A petroleum marketer has explained the real reason Nigeria’s premium motor spirit ... the main reason responsible for the drop in fuel prices is the implementation of the deregulation of the ...

Nigeria’s fuel subsidy removal nearly two years ago has been attributed as one of the reasons Niger has been experiencing fuel scarcity in recent weeks. Recall that in May 2023, President Bola ...

Nigeria’s petroleum products depot owners have increased premium motor spirit ex-depot prices, DAILY POST reports. Data from ...

Niger Republic has turned to Nigeria for help after being hit by fuel shortage. The West African country reached out to Nigeria despite months of diplomatic tensions and hostile rhetoric.

Nigeria has struggled to diversify its oil-dependent economy but investors have taken another look at cocoa beans after global prices soared to a record $12,000 per tonne in December. "The farmers ...

The price of fuel has seen an increase for the past four months, but will see a slight decrease in March 2025, with petrol set to drop by 7c a litre and diesel 24c a litre. Two factors contribute ...

After two weeks of increases, gas prices are trending downward again. The national average cost for a gallon of regular gas decreased to $3.114 on Friday, according to AAA. Friday’s pricing ...

The Society of Petroleum Engineers (SPE) has expressed deep worries over gas waste in Nigeria, saying it is preparing its members for decarbonisation of the African petroleum industry in the face ...

A London court judgement against Nigeria’s natural gas company will incur a major loss, at a time when Abuja is seeking loans to finance its budget. Nigeria’s expected dividends from its natural gas ...

India imports about 80% of its oil needs and so domestic pump rates are dependent on international prices, as denominated by Indian basket of crude oil. The other factors on which domestic petrol ...