Dangote Refinery Bypasses Depots, Sells Petrol Directly
Dangote Refinery now sells petrol directly to independent marketers, slashing prices to N699/litre after a pricing dispute with depot owners. This major shift boosts competition and supply.
Dangote Refinery now sells petrol directly to independent marketers, slashing prices to N699/litre after a pricing dispute with depot owners. This major shift boosts competition and supply.
Peter Obi condemns President Tinubu's approval of an ₦8 trillion NNPC debt write-off, calling it a betrayal of public trust and questioning priorities during economic crisis. Read his full statement.
President's decision to write off $1.42bn and N5.57tn NNPC debt faces legal scrutiny. Nigerians urged to demand accountability and reversal from National Assembly. #Nigeria #NNPC
A Federal High Court in Abuja has granted an interim forfeiture order for N30.7 million linked to alleged fraud involving NNPC officials. The EFCC traced the funds to a BDC operator.
A Federal High Court in Abuja has ordered the interim forfeiture of N30.7 million linked to alleged fraud involving NNPC officials. The EFCC traced funds through a bureau de change operator. Read the full details.
NNPC reduces petrol prices in Abuja to N815 per litre, offering relief. Dangote Refinery debunks shutdown rumours, delivers 43 million litres nationwide. Lagos prices remain steady.
NNPC reduces petrol pump prices nationwide, with Abuja at N815 and Lagos at N785 per litre. Dangote Refinery's stable pricing drives the welcome relief for Nigerian motorists.
NNPC Retail Limited launches a scratch and win promotion with prizes up to N100 million. Learn how to participate and win big until March 2026.
The ADC party warns President Tinubu's write-off of NNPCL's legacy debt is illegal and will cause massive revenue loss for states and LGAs. Read the full analysis.
Private depot owners have increased petrol prices to N800 per litre following Dangote Refinery's planned maintenance shutdown. Get the latest on Nigeria's fuel market and price outlook.
President Tinubu cancels $1.42bn NNPC debt. Reps' Agbese links it to CEO Ojulari's transparency and record oil output. Read the full analysis.
NNPC Limited remitted N12.117 trillion to the Federation Account in ten months, reporting strong revenue and profit growth. Oil production held steady as key gas pipeline projects near completion.
NNPC Ltd announces N4.36 trillion revenue and N502 billion profit for November 2025, driven by increased oil production. Discover the full financial and operational breakdown.
Investigation into NNPC Ltd's failure to remit trillions to the federation account. Calls for transparency as corruption cripples Nigeria's development. Read more and demand accountability.
Clarification emerges that NNPC's $1.42bn and N5.57tr debt waiver covered only interest and penalties, not core royalties. CHRICED slams the move as reckless and opaque.
CHRICED faults the Federal Government's waiver of $1.42bn and N5.57trn NNPC debt, calling it fiscally reckless and unconstitutional. Read the full details and demands for accountability.
NNPC launches a formal bid to sell stakes in key oil and gas assets. This strategic divestment aims to attract investors, boost production, and reshape Nigeria's energy sector under the PIA reforms.
NNPC Limited invites bids for stakes in key oil and gas assets. Registration deadline is January 10, 2026. PENGASSAN confirms the strategic divestment plan.
The NNPC has successfully restored the Escravos-Lagos Pipeline System after a December explosion. Read how this swift action secures Nigeria's gas supply for power and industry.
President Tinubu approves massive debt write-off for NNPC after reconciliation, aiming for a clean financial slate. Discover the details and ongoing revenue challenges.
Nigeria's $2.8 billion Ajaokuta-Kaduna-Kano gas pipeline is on track to begin operations in early 2026, promising to transform energy supply and industrial growth in the north. NNPC targets $30 billion in oil and gas investments by 2030.
NNPC GCEO Bayo Ojulari states the fuel price competition between Dangote Refinery and marketers is a natural market shift that will ultimately favour Nigerian consumers. Read more.
President Bola Tinubu has approved the cancellation of $1.42 billion in legacy debts owed by NNPC Ltd to the Federation Account. Learn the details and implications of this major financial decision.
Nigeria's NNPC scored zero in ICPC's 2025 Ethics and Integrity Scorecard, ranking last among 357 agencies. This shock result raises major governance concerns despite the oil company's recent profit announcements.
Nigerians get relief as petrol prices fall by N153 per litre to N1,061.35. Dangote Refinery and NNPC drive competition, but state disparities remain high. Find out the cheapest and costliest states.
NNPC Limited reports record N5.4 trillion profit while directors' fees jump to N4.1 billion. Zero staff resignations in 2024 as administrative costs surge. Read the full analysis.
PETROAN urges the Nigerian government to privatise state-owned refineries by Q1 2026 to cut costs and boost efficiency. NNPC, however, is reviewing viability over an outright sale.
Nigeria now sells the cheapest petrol in West Africa at ₦739 per litre, thanks to Dangote Refinery's price cuts. Discover how this impacts the economy and future fuel supply.
Heritage Energy says years of restructuring and investment in OML 30 are now yielding rising production and stronger reserves. The firm prioritized long-term stability over short-term gains.
NNPC Limited reduced petrol prices by over N175 in Lagos during 2025, driven by competition from Dangote Refinery. The price now stands at N785 per litre ahead of Christmas. Read the full analysis.