Dr. Deji Adeleke, chairman of Pacific Holdings Limited, has been praised for completing and commissioning a 1,250MW power plant in Omotosho, Ondo State.
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- New petrol prices emerge at depots, lower than Dangote refinery’s rate
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NNPC, marketers abandon Port Harcourt and Dangote refineries, import 633 million litres of fuel
The Nigerian National Petroleum Company Limited (NNPC) and other marketers reportedly imported over 633 million litres of petrol and diesel in January 2025.
Gas prices to crash as Nigerian billionaire’s firm partners NNPC to build 5 mini gas plants
The Nigerian National Petroleum Company Limited (NNPC) and the BUA Group, Abdul Samad Rabiu's conglomerate, have signed a deal to build new mini plants.
NNPC reacts to alleged plan to cut crude supply to Dangote as marketers seal deal with refinery
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has revealed that it signed a deal with Dangote Refinery to sell its PMS.
Dangote Refinery takes over as Nigeria's fuel imports drop to lowest in 8 years
New data has revealed that European refineries are feeling the impact of the Dangote Refinery, as Nigeria's reliance on petrol imports drops to an eight-year low.
FG seeks $15 billion investment in power sector, plans to increase electricity tariffs
The federal government of Nigeria has said that it wants to attract up to $15 billion private investments into the power sector, to improve electricity for Nigeria
Dangote Refinery moves to import crude oil from US as NNPC denies plans to cut supply
The Dangote Refinery is expecting about 12 million barrels of crude oil from the US as it moves to reach its 650,000 barrels per day refining capacity in June.
Marketers in panic mode as petrol prices change amid fall in crude oil cost
Petroleum oil marketers have revealed that they are scared of lifting petrol to filling stations due to the fall prices. which might affect their profit margin.
Petrol landing cost falls as NEITI explains 23.54billion litres import by marketers
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that Nigeria imported the highest volume of petrol in 2022, at 23.54 billion litres.
New petrol prices as oil falls, report says OPEC may reject FG's planned production increases
The price of petroleum products is expected to fall as the global cost of crude oil dropped in response to Donald Trump's call for OPEC to cut prices.
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