Friday, 9th December 2022
Breaking News:


17 Sep 2020
The Nigeria LP Gas Association (NLPGA), has asked its members and operators to ignore the directive of the Petroleum Products Pricing Regulatory Agency (PPPRA), on the levy and administrative fee imposed on Liquefied Petroleum Gas
2 Sep 2020
The Nigeria LP Gas Association (NLPGA), has kicked against plans by the Petroleum Products Pricing Regulatory Agency (PPPRA), to impose an administrative fee on liquefied petroleum gas (LPG) also known as cooking gas in the nation.
5 Aug 2020
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members to sell petrol at the old rate of N143 per litre, pending the new directive...
7 Jun 2020
Though the Federal Government backed its determination to exit payment of subsidy on Premium Motor Spirit (PMS) with a regulation...
5 Jun 2020
The Petroleum Products Pricing Regulatory Agency (PPPRA) has removed the cap on the price of Premium Motor Spirit (PMS) also known as petrol.
3 Jun 2020
The Federal Government in a letter dated 31st of May reduced pump price of petrol within the price range of N121.50 and N123.50, a move the marketers described as reportedly taken without due consultation with most of them.
26 May 2020
With over N10.7 trillion spent on subsidising petrol between 2006 and 2019, the move by the federal government to exit subsidy and deregulate the downstream sub-sector will create a win-win situation...
22 May 2020
Operators in the downstream sector of the oil and gas sector have asked the Federal Government to unveil a pricing formula that will guide the monthly adjustments in the pump price of premium motor spirit (PMS) other wise known as petrol in order to avoid dislocations at the retail end of the value-chain.
19 May 2020
If the Federal Government’s pricing template is anything to go by, Nigerians may have to brace for an increase in the pump price of fuel as oil prices begin to head towards the $40 region, following countries’ eased lockdown measures, showing signs of gradual recovery...
10 May 2020
In the shut run, yes price will continue to fall until it begins to rise when inventory is depleted or nearly so. But that depends on whether OPEC+ reduces production dramatically.
8 May 2020
Though the Nigerian National Petroleum Corporation (NNPC) yesterday reduced ex-depot price of petrol from N113.28k per litre to N108.00k per litre across its products loading facilities...
7 May 2020
Though the Petroleum Products Pricing Regulatory Agency’s (PPPRA) is officially empowered to regulate the price of petroleum prices in the Nigerian National Petroleum Corporation (NNPC) yesterday took over the role by reducing the pump price of the Premium Motor Spirit otherwise called petrol from N113.28k per litre to N108.00K per litre across all its products loading facilities as well as in its through put operations.


3 mins ago
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4 mins ago
Operatives of the Police Rapid Response Squad (RRS) have arrested two suspected armed robbers who allegedly attack pedestrians at the Ketu bridge on the Lagos-Ibadan Expressway.
26 mins ago
The European Union is to add 2 billion euros ($2.1 billion) to a fund used to help arm Ukraine, as paying for weapon deliveries has drained the coffers, European diplomats said Friday.
1 hour ago
Portugal coach Fernando Santos admitted on Friday that Cristiano Ronaldo had been unhappy to be dropped to the bench as he pleaded for a line to be drawn under the affair.
1 hour ago
Ten workers were killed in Indonesia after an explosion in a coal mine caused a collapse, a rescue agency official said Friday.