Nigerian govt commences crude oil sales in Naira
The sale in Naira takes effect from 1 October, the Federal Ministry of Finance said.
The sale in Naira takes effect from 1 October, the Federal Ministry of Finance said.
The NBS said this shows a decrease of 13.77 per cent from 23.54 billion litres imported in 2022.
“I think it is the right time to get rid of subsidy because all countries have gotten rid of subsidy,” ...
The Federal lawmakers went on two months recess in July.
The data reviewed by PREMIUM TIMES indicate that less than 10.3 million litres were lifted from the Dangote Refinery in ...
The minister commended Aliko Dangote and the Dangote Group for turning this vision into reality through the establishment of the ...
President Tinubu left Abuja for Beijing, China, on 29 August.
"Estimated Pump Price in Lagos" is N950.22, the document states.
Mr Soneye insisted that the company bought petrol from Dangote refinery at N898 per litre.
"But today, for this initial 16.8 million litre that was given to us, it was at the rate of N898,” ...
The APC federal lawmaker said he would have sacked the NNPC’s management if he were the president.
This move, he said, will significantly reduce the tax pressure on households.
NNPC said the current increase in petrol pump price does not reflect free market conditions.
“We would like to state that NNPC has not commenced lifting of refined Premium Motor Spirit (PMS), commonly known as ...
The cost of transportation for a commercial tricycle (Keke) from the Kaduna central market to Sabo was now N500 as ...
This newspaper revelation came against the background of the government’s repeated denial of subsidy payments.
Atiku said listing the state oil company on Stock Exchange in line with the PIA would make it more profitable ...
The state-oil firm said this is to ensure reliability and sustainability to meet the nation’s fuel supply and energy security ...
This is coming against the government's repeated denial of subsidy payments.
The NNPC Retail officially no longer exists after it asked a court to transfer its ownership and properties to a ...
NNPC LNG Ltd., in collaboration with NNPC Shipping Ltd, is scheduled to deliver at least two more LNG cargoes to ...
Proshare's Economic and Market Intelligence Unit (EMI) represents that Oando completed its acquisition of 100 per cent of the shareholding ...
In its reaction to the NNPC-OVH controversy, the state-owned oil firm failed to address the crux of the controversial acquisition.
Employee benefits expenses accounted for almost 20 per cent of general and administrative expenses
“As at 31 December 2023, NNPC Limited holds a 7.25 per cent interest in DPRP FZE,” the NNPC Ltd said ...
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