MSM Group chairman has revealed that his company discovered a large oil reserve worth $15bn and that the NNPC Limited was not even aware of its existence.
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- FG, marketers' deadlock stalls Dangote Refinery’s fuel distribution plan
- Petrol price hike looms as global crude hits $70, depots adjust Nigeria rates
- Fuel Distribution: Dangote receives 1,000 trucks, set to begin direct supply from South-West
- Kerosene price in Nigeria ranked 12th cheapest worldwide
- Nigeria’s oil output hits 12-month High at 1.71m bpd, boosting naira and reserves
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Minister tells Nigerians to prepare to pay higher electricity tariff, gives reasons
Minister of Power, Adebayo Adelabu, has announced plans by the Federal Government to stop the payment of electricity subsidies, which could lead to higher tariffs
Nigerian immigration flags passports of NNPC officials in $3 billion fraud Investigation
The Nigerian Immigration Service stepped up its monitoring over the weekend of contractors and former officials of the Nigerian National Petroleum Company Limited.
Dangote raises fresh concerns as 6 fuel stations crash pump prices below NNPC’s rate
Aliko Dangote has shared the challenges his 650,000 barrels-per-day refinery located in Lekki, Lagos is facing and has vowed to continue fighting.
Mele Kyari opens u as N80 billion is allegedly found in ex-refinery MD’s bank accounts
The Economic and Financial Crimes Commission (EFCC) has reportedly arrested former officials and managing directors of Nigeria's three refineries.
NNPC: Experts finally speak on arrest, mismanagement of more than $2.9 billion for refinery construction
In order to prevent a repetition, energy and economic experts have called for a comprehensive inquiry, swift prosecution of those at fault, and significant reforms.
MRS, Heyden, other Dangote refinery partner stations reduce petrol prices again to rival NNPC outlets
Following the reductions in petrol prices by the Nigerian National Petroleum Company Limited (NNPC), Dangote Refinery's partners have lowered prices again.
Marketers explain reason for the fall in cooking gas prices as 1kg sells below N1,100
According to the Independent Petroleum Marketers Association of Nigeria (IPMAN), the crash in petrol prices is also pushing down the cost of cooking gas nationwide.
New refinery project to begin in Nigeria after Dangote’s
The Abia State Government has concluded plans to begin refinery construction in Nigeria, following the pace set by the Dangote Refinery toward self-sufficiency.
NNPC to provide free eye surgeries to Nigerians, releases locations and dates
The Nigerian National Petroleum Company (NNPC) Foundation has decided to organize free eye surgeries for Nigerians and has released the locations.
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