Otedola: ₦2 Trillion Fuel Subsidy Fraud Rocked Jonathan Era
Billionaire businessman, Mr. Femi Otedola, has alleged that more than N2 trillion was siphoned through fraudulent fuel subsidy claims under former President Goodluck Jonathan’s...
Petrol Now N955 in Southeast as MRS Implements New Pricing Structure
Major petroleum marketer, MRS, has raised the pump price of petrol to N925 per litre in Lagos, and as high as N955 in the...
Fuel Marketers Seek Clarity on Dangote’s Direct Supply Scheme
The Major Energies Marketers Association of Nigeria (MEMAN) has announced plans to hold discussions with Dangote Petroleum Refinery regarding its recently unveiled initiative to...
Dangote Refinery Turns to U.S. Crude Amid Nigerian Supply Gaps
The Dangote Petroleum Refinery has increasingly turned to crude oil imports from the United States to sustain operations, with its founder, Aliko Dangote, blaming...
Nigeria Spends ₦1.19 Trillion Importing Crude in Q1 2025
Nigeria, Africa’s largest oil producer, spent ₦1.19 trillion importing crude oil in the first quarter of 2025, making it the country’s third most imported...
