By Adedapo Adesanya The Nigerian Navy has arrested three individuals suspected of attempting to smuggle 20,000 litres of petrol into the Republic of Cameroon as the...
By Adedapo Adesanya The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has put the daily consumption of premium motor spirit (PMS), otherwise known as petrol,...
By Adedapo Adesanya Nigerians saw a 7 per cent month-on-month increase in the average retail price of a litre of petrol and the average price of...
Adedapo Adesanya The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned Nigerians, especially motorists, against panic-buying following reports of a planned hike in the pump...
By Aduragbemi Omiyale The federal government has been advised to ignore the position of the World Bank that premium motor spirit (PMS), popularly known as petrol,...
By Adedapo Adesanya The oil market fell about 4 per cent on Thursday as a bigger-than-expected Bank of England rate hike prompted worries about the global...
By Adedapo Adesanya The removal of fuel subsidy by President Bola Tinubu has brought about a hike in the price of premium motor spirit, otherwise known...
By Adedapo Adesanya The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said operations in depots have fully resumed following the restriction of movements during...
By Adedapo Adesanya Nigerians had to contend with an increase in the prices of energy fuels in the month of November, with the cost of purchasing...
By Adedapo Adesanya The Minister of State for Petroleum Resources, Mr Timipre Sylva, says the federal government is not responsible for the increase in the price...