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...
Tension at Lekki Port: Stakeholders Oppose Lagos Govt’s N12,500 Truck Fee
The National Association of Road Transport Owners (NARTO) and the Maritime Workers Union of Nigeria (MWUN) have rejected the Lagos State Government’s N12,500 levy...
Petrol Nears ₦1,000/Litre as PENGASSAN Blames Marketers, Depot Shutdown
Petrol prices surged nationwide on Monday following rising crude oil prices triggered by the Israel-Iran crisis, and a simultaneous strike by tanker drivers in...
