By Modupe Gbadeyanka The sum of N348 billion was on Wednesday approved by the Senate for the payment of outstanding oil subsidy claims to 74 petroleum...
By Dipo Olowookere Oil marketers in Nigeria under the aegis of Depot and Petroleum Products Marketers Association (DAPPMA) have been accused of owing Federal Government the...
By Dipo Olowookere Nigerian National Petroleum Corporation (NNPC) has been accused of not being truthful to Nigerians on the main cause of the present shortage of...
By FBNQuest Research The National Bureau of Statistics (NBS) has released its latest premium motor spirit (PMS) price watch report. It shows the average monthly price...
By Guardian Except the Federal Government pays all petroleum subsidy arrears of over $2 billion (N720 billion) owed oil marketers, many employees in the downstream sector...
By Modupe Gbadeyanka Central Bank of Nigeria (CBN) on Tuesday announced that oil marketers paying port charges to the Nigerian Ports Authority (NPA) and other agencies...
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has released foreign exchange to marketers to import into the country Automated Gas Oil (AGO), commonly called...
By Modupe Gbadeyanka The reason behind the Central Bank of Nigeria (CBN)’s inability to meet foreign exchange demand of oil marketers in the country has been...
By Modupe Gbadeyanka The Depot and Petroleum Products Marketers Association (DAPPMA) has commended the Nigerian National Petroleum Corporation (NNPC) for ensuring a hitch-free supply of petroleum...
The Nigerian government has placed orders for the massive importation of kerosene into the country, Punch reports. This is in a bid to check the arbitrary...
