Business

Why We Sell Fuel Lower Price Than Landing Cost – NNPCL Speaks Amid Reports Of Paying Subsidy

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced that it has not disbursed any fuel subsidies in the past nine months. Umar Ajiya,...

BREAKING: IPMAN Gives Troubling Update Amid Fuel Scacity

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reported that its members are facing a shortage of Premium Motor Spirit (PMS), also known...

BREAKING: FG Announce Date To Begin Naira Crude Oil Sale To Dangote, Others Local Refineries

The Federal Government has announced that crude oil sales to Dangote Refinery and other local refineries will begin on October 1, 2024. This was disclosed...

BREAKING: NNPCL Makes Declaration Of Profit For 2023

On Monday, August 19, the Nigerian National Petroleum Company Limited (NNPCL) announced a profit of N3.29 trillion for the 2023 financial year. Umar Ajiya, the...

Oil Marketers Speak As Fuel Scarcity Worsens

Oil marketers have attributed the current scarcity of Premium Motor Spirit (PMS), commonly known as petrol, to ongoing logistics challenges. Billy Gillis-Harry, President of the...

BREAKING: Tinubu Takes Fresh Action On Fuel Subsidy

President Bola Tinubu has authorized the Nigerian National Petroleum Company (NNPC) Limited to utilize the 2023 final dividends due to the federation to finance...
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