diesel
3 days ago
A chieftain of the All Progressives Congress (APC) in Osun State, Olatunbosun Oyintiloye, has appealed to President Bola Tinubu to ensure the downward review of the current pump price of Automotive Gas Oil, popularly called (AGO), being produced by Dangote Petroleum Refinery.
27 Mar
The Nigerian National Petroleum Company (NNPC) Limited has denied speculations that it has adjusted the pump price of premium motor spirit (PMS), known as petrol, across its retail outlets. There have been speculations that NNPC had reduced the price of petrol from N568 to N560 per litre. Also, it was said that the NNPC had…
4 Jan
Nigeria spent N2.7 trillion to import premium motor spirit (PMS), diesel and jet fuel in the third quarter of 2023, data by the National Bureau of Statistics (NBS) have shown.
7 Oct 2023
Mr Clement Isong, the Chief Executive Officer of the Major Oil Marketers Association of Nigeria (MOMAN), has commended the Federal Government’s decision to remove Value Added Tax (VAT) on diesel for a period of six months.
28 Sep 2023
• FG to face another round of subsidy payment crisis The Federal Government will, in the coming weeks, incur more subsidy on premium motor spirit (PMS), otherwise called petrol, as the price of crude oil price, yesterday, jumped to a record high of $97 per barrel. Manufacturers and business owners may also witness an exponential…
27 Sep 2023
There are clear indications that more manufacturing companies and businesses in the country may shut down in the coming months due to the unabating energy crisis, which has now pushed diesel prices to over N1,100 per litre.
Latest
25 mins ago
Liverpool were knocked out of the Europa League by Atalanta with the Italian side reaching the semi-finals 3-1 on aggregate on Thursday.
1 hour ago
The New Nigeria People's Party (NNPP), on Thursday, declared its readiness for reconciliation with former members who have expressed a desire to rejoin the party. NNPP also debunked the claims made by some expelled individuals who announced the suspension of Governor Abba Kabir Yusuf of Kano State for attending the NNPP national convention. The Acting…
2 hours ago
In response to disruptions sparked by recent haulage rate announcements for Eastern Ports, the Nigerian Shippers' Council (NSC) has agreed to schedule a stakeholder meeting to renegotiate the rates. This, according to NSC will serve as a platform where robust consultation and decisive action would be taken to ease the stress of port users. Emerging…
2 hours ago
Nigeria's Tunde Onakoya has completed one full day in his attempt to break the Guinness World Record for longest Chess marathon in Times Square, United States. Onakoya is attempting to break the longest chess marathon which currently stands at 56 hours,nine minute and 37 seconds. The record was achieved by Hallvard Haug Flatebø and Sjur…
2 hours ago
The Oyo State Government says it demolished the building belonging to the Yoruba Nation agitators in its capital, Ibadan, over alleged illegal and nefarious activities in the house.
3 hours ago
Cryptocurrency exchange company, Binance said it is working very closely with the Nigerian government over its detained executive. The CEO of Binance, Richard Teng, disclosed this on Thursday with the company's head of financial crime compliance still in detention in Nigeria. The Nigerian government's Economic and Financial Crimes Commission (EFCC) is prosecuting Binance for laundering…
3 hours ago
Landmark Group said the Lagos State government is yet to consult it on the Lagos-Calabar coastal road construction and beach sand filling. Landmark made this disclosure in a statement on Thursday and said the issue of the Lagos-Calabar coastal road passing through Landmark Beach remains a topic of wide-reaching discourse. The Group said it wants…
4 hours ago
The General Officer Commanding (GOC), 82 Division, Nigerian Army, Maj-Gen. Hassan Dada, has expressed concern about the high number of weapons in unauthorized hands in Nigeria.
4 hours ago
The National Chairman of All Progressives Congress (APC) Dr. Abdullahi Umar Ganduje has secured an exparte injunction restraining further action on his purported suspension as member of the party. In an exparte motion granted by Federal high Court in Kano, Wednesday, Justice A. U Liman ordered the purported suspension of Ganduje as member of the…
5 hours ago
The Economic and Financial Crimes Commission (EFCC) on Thursday declared former Kogi State governor Yahaya Bello wanted. The EFCC is prosecuting Bello over an allege money laundering of N80.2billion. The former governor was absent in court earlier today when the EFCC arraigned him. Bello’s arraignment is coming on the heels of a warrant of arrest…