Nigeria spent a staggering ₦930 billion on fuel imports in February 2025, despite increased output from local refineries, raising concerns ...

Nigeria imported Premium Motor Spirit (PMS) also known as petrol worth N3.3 trillion in the last three months of 2024.

Data on the importation of the fuels last month, showed that aside from the N930 billion bill in February, oil marketers licensed by the Nigerian Midstream and Downstream Petroleum Regulatory ...

Nigeria exceeded its OPEC+ oil production quota in February due to increased exports and demand from the Dangote refinery, ...

The Conference of Energy & Finance Consultants (CEFC) has urged Nigeria’s oil regulatory agencies to guarantee a steady crude ...

ShareThe current price war on Premium Motor Spirit (PMS) is beginning to have impact on the importation of the product as ...

Zambia is turning to Nigeria’s Dangote Oil in a bid to secure affordable fuel and ease skyrocketing prices ahead of next year ...

Dangote recently revealed the challenges he encountered constructing the refinery which he described as the biggest risk of ...

OPEC oil output rose in February, a Reuters survey found, as Iranian exports held strong, despite renewed U.S. attempts to ...

Alaje has stated that the ongoing price competition between Dangote Refinery and NNPCL, will significantly reduce the ...

Ptima Energy has become the latest petroleum marketer to source petrol directly from the Dangote Petroleum Refinery.

The retail price of petrol in Nigeria has dropped to 860 naira ($0.57) per litre, as a major local refinery drives down ...