An audit by the Auditor General of the Federation has revealed that two key agencies regulating Nigeria’s petroleum industry failed to account for over ₦313...
Uncertainty looms over the cause of the latest national grid collapse that plunged Nigeria into darkness on Wednesday, marking the 12th such incident in...
Nigeria has officially commenced the sale of crude oil and refined petroleum products in its local currency, the naira. This development marks a major...
The House of Representatives has demanded the suspension of the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) pending a thorough...
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has requested a fresh report to verify the sulphur content in diesel produced...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has firmly rejected a request by billionaire Aliko Dangote to halt fuel imports and direct all oil...
As Nigeria struggles with fuel scarcity, over 9,000 oil marketers are at risk of losing their operating licenses. The Independent Petroleum Marketers Association of Nigeria (IPMAN)...
The Nigerian National Petroleum Company Ltd (NNPC) has said it has over 1 billion litres of safe Premium Motor Spirit (PMS), also known as petrol, in...
It has been revealed that the Nigerian National Petroleum Company (NNPC) may need N201bn worth of clean Premium Motor Spirit (petrol) to bring 170.25 million litres of...