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Oil and Gas

Fuel scarcity: NUPENG to sanction marketers selling above N165 price band

WORRIED that some marketers sell the premium motor spirit (PMS) above N165, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has promised...

Again, NNPC promises fuel availability after failing to fulfil earlier pledges

THE Nigerian National Petroleum Corporation (NNPC) has, once again, promised that the premium motor spirit (fuel) will be available in sufficient quantity within the...

Updated: No sunny side for Nigeria as oil price tops $105 on Russia’s invasion of Ukraine

BRENT crude price hit $103 per barrel on Thursday after President Vladimir Putin ordered Russian troops into Ukraine, The ICIR's checks have shown.
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NNPC’s trans-shipment charges could lead to fuel price hike – Marketers

THERE are indications that the trans-shipment cost and other logistic charges recently introduced by the Nigeria National Petroleum Company Limited (NNPC) may lead to...

Importers of contaminated fuel to be sanctioned – Reps

CHAIRMAN of the House of Representatives Committee on Petroleum (Downstream) Abdullahi Mahmud Gaya has assured Nigerians that the companies that imported contaminated fuel into...

Nigerians groan over fuel scarcity as Buhari sends N2.557 trillion supplementary budget to NASS for subsidy

NIGERIA'S major cities, Lagos and Abuja, are currently groaning under fuel scarcity as a result of the importation of contaminated fuel by the Nigerian...
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Contaminated fuel: Emadeb accuses NNPC of misrepresenting facts

EMADEB has accused the Nigerian National Petroleum Company Limited (NNPC) of misrepresentation of facts concerning the importation of contaminated fuel into the country. In a...

Contaminated fuel: NNPC exonerates self, indicts MRS, Emadeb, Oando, Duke Oil

DESPITE being the sole importer of petroleum products the Nigerian National Petroleum Company (NNPC) has exonerated itself and indicted four notable energy companies for...

How contaminated fuel got into Nigeria through poor checks

NIGERIANS have been inundated with the news of contaminated fuel in circulation since last week across the country, as poor regulatory checks have been...
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Here are ways redesigning the naira notes will affect you

THE Central Bank of Nigeria's (CBN) redesigning of select...