Marketers to Resume Fuel Importation Soon, Presidency Sources Reveal

Indications emerged last night that the Federal Government is working frantically on measures  aimed at ensuring that oil marketers in the country resume importation of Premium Motor Spirit (PMS), popularly known as Petrol, to achieve seamless storage, supply and distribution of the product...

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In 1976, answering a call greater than personal glory, Nigerian athletes walked away from the Montreal Olympics—boycotting the games in protest against apartheid, under...

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Fuel Scarcity Imminent in Nigeria

.Supplies dry up as NNPC ration fuel to depot owners, leaving marketers with acute product shortage The noticeable emerging queues in many fuel stations may...

Return of Fuel Queues and Return of Subsidy?

There is palpable tension at petrol stations all over Lagos and spreading fast across the nation. Scarcity looms ominously. And queues have surfaced....

Subsidy Face-off: Federal Gov’t Speeds Up Implementation of MoU To Avert Industrial Action

When Tuesday, October 30, 2023, President Bola Ahmed Tinubu wrote to the Senate to seek approval for N2.18trillion Supplementary Budget, he did not mince...

Business News

The Forgotten Heroes: A Nation’s Debt Repaid

In 1976, answering a call greater than personal glory, Nigerian athletes walked away from the Montreal Olympics—boycotting the games in protest against apartheid, under the directive of the government led by General Olusegun Obasanjo. These...

FG ruining our businesses with stevedoring, downstream sector players cry out

Some stakeholders in the Nigerian downstream oil and gas sector have expressed concerns about the inclusion of additional costs that were not originally included in their pricing template. They have singled out Stevedoring as one...

Marketers to Resume Fuel Importation Soon, Presidency Sources Reveal

Indications emerged last night that the Federal Government is working frantically on measures  aimed at ensuring that oil marketers in the country resume importation of Premium Motor Spirit (PMS), popularly known as Petrol, to achieve...

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FOREX Scarcity: Resolving Oil Marketers’ Major Challenge

With rising foreign exchange rate and crude oil prices in the international market, Nigeria’s economy  is, no doubt in dire straits. Since May 29, 2023...

FG: Nigeria Attracted over $8bn in Deepwater Oil, Gas FIDs in Less Than One Year

The Federal Government efforts at returning the oil and gas  sector its past  glory  in the area of investment may have started yielding fruits...

Marketers to Resume Fuel Importation Soon, Presidency Sources Reveal

Indications emerged last night that the Federal Government is working frantically on measures  aimed at ensuring that oil marketers in the country resume importation...

NNPCL, Marketers Disagree over Queues at Fuel Stations

As long queues appear in fuel stations in Abuja and Lagos, the Nigerian National Petroleum Company Limited (NNPC) and oil marketers have disagreed over the...

NNPC denies dispute with marketers, says subsidy ‘entirely removed’

The Nigerian National Petroleum Company (NNPC) Limited says it did not clash with any party over petrol subsidy removal. Media reports, on Wednesday morning, had said the national...

Marketers to Resume Fuel Importation Soon, Presidency Sources Reveal

Indications emerged last night that the Federal Government is working frantically on measures  aimed at ensuring that oil marketers in the country resume importation...

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NNPCL, Marketers Disagree over Queues at Fuel Stations

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Fuel Scarcity Imminent in Nigeria

.Supplies dry up as NNPC ration fuel to depot...