Yesterday, the Naira depreciated in the parallel market, falling to N1,600 per dollar from N1,590 per dollar over the weekend.
In contrast, the Naira appreciated...
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,...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reported that its members are facing a shortage of Premium Motor Spirit (PMS), also known...
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...
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 have attributed the current scarcity of Premium Motor Spirit (PMS), commonly known as petrol, to ongoing logistics challenges.
Billy Gillis-Harry, President of the...
