Dangote Refinery and Petroleum Products Marketers have shifted the blame for the recent premium motor spirit price hike to global crude oil prices as Nigerians lament its impact. Accordingly, the…
Attracted by the bulk-purchase agreement incentives being offered by the Dangote Petroleum Refinery, more oil marketers in the country are jostling to be listed as beneficiaries of the agreement. The…
The governor of Oyo State, Seyi Makinde, has reiterated his administration’s commitment to partnering with local and foreign investors for the development and economic prosperity of the state. The governor…
Following the goals of President Bola Tinubu’s Presidential CNG Initiative (Pi-CNG), Tetracore Energy has partnered Dangote Cement, a subsidiary of Dangote Group, to supply Compressed Natural Gas (CNG) for its…
Oil marketers, under the auspices of the Petroleum Products Retail Outlets Owners Association of Nigeria, have charged the President Bola Tinubu-led Federal Government to privatize government-owned refineries, encourage competition, enhance…
The Dangote Petroleum Refinery says Heyden Petroleum and Ardova Plc have joined it to ensure the supply of affordable Premium Motor Spirit (petro) in Nigeria. The Dangote refinery in a…
The World Bank has said that inefficiencies in public spending are costing developing nations a significant portion of their investments. Nigeria is among the developing nations of the world. The…
The African Development Bank has revealed that the continent loses about $1.6bn every day to illicit financial flows and profit shifting on the part of multinationals operating in Africa. This…
The World Bank has announced the removal of several loan fees to make borrowing more affordable for vulnerable countries. The move is part of broader efforts to expand financial capacity…
MRS Oil Nigeria Plc, a prominent player in the Nigerian downstream oil industry, has implemented a new petrol price of ₦935 per litre across all its retail service stations nationwide.…