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The Central Bank of Nigeria (CBN) has warned that the removal of fuel subsidies, rising import costs, and increased external debt servicing could negatively impact the growth of the nation's external reserves in 2024/2025.  This was…
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The Nigerian National Petroleum Company (NNPC) Limited has disclosed why buying and importing petrol from Dangote Refinery is a challenge for oil marketers. Addressing members of the press on Monday, Executive Vice-President,…
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Contrary to its assurances, the Nigerian National Petroleum Company Limited (NNPC) and independent marketers have continued to import substandard and off-specification Premium Motor Spirit (PMS), also known as petrol, into Nigeria. …
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The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a new petrol pump price, sparking widespread reactions from oil marketers across the country.The Major Oil Marketers Association of Nigeria (MOMAN), Independent…
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I am not sure what to make of the news that there is finally an agreement in place which will see NNPC starting to load petrol from the Dangote Refinery from 15th September, which it will then push on to marketers for onward…
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CBN Headquarters Nigeria’s external reserves recorded an increase of $424.68 million between August 30 and September 10, highlighting an improved financial outlook for the country. Data sourced from a report by the Central Bank of…
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A former Chairman of the Society of Petroleum Engineers (SPE), Nigeria Council, Mr. Joe Uwakwe, has raised the alarm that cross-border smuggling of petrol was hurting the economy. Uwakwe disclosed this at a webinar organised…
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The Nigerian National Petroleum Company, NNPC Ltd has released estimated prices of Premium Motor Spirit (PMS), also known as Petrol (obtained from the Dangote Refinery) in its retail stations across the country. This was contained…
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Dangote Refinery and Petrochemical Company and the Nigerian National Petroleum Company (NNPC) Limited on Sunday engaged in a war of words over the actual price of the petrol from the 650,000 barrel per day refinery of Aliko Dangote. …
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Earlier this week, TopNaija spotlighted the groundbreaking expansion of the Permian Basin's pipeline network, a significantt poised to reshape the global energy landscape. As the ripple effects of this expansion begin to unfold, we…
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