Fuel queues return as IPMAN members shut stations
Fuel queues have resurfaced in most parts of Lagos State following the decision of some members of the Independent Petroleum...
Natural Resources
Average price of 5kg cooking gas increases to N3,921.35 – NBS
The National Bureau of Statistics (NBS) says the average price of refilling a 5kg cylinder of Liquefied Petroleum Gas (Cooking...
Retail price for petrol increases to N173.08 in May – NBS
The National Bureau of Statistics (NBS) says the average retail price paid by consumers for Premium Motor Spirit (Petrol) increased...
Lack of supply, high cost of transportation cause fuel scarcity
The Independent Marketers Association of Nigeria (IPMAN), Ibadan Depot, says the fuel scarcity being experienced in Ibadan and other towns...
Nigeria steps to expand, develop huge gas resources
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says government is taking steps to expand and develop its...
Nigeria, 6 others drop in crude oil production
The Organisation of the Petroleum Exporting Countries (OPEC), has released a fresh report on crude oil production of its member...
TotalEnergies posts N16.8bn profit for 2021
TotalEnergies Marketing Nigeria Plc (TEMNPLC), a leading energy company, has recorded a profit after tax of N16.8 billion for the...
NOGASA blames fuel scarcity hike in cost of diesel for transportation
The Natural oil and gas Suppliers Association of Nigeria (NOGASA ) on Tuesday blamed scarcity of fuel on high cost...
Economists, others call for removal of fuel subsidy
Stakeholders in the economic sector have called for the removal of fuel subsidy for the benefit of Nigerians. The stakeholders...
NNPC generates N1.7trn from sale of oil
The Nigerian National Petroleum Company (NNPC) has generated N1.7 trillion from crude oil sales in the last 12 months. This...
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