LCCI proposes 15-20% petrol price cut within six months
The Lagos Chamber of Commerce and Industry has proposed a six-month petrol price reduction programme aimed at cutting pump prices by 15…
Oil and Gas
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Don’t hurry to build Lamu refinery, Kenyan presidential candidate tells Dangote
Kenyan presidential candidate Patrick Osoi has advised Nigerian billionaire Aliko Dangote against rushing the proposed refinery project in Kenya. He declared that…
Oil discovery triggers land dispute in Okpe-Isoko community, Delta
A dispute has erupted in Okpe-Isoko community in Delta State following the discovery of crude oil, as the Adhakpor family has repudiated…
Diesel depot price hit ₦1,900/litre in P’Harcourt, Warri, Calabar
Diesel depot prices have surged across Lagos, Port Harcourt, Warri and Calabar on Friday, with several marketers in Port Harcourt raising their…
NNPC petrol discount available only via mobile app — Report
Motorists who want to benefit from the Federal Government’s ₦66-per-litre petrol discount must download the Nigerian National Petroleum Company Limited’s mobile application…
Dangote Refinery supplied 50m litres of petrol daily in H1 — Report
The Dangote Petroleum Refinery supplied about 50 million litres of petrol daily to Nigeria’s domestic market in the first half of 2026,…
NNPC petrol discount is not return to subsidy — Oyedele
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has explained what the 30-day petrol discount introduced by the Nigerian…
NUPRC announces 2026 licensing round offering 40 oil blocks
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission has announced the 2026 oil licensing round, offering 40 blocks across land,…
PH refinery workers protest seven months’ unpaid salaries, threaten shutdown
Support Staff Union members of the Port Harcourt Refining Company have staged a protest over seven months of unpaid salaries and the…
My friend got oil block without connection — Shettima
Vice President Kashim Shettima has said oil blocks in Nigeria are now allocated through open and competitive processes, adding that a friend…
Petrol, diesel prices surge 86% in 2026 — Report
The average prices of petrol and diesel in Nigeria have climbed by 86 per cent so far in 2026, with both products…
Dangote Refinery stops petrol sales to marketers who import fuel
The Dangote Petroleum Refinery has ended the supply of Premium Motor Spirit, commonly called petrol, to major marketers who import petroleum products…