The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Nigeria has significantly reduced its importation of Premium Motor Spirit (PMS). The Chief Executive Officer, NMDPRA, Farouk Ahmed, said this during the Meet-the-Press briefing series organised by the… Nigeria records significant drop in petrol imports – NMDPRA …C0NTINUE READING HERE >>>>
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has stated that Nigerians will begin to enjoy the benefits of the recent drop in global crude oil prices, following the announcement by Dangote Refinery of a reduction in the price of premium motor… Nigerians to start enjoying benefits of lower global crude prices — … Read more
Dangote Refinery has reduced the ex-gantry loading cost of its premium motor spirit (PMS) from ₦880 to ₦865 per litre. The new price is a reduction of N15. Advertisement An official of the refinery confirmed the development on Thursday in a statement to newsmen, stating that… Dangote Refinery slashes petrol price after FG’s crude-for-naira directive … Read more
The Crude Oil Refinery Owners Association of Nigeria (CORAN) has stated that the price of Premium Motor Spirit (PMS), commonly known as petrol, could fall below ₦400 per litre due to the recent crash in global crude oil prices. According to CORAN, if crude prices continue to… ‘We Can See Petrol Drop To As Low … Read more
Dangote Petroleum Refinery has resumed loading Premium Motor Spirit (PMS), also known as petrol, onto trucks for oil marketers, after temporarily halting the process due to the suspension of the Naira-for-Crude programme and increasing challenges in crude oil prices and… Dangote Refinery Resumes Petrol Supply Amid Rising Costs And Currency Issues …C0NTINUE READING HERE >>>>
A petroleum tanker carrying about 45,000 litres of Premium Motor Spirit, PMS, also known as petrol, has overturned in Oyo State. DAILY POST gathered that the incident occurred at Offa-Metta along the Oyo-Ogbomoso expressway. The accident took place around 9 am on… Petrol tanker carrying 45,000 litres of PMS overturns in Oyo …C0NTINUE READING HERE … Read more
Private oil depots across Nigeria have raised the price of Premium Motor Spirit (PMS), also known as petrol, to ₦900 per litre this weekend. Henzodaily reports that the hike is attributed to the rising prices of crude oil and other global market factors, impacting the cost… Price Of Petrol Increases To ₦900 In Private Depots … Read more
Nigeria’s petroleum products depot owners have increased premium motor spirit ex-depot prices, DAILY POST reports. Data from the price template of several depot owners on Thursday showed that ex-depot prices of PMS are up by N25. Analyses of the petrol price movements at… Nigeria’s depot owners hike fuel prices …C0NTINUE READING HERE >>>>
Nigeria’s petroleum products marketers and retailers imported 154.22 million litres of premium motor spirit from March 17 to 23, 2025, according to the Nigerian Port Authority. This showed that petrol marketers and retailers within the period under review have looked… Petrol imports rise to 154m litres weekly as marketers dump Dangote Refinery …C0NTINUE READING HERE … Read more
The Dangote refinery has officially announced that it is halting the supply of petroleum products in naira. In a statement by the refinery on Wednesday, the Dangote Group said the suspension is temporary. This followed reports that the Nigerian National Petroleum Company Limited… Dangote Refinery Suspends Petrol Supply in Naira …C0NTINUE READING HERE >>>>