Latest data has revealed that the price of kerosene in Nigeria is among the cheapest in the world, with 10 states recording the lowest prices NBS reports.
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Energy Latest News
NMPDRA explains why tanker exploded in Abuja that left many feared dead, advises Nigerians
The Nigerian Midstream and Downstream Petroleum Regulatory Authority and Presidential CNG Initiative (PCNGI) has visited the scene of the tanker explosion.
“No more 850/L”: Experts predict new petrol price as Dangote announces new deal with marketers
Petroleum product experts and marketers have revealed that the pump price of petrol and other petroleum products will rise again as Dangote and NNPC deal ends.
Marketers warn of petrol price increase as Dangote stops petrol sales in naira
Oil marketers have warned that gas pump prices may rise in the coming days in response to Dangote Refinery's decision to stop selling petroleum products in Naira
NNPC reacts to reported explosion in Port Harcourt refinery
The Nigerian National Petroleum Company (NNPC) Limited has reacted to reports of expulsion at the Port Harcourt Refining Company (PHRC) in Rivers State.
“We will declare national strike”: PENGASSAN threatens to disrupt upstream operations, gives reasons
The group had stages a protest recently at the Sterling Oil head office, to demand that the company abide by the NOGICD act, and employ more Nigerians.
Vessels carrying Nigerian oil cargoes stranded at sea with unsold products as pipeline explosions
About 12 oil cargoes carrying Nigerian crude oil have remained unsold since March 10, 2025, as cheaper alternatives from Kazakhstan and the US flood the market.
Marketers react, adjust pump prices as petrol landing cost drops
Petroleum oil marketers have made price adjustments at filling stations in anticipation of further price crashes by NNPC and Dangote due to a fall in landing costs
Oil marketers disagree on petrol pricing proposal as NNPC, Dangote reduce fuel prices
The Independent Petroleum Marketers Association of Nigeria has reacted to the six-month petrol stability proposal by the Petroleum Products Retail Outlet Owners.
Dangote, NNPC to crash petrol prices again as landing cost drops
The landing cost of petrol has crashed again to N797.83 per litre from N851.76 as of Friday, March 14, 2025. The development may spark another price war.
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