The Economic and Financial Crimes Commission, EFCC, on Thursday, March 18, 2026 handed over a total sum of N3,936,145, 822 ( Three Billion, Nine Hundred and Thirty Six Million,... Continue

YUSUF PRECIOUS UWA West Africa’s downstream petroleum sector is proving resilient in spite of escalating geopolitical tensions, industry leaders declared during a high-level webinar convened on Tuesday, March 17,... Continue

BAKARE AKEEM OLASUNKANMI Oil from the International Energy Agency (IEA) emergency reserves will soon start flowing to global markets following the announcement on March 11, 2026, that IEA Member countries will... Continue

President Bola Ahmed Tinubu has approved the establishment of a Presidential Petroleum Reform and Value Optimisation Taskforce to design and sequence the next phase of structural reforms in Nigeria’s... Continue

  The management of Dangote Petroleum Refinery has announced a major reduction in the prices of Premium Motor Spirit (PMS), commonly known as petrol, and Automotive Gas Oil (AGO),... Continue

In less than 48 hours after an increase in its ex-depot price of Premium Motor Spirit, Dangote Petroleum Refinery has lowered prices of petrol and diesel by N100. In... Continue