2 h. ago ‘Members incurring losses,’ IPMAN laments Dangote, NNPCL fuel price war

The Independent Petroleum Marketers of Nigeria has said that the price war between the Nigerian National Petroleum Company Limited and Dangote Petroleum is affecting its members. The Chairman, IPMAN, Enugu Depot Community in charge of Anambra, Ebonyi and Enugu states, Mr Chinedu Anyaso, stated this during an interview with journalists in Awka, Anambra State, on Read More

Politics

4 h. ago How Dangote/NNPC petrol price war is affecting our members — IPMAN

Tribune Online How Dangote/NNPC petrol price war is affecting our members — IPMAN He said, "Our members are losing money because of the unstable environment. How Dangote/NNPC petrol price war is affecting our members — IPMAN Tribune Online

Politics

3 d. ago “Reduction Of Petrol Price Affecting Our Businesses” – Marketers Tell FG

Oil marketers under the aegis of Petroleum Products Retail Outlet Owners Association of Nigeria have appealed to President Bola Tinubu’s led government to address fluctuation of oil prices in the sector. In a statement by PETROAN’s Spokesman on Monday, begged Federal Government to make a regulation that will stop price of petroleum from being changed […] The post “Reduction Of Petrol Price Affecting Our Businesses” – Marketers Tell FG appeared first on Information Nigeria.

Economics

3 d. ago Downward petrol price review: PETROAN laments losses, urges mechanisms for price stability for 6 months

Tribune Online Downward petrol price review: PETROAN laments losses, urges mechanisms for price stability for 6 months Condemning the unhealthy competition in the downstream sector, which has resulted in sudden downward review of fuel prices, the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) is calling on the Nigerian Midstream and Downstream Petroleum. Regulatory Authority (NMDPRA) and the Federal Competition and Consumer Protection Commission (FCCPC) to establish mechanisms that will ensure […] Downward petrol price review: PETROAN laments losses, urges mechanisms for price stability for 6 months Tribune Online

Politics

8 d. ago Marketers Expect Drop In Transport Fare After Petrol Price Slash

The Petroleum Retailers Outlet Owners Association of Nigeria (PETROAN), is expecting to see reciprocity in transportation fare slash by commercial vehicles operators after the Nigerian National Petroleum Company limited (NNPC) and Dangote refinery reviewed downward ex-depot price of Premium Motor Spirit (PMS) known as petrol. The marketing association commended NNPC Retail Ltd for slashing the […]

Economics

9 d. ago Nigerians to benefit from Dangote, NNPCL petrol price war — Rewane

Nigerians will benefit more from the seeming petrol price war between Dangote refinery and Nigeria National Petroleum Corporation Limited, according read more Nigerians to benefit from Dangote, NNPCL petrol price war — Rewane

Politics

1 week ago Dangote, NNPCL petrol price war to benefit consumers — Rewane

The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has said that the fall in the price of Premium Motor Spirit, also known as petrol, will continue to fall till June 2025. Rewane disclosed this while speaking on Channels Television’s Business Morning on Tuesday. According to him, the downward trend in petrol prices would Read More

Politics

1 week ago NNPCL stations have reduced petrol price to N860/litre — Marketers

The Nigerian National Petroleum Company Limited has reduced the pump prices of Premium Motor Spirit (petrol) sold at its stations to match that of the Dangote Petroleum Refinery. Our correspondents confirmed that some retail outlets owned by the NNPC adjusted their petrol pump price to N860 per litre on Monday, the same rate Dangote sells Read More

Politics

1 week ago NNPC Reduces Petrol Price From N920 To N860 Per Litre – IPMAN

Nigerian National Petroleum Company Limited has reduced the pump price of Premium Motor Spirit, commonly known as petrol, to N860 per litre. The new NNPCL price, which takes effect on Monday, marks a significant drop from the previous average of N920 per litre. Recall that last week, Dangote Petroleum Refinery also reduced the ex-depot price […] The post NNPC Reduces Petrol Price From N920 To N860 Per Litre – IPMAN appeared first on Information Nigeria.

Politics

1 week ago NNPCL has reduced petrol price to N860/litre, marketers claim

Some retail outlets belonging to the Nigerian National Petroleum Company Limited have adjusted the petrol pump price to N860 per litre. PUNCH Online observed that while there is no official communication from the NNPCL Retail yet, some stations in Lagos adjusted their pumps to N860 per litre, down from N945 as of Sunday. This comes Read More

Politics

1 week ago Dangote promises to refund customers who buy petrol above market price from key partners

Dangote Petroleum Refinery & Petrochemicals has launched an initiative to refund customers who purchase Premium Motor Spirit (PMS) above advertised read more Dangote promises to refund customers who buy petrol above market price from key partners

Economics

2 w. ago Dangote Refinery Cuts Petrol Price To N825, Offers Nigerians Relief Amid Ramadan

In a move aimed at easing the financial burden on Nigerians, Dangote Petroleum Refinery has disclosed a significant reduction in the ex-depot price of premium motor spirit (PMS), also known as petrol. The new price of N825 per litre, revealed on Wednesday, marks the second reduction in February 2025. According to Esan Sunday, head of […] The post Dangote Refinery Cuts Petrol Price To N825, Offers Nigerians Relief Amid Ramadan appeared first on Information Nigeria.

Politics

2 w. ago Transport fare still the same — Reactions trail Dangote’s petrol price crash

Tribune Online Transport fare still the same — Reactions trail Dangote’s petrol price crash Some opined that the reduction would most likely not directly impact the lives of average Nigerians, arguing that transportation fares would not see corresponding deductions. Transport fare still the same — Reactions trail Dangote’s petrol price crash Tribune Online

Economics

2 w. ago Dangote’s partner to sell petrol at N860/litre in Lagos, N870 in Ibadan, others

Tribune Online Dangote’s partner to sell petrol at N860/litre in Lagos, N870 in Ibadan, others Dangote Refinery’s retail partner, MRS Holdings, will sell petrol at N860 per litre in Lagos and N870 per litre in Ibadan and other parts of the South-West, following a recent price reduction by the refinery. Dangote’s partner to sell petrol at N860/litre in Lagos, N870 in Ibadan, others Tribune Online

Politics

2 w. ago BREAKING: Dangote slashes petrol loading price to N825/litre

The Dangote Petroleum Refinery, on Wednesday, announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit, PMS, commonly referred to as petrol, by N65.00. This means the price will drop from N890 to N825 per litre, effective Thursday, February 27, 2025, a statement by the refinery stated. According to Dangote, this adjustment is Read More

Politics

3 w. ago Dangote, NNPCL refineries not supplying 50% local fuel demand –FG

Despite having a combined refining capacity of 985,000 barrels per day, the Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has disclosed that the country’s three operational refineries contribute less than 50 per cent of the nation’s daily petrol consumption. It said the significant shortfall was being filled through the importation of Read More

Politics