President Bola Tinubu has approved a 15 percent ad-valorem import duty on diesel and premium motor spirit (PMS), commonly known as petrol. In a letter dated October 21, 2025, Damilotun Aderemi, the…
Crude Oil Refinery Owners Association of Nigeria has said that the price of Premium Motor Spirit (petrol) can drop below N400 per litre with the current…
The Federal Government of Nigeria has announced a ban on fuel tankers exceeding 60,000 litres from operating on Nigerian roads. The ban is expected to take…
Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890, effective from Saturday. In a…
Another fuel-laden tanker has exploded at Kusogbogi in Agaie Local Government Area (LGA) of Niger State. Daily Trust reports that the scene of the incident is…
There are indications of an imminent hike in the price of petrol as the loading costs of petrol and diesel at depots increased across Nigeria on…
Nigeria’s landing cost of Premium Motor Spirit (Petrol) dropped to N971 per litre in November 2024. This is according to the latest data released by the…
The Federal Government has said it is not responsible for the hike in the pump price of petrol. On Wednesday, the Nigerian National Petroleum Company Limited…
