforms: Edo refinery applies to NNPC for crude supply
The Edo Modular Refinery being developed by Edo Refinery and Petrochemical Company Limited (ERPC) with support from the Edo State Government has applied to...
PHOTO| Nigerian oil mogul, Abdulrahman Bashir, denies being jailed in the UK
Abdulrahman Bashir, the Chief Executive Officer of Rahamaniyya Oil and Gas Limited, has denied reports of being jailed in the United Kingdom.
Premiumtimes...
Nigerian oil mogul, Abdulrahman Bashir jailed in UK
Abdulrahman Bashir, the Chief Executive Officer of Rahamaniyya Oil and Gas Limited has been jailed in the United Kingdom.
Justice Butcher...
Delta state government pleads with Ijaw, Itsekiri communities over threats to shut down oil...
The Delta state government has waded into threats by Ijaw and Itsekiri communities in the state over threats to shut down oil facilities in...
FG increases petrol pump price to N143.80
The Petroleum Products Pricing Regulatory Agency has announced a new price band of N140.80 to N143.80 per litre for Premium Motor Spirit, also known...
US oil prices crash below $0 a barrel for the first time in history...
Oil price took a negative dive in the late hours of Monday April 20, as it plunged further to below $0 a barrel for...
International Demand for Nigeria’s oil drops by 6.8m barrels- NNPC reveals
The Nigerian National Petroleum Corporation has revealed that international demand for the country's crude oil dropped by 6.8m barrels in March due to the...