Energy

In spite of the drop in crude oil prices to $100 per barrel from $130 per barrel, oil marketers have continued to sell Premium Motor Spirit, PMS, also known as petrol at N1,300 per litre and above across the country. Crude oil prices…
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Nigerians and Petroleum marketers are bracing for another round of price increases after the Dangote Petroleum Refinery announced a fresh hike in the price of Premium Motor Spirit (petrol), citing escalating global geopolitical tensions.…
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Consumers will get relief from the rapid ​increases in fuel prices at the pumps in a month or ‌two, John Catsimatidis, the billionaire owner of a Pennsylvania refinery and New York supermarket chains, told Reuters in an interview. His…
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The Federal Government, through the Nigerian National Petroleum Company Limited (NNPCL), has begun moves to secure crude oil supply for the Dangote Petroleum Refinery through third-party international traders in a bid to sustain domestic…
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The Dangote Petroleum Refinery has increased its Premium Motor Spirit gantry price to N995 per litre, marking a sharp N221 rise within four days, amid volatility in global crude oil prices and shipping costs. A senior official of the…
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The Junior Chamber International, JCI Ibadan Elite has taken a bold step towards a greener future with the launch of its Go-Green Eco-Gardening Initiative. The initiative which was part of JCI Ibadan Elite's "Deepening Roots, Elevating…
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The Federal Government has moved to end the practice of carrying electricity subsidy costs alone, announcing a framework that will spread the burden across federal, state, and local governments from 2026. The Director-General of the…
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The Federal Government has banned electricity distribution companies and installers from collecting any form of payment for meters, warning that DisCo officials and installers found extorting customers will be prosecuted. The Minister of…
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Community leaders from Kajola and Iwajowa Local Government Areas of Oyo State have openly applauded President Bola Ahmed Tinubu, GCFR, for once again demonstrating decisive and people-oriented leadership with the successful completion of…
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The Dangote Petroleum Refinery has again reduced its petrol gantry price, slashing the ex-depot rate from N828 to N699 per litre. Real-time market data published on Petroleumprice.ng on Friday showed that the refinery implemented another…
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