Tuesday, 3rd December 2024
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Oil marketers

Abbas, the Director of Registration, Exchanges, and Market Infrastructure Department at SEC, revealed this while giving evidence before Justice Emeka Nwite in the trial of Binance and two of its officials on charges related to money laundering
4 Nov
Last week, the President of Dangote Group and owner of Dangote Refinery Limited (DRL), Aliko Dangote, again begged petrol marketers
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has warned the public, saying that they are not selling employment slots
17 Sep
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has blamed the Nigerian National Petroleum Company Limited (NNPCL),  saying it doesn’t make sense for it to sell petrol lifted from the Dangote Refinery higher than imported ones. John Kekeocha, IPMAN National Welfare Officer, on Monday, said, “If NNPC can sell Dangote products higher than the imported…
4 Sep
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has expressed great excitement over the commencement of premium motor spirit (PMS) production by Dangote Refinery. The refinery, which is set to revolutionise Nigeria's petroleum industry, began producing petrol this week. Aliko Dangote, the Executive Chairman and CEO of Dangote Refinery, announced at a press…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says there is no full licence for Dangote Refinery yet
26 Jul
In the wake of growing tensions within Nigeria's oil sector, local oil traders and marketers are calling on Dangote Refinery to implement a more equitable business model that ensures a level playing field for all market participants. This plea comes amid accusations of market monopoly and preferential treatment for foreign buyers. READ MORE: Senate wades…
10 Jun
A group of oil marketers has disclosed why the price of a litre of fuel cannot drop to as low as N300 in Nigeria. The Major Energy Marketers Association of Nigeria (MEMAN) made this disclosure in a statement where they also denied reports that the local refining of crude oil could lead to fuel selling…
1 May
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to shut down all their marketing outlets nationwide over more than N200 billion in debts owed to them by the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) from 2022.

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Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said that 90 per cent of Nigerians support the tax reform bills currently before the National Assembly. Taiwo, who stated this on Monday at a special town hall on the tax reform bills on Channels TV, said his team conducted a…
5 mins ago
The Department of State Service (DSS) has challenged a popular civil society organization, the Socio-Economic Rights and Accountability Project (SERAP), to implement what it preaches to society. DSS aggrieved staff, who are pressing legal charges against SERAP, used an adage that "it is easier to criticize than to do the right thing" to validate what…
1 hour ago
Tragedy struck Akankan, Ede North Local Council of Osun State, in the early hours of yesterday when a fire claimed the lives of a Nigeria Customs officer, Tijani Kabiru, his wife, and four of their children.
1 hour ago
Troops of 6 Division, Nigerian Army, in collaboration with other security agencies, have dismantled several illegal oil bunkering networks in the Niger Delta region in a week-long operation conducted between November 25 and December 1, 2024.
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The Edo State Chapter of the All Progressives Congress (APC) has carpeted the Peoples Democratic Party (PDP) for criticising the current administration of Governor Monday Okpebholo, saying the party lacked today’s governance realities.
1 hour ago
Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of an estate located in the Federal Capital Territory (FCT).
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A huwan rights lawyer, Dele Farotimi, yesterday, alleged that some group of elite and well-to-do Nigerians have colluded with the security agencies and some legal experts to deplore state resources not only against his fundamental human rights but also against his associates and those around him.
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The Rivers State Police Command has dismantled a child trafficking syndicate and arrested a suspect, Esther Anthony, while rescuing four children during a raid in Port Harcourt.
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The Kwara State Command of the Nigeria Security and Civil Defence Corps (NSCDC) yesterday rescued a 19-year-old undergraduate of Kogi State University, Ayungba, who was reportedly abducted by ritualists.
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Business activities in the country fell for the fifth consecutive month in November as inflationary pressures remained elevated, the latest monthly Purchasing Managers Index (PMI) by Stanbic IBTC Bank has shown.