images 2

NNPC Releases Estimated Pump Prices of Petrol from Dangote Refinery

NNPC Ltd Releases Estimated Pump Prices of PMS from Dangote Refinery, Based on September 2024 Pricing The NNPC Ltd has released estimated prices of Premium Motor Spirit (PMS), also known as Petrol... Read more »
Trade Surplus in Q2 2024

Nigeria Records N6.95 Trillion Trade Surplus in Q2 2024

Nigeria recorded a trade surplus of N6.95 trillion in the second quarter of 2024, according to a report released by the National Bureau of Statistics (NBS) on Wednesday which shows a decline... Read more »
Petrol Marketers

Fuel Price, ROI Will Determine If We’ll Buy From NNPC Or Dangote Refinery – IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says the price of petrol will determine if it will buy from the Nigerian National Petroleum Company (NNPC) Limited or Dangote Petroleum Refinery. According... Read more »
Screenshot 20240908 151256

IPMAN Endorses Dangote’s PMS, Vows to Buy at Any Price

The Independent Petroleum Marketers Association of Nigeria announced on Saturday their willingness to purchase PMS from Dangote at any price, regardless of whether the NNPC decides to make a purchase or not... Read more »
images 1 1

BREAKING: Federal Government Introduces N50 Electronic Money Transfer Levy

The Federal Government of Nigeria has introduced a new levy on electronic money transfers. Starting September 9th, 2024, a one-time fee of N50 will be applied to electronic transfers of N10,000 and... Read more »
images 3

NNPC denies being sole distributor for Dangote refinery

The Nigerian National Petroleum Company (NNPC) Limited has denied reports that it intends to become Dangote refinery’s sole distributor. In a statement issued on Saturday, the NNPC addressed allegations by the Muslim... Read more »
CBN Bureau de Change

CBN Allocates $20,000 to Each Qualified BDC to Boost Forex Liquidity

The CBN has approved the allocation of $20,000.00 to each qualified Bureau de Change at an exchange rate of N1,580 per dollar This measure aims to address the demand for invisible transactions.... Read more »
NNPC DANGOTE 1

NNPC Ties Dangote Petrol Price To Forex Rate, Lifts Product From September 15

As Nigerians eagerly await the release of Premium Motor Spirit, popular known as petrol, from the $20bn Dangote Petroleum Refinery, the Nigerian National Petroleum Company Limited says it will lift the product... Read more »
NNPC DAngote

NNPC yet to lift our petrol — Dangote

The Dangote Group has refuted the claims in the media that the Nigeria National Petroleum Company Limited (NNPC Ltd) is currently lifting petrol from its refinery and selling at N897 per litre.... Read more »
Dangote NNPC

NNPCL set to supply fresh 17.8 million barrels of crude oil to Dangote Refinery

Vice President, Downstream at the Nigeria National Petroleum Company Limited (NNPCL), Mr Adedapo Segun, on Thursday, revealed that the Dangote Refinery between September and November will receive additional 17.8million barrels of crude... Read more »