…Email: ankrah.shalom@corp.legit.ng. Tags: Nigerian YouthsDiaspora Hot: Afcon 2025 Petrol prices Catherine bell Molly noblitt Deborah merlino {{content}} {{web_article_infinite_1}} {{jsonLd}} Loading...

…may benefit from higher crude oil export revenues, the development threatens to elevate petrol pump prices locally and reverse recent gains in inflation control. The Dangote Petroleum Refinery increased its ex-gantry petrol price from N1,075 per litre to N1,215 per litre, while also resuming the sale of petrol in naira…

…waste and associated gas flaring—including lost electricity generation, liquefied petroleum gas (LPG), industrial feedstock, government revenue, environmental damage and unrealised carbon-market opportunities—could range between $18 million and $28 million daily. Under favourable carbon-market conditions, Mahmoud estim…

Dangote Petroleum Refinery and Petrochemicals has completed a landmark $2.5bn private equity placement after the offer attracted demand more than three times the initial size. The company said the transaction, which achieved a 3.7 times subscription rate, resulted in the issuance and allotment of approximately $2.5bn i…

…if they'd still want him, now that they had a child of their own."We'll stop here at the petrol station; you can stretch your legs," Mr. Johnson said, turning off the engine as they pulled over. Eric felt the cool air hit his face as he stepped out, and he lifted little Mila from her seat, setting her down gently. She…

…to N6 million and requested additional items, including five bags of rice, 25 litres of petrol, five litres of red oil, and five litres of engine oil. Sources confirmed that the ransom and requested items were eventually provided, leading to the victims' release. The two children are currently receiving medical treatme…

…by the International Energy Services Limited, in conjunction with the Centre for Petroleum, Energy Economics and Law and the University of Ibadan, recently, cautioned that weak implementation, rather than a lack of policies, was the main barrier to transforming the country’s energy sector. They argued that although Nig…

When the National Assembly flagged a N210 trillion figure in the Nigerian National Petroleum Company Limited’s financial statements, the country erupted. Citizens were angry, headlines were fierce, and many called for heads to roll. At a time Nigerians are facing real economic hardship, the figure was bound to spark ou…

…saboteurs the opportunity to activate new refining locations and sustain illicit petroleum production," he said. The naval director of information revealed that eight locally fabricated refining pots and three large storage tanks were recovered, further disrupting the criminal network's refining capability. "All illega…

By UdemeAkpan, Energy Editor The Dangote Petroleum Refinery has significantly increased exports of refined petroleum products as inadequate domestic crude oil supply and persistent foreign exchange constraints continue to hamper its operations. This comes as rising global crude oil prices are expected to increase feeds…

…an alleged ₦210 trillion financial discrepancy involving the Nigerian National Petroleum Company Limited (NNPC Ltd) has once again raised broader questions about accountability, financial controls and the management of Nigeria’s most important commercial institution. But the renewed debate also offers an opportunity to…

…2025 Commercial Bid Conference in Abuja, the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, said the commission’s evaluation process was designed to ensure petroleum assets were awarded to companies capable of developing them, rather than firms that simply submitted the h…

…food production, improve logistics, reduce energy and production costs, deepen domestic petroleum refining and strengthen productivity across the economy.

…Education, replacing Professor Shu'aibu Shehu Aliyu, who was reassigned to the Petroleum Trust Development Fund (PTDF) in April. To replace Mathias Byuan, the former executive director, finance of the Federal Housing Authority, who resigned to contest the governorship election in Benue, President Tinubu named Gisaor Vi…

…issued on Monday by the Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited, Andy Odeh. The AAGP, which is being jointly promoted by NNPC Limited and Morocco’s Office National des Hydrocarbures et des Mines, is planned to stretch nearly 6,900 kilometres along the West African Atlan…

Depot prices for petrol rise by approximately ₦45 per litre amid global crude oil surgeAnalysts warn that rising import costs will increase fuel prices, straining consumers already facing inflationIPMAN calls for urgent reassessment of fuel import licences to prevent further price hikes and naira pressureFind it fast w…

…energy, stocks, investment, and the economy for over a decade.The cost of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, now ranges between ₦1,100 and ₦1,550 per kilogram across Nigeria, depending on the state and proximity to major coastal depots.For millions of families already grappling with risin…

In line with the Petroleum Industry Act (PIA), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has urged newly awarded holders of Petroleum Prospecting Licences (PPLs) to move quickly on developing their assets while engaging responsibly with host communities. The post NUPRC wants PPL holders to fast-trac…

…About six months after assuming office as Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan is pursuing a strategy centred on regulatory certainty, faster decision-making, operational efficiency, and transparent governance. The early signs are reflected in strong…

Filling stations have increased petrol prices nationwide after private depot owners raised PMS loading costs to about N1,200 per litre Motorists are now paying between N1,100 and N1,230 per litre across major cities as marketers pass on higher wholesale costs The latest increase followed the temporary suspension of pro…

…stocks, and general market trends.Retail prices of cooking gas, also known as Liquefied Petroleum Gas (LPG), have fallen across Nigeria as improved domestic supply and lower depot prices continue to ease pressure on consumers.A market survey conducted showed that several refilling plants have reduced their prices, with…

…High Commissioner to Sierra Leone, Amb. Ayo Luther-Ogbomode, the Minister of State for Petroleum Resources, Gas, Ekperikpe Ekpo, the Nigerian Permanent Representative to the ECOWAS, Amb. Olawale Awe, among others. The News Agency of Nigeria (NAN) reports that the high-level gathering brought together Heads of State, go…

…technology, energy, stocks, investment, and the economy for over a decade.Liquefied Petroleum Gas (LPG), popularly known as cooking gas, imported into Nigeria surged by an astonishing 1,400 per cent to 1.5 kilotonnes per day (KT/d) in June 2026, according to the Nigerian Midstream and Downstream Petroleum Regulatory Au…

…figure of ₦210 trillion dominated public discussion around the Nigerian National Petroleum Company Limited, creating an impression in some quarters that an almost unimaginable sum of public money had simply disappeared. The post NNPCL’s ₦210 trillion: When facts finally cut through the noise appeared first on Tribune O…

In this interview with DAMILOLA AINA, the Chief Executive Officer of petroleumprice.ng, Jeremiah Olatide, discusses how the five-month conflict involving the United States and Iran, along with disruptions to the Strait of Hormuz, affected global crude oil prices, Africa’s fuel supply chain and Nigeria’s petroleum indus…