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Naira-for-Crude Suspension: Petrol Price Hike Looms as Talks Drag, Imports Rise
The price of Premium Motor Spirit (petrol) may rise further due to the increase in the landing cost of imported PMS. Also the...
Olaitan Sodiq
PETROAN Commends FG, NNPCL for Successful Revamp of Port Harcourt Refinery
PETROAN has commended the Nigerian government and the NNPCL for successfully running the revamped Port Harcourt Refinery for 180 consecutive days. The refinery,...
Olaitan Sodiq
US Imports Over 2 Million Barrels of Jet Fuel from Dangote Refinery
The United States has imported over two million barrels of aviation fuel from the Dangote refinery in March. The refinery confirmed the importation,...
Olaitan Sodiq
Benin Republic, Togo Owe Nigeria $88.84m in Unpaid Electricity Bills
Benin Republic and Togo owe Nigeria $88.84 million for electricity consumed in the fourth quarter of 2024. The debt was disclosed by the...
Olaitan Sodiq
FG Owes Power Generation Companies N4.7tn, Threatening Nationwide Blackout
FG owes power generation companies (Gencos) N4.7 trillion, posing a significant threat to the nation’s power supply. The debt has led to liquidity...
Olaitan Sodiq
Nigeria Turns to Egypt for Power Generation Expertise, Targets Improved Rural Electrification
FG is set to learn power generation and transmission from Egypt, which has been described as a role model in the sector. The...
Olaitan Sodiq
Petrol Imports Surge as Marketers Dump Dangote Refinery
Nigeria’s petroleum products marketers and retailers have imported 154.22 million litres of premium motor spirit from March 17 to 23, 2025. The importation...
Olaitan Sodiq
Dangote Refinery Suspends Sale of Petrol in Naira
Dangote refinery stops sales of petroleum products in Naira, reverts to dollars. The refinery says untill NNPCL starts crude oil supply in Naira,...
Chisom Chukwu
