A Nigerian man visited an MRS station in Lagos to verify Dangote's new petrol price of N739 per litre. He shared a video and receipt, showing significant savings. Read his story and public reactions here.
Following Dangote Refinery's price cut to N699 per litre, private depot prices have crashed, ranging from N702.50 to N820. MRS stations now sell at N739. Read the full impact.
MRS filling stations in Lagos slash petrol price to N739 per litre following Dangote Refinery's gantry price reduction, sparking motorist relief and a fierce industry debate over market stability.
Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.
Aliko Dangote dismisses rumours of US President Trump's opposition to his refinery, revealing it buys 100 million barrels of crude annually from America. Get the full story.
Petrol prices at Lagos depots have plunged by 14% to N710 per litre following Dangote Refinery's aggressive price slash, sparking a rush by marketers. Discover the market realignment.
NNPC slashes petrol prices in Lagos and Abuja after Dangote Refinery's price cut, sparking a potential fuel price war. Get the latest updates and analysis.
Nigerian consumers have voted Golden Terra Soya Oil as the Most Preferred Healthy Cooking Oil at the 2025 Consumer Value Awards. Discover why 72% chose this heart-friendly brand.
The NNPC has reduced petrol pump prices by at least N20 across Nigeria, with new rates from N895 to N965 per litre. Depots in Lagos, Port Harcourt, Warri, and Calabar also adjust prices following new PMS arrivals.
Dangote Refinery reduces diesel price to N910 per litre, a 4.21% drop, offering relief to Nigerian industries and transport ahead of Christmas. Driven by global crude trends and improved NNPC supply.
Nigerians get relief as petrol prices drop nationwide. NNPC and private depots cut rates after Dangote Refinery's pledge to supply 50 million litres daily, sparking intense market competition.
Nigeria's NUPRC launches 2025 oil licensing round for 50 blocks, aiming to raise $10bn and boost output by 400,000 barrels per day. Discover the transparent bidding process.
Lagos slashes rice price to N57,000 per 50kg bag, triggering market-wide reductions. Farmers forecast further price drops ahead of Christmas but criticize import policies. Read for full market analysis.
Dangote Refinery increases cooking gas price to N820 per kg, triggering nationwide retail hikes just before Christmas. Analysts question the move amid favourable global oil trends. Read more.
OPEC confirms Nigeria's oil production quota remains at 1.5 million barrels per day until December 2026 to ensure global market stability. Read the full details.
Dangote Refinery reduces petrol ex-depot price to N840/litre, triggering competitive cuts among depot owners. The move follows NNPC's price adjustment and a global crude oil price crash to $60 per barrel. Read more on the festive season relief.
OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.
Lagos farmers predict further rice price drops after Governor Sanwo-Olu slashes Lagos Rice to ₦57,000. Quality local rice now competes with imports as Christmas approaches. Read more!
OPEC+ ministers are expected to keep oil output unchanged in Sunday's online meeting amid price uncertainty. Analysts predict no major market changes as group watches Ukraine talks.
OPEC+ ministers are expected to maintain current oil production levels in their upcoming online meeting. Analysts cite market uncertainty and Ukraine conflict impacts on prices. Read more.
OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.
NNPC reduces petrol pump price to N905 per litre, but major marketers like Ardova and MRS offer cheaper fuel. Analysts predict further cuts as competition intensifies.
Edo State government refutes an unauthorised notice revoking Presco Plc's land rights. Read the official statement and analysis on the state's commitment to investor protection.
House of Representatives committee presses EFCC for full details on crude oil seizures and sales under Naira-for-Crude Policy. Hearing adjourned to December 4.
Dr Omonigho Khalin Egbo's geochemical studies provide crucial data for Nigeria's energy security and revenue growth. Discover how his findings are shaping national oil policy.
NNPC Limited announces record N5.4 trillion profit after tax for 2024 and reveals ambitious $60 billion investment strategy to boost oil, gas and clean energy capacity by 2030.
Major Nigerian filling stations slash petrol prices below NNPC rates as imports surge. Discover how this impacts consumers and market competition.
Pipeline Infrastructure Nigeria Limited deploys local town criers to enhance security on the Trans Niger Pipeline. Vandalism attempts have dropped by 87% since 2022. Read more on this community-driven success.
The House of Representatives issues a 7-day ultimatum to MDAs, threatening arrest warrants for non-compliance with the Naira-for-Crude Oil policy investigation. Full details on the escalating standoff.
MOSOP USA calls for Ogoni oil blocks removal from bidding rounds to protect fragile peace process. Federal Government urged to prioritize reconciliation before oil resumption.