Ogbugo Ukoha News Today

Nigeria is going to reduce the importation of Premium Motor Spirit, popularly called petrol, by about $4.4bn annually by adopting the use of Compressed Natural Gas, the Federal Government announced on Tuesday.

The FG, on Tuesday, announced that it was set to issue a fully valid operating licence to the 650,000 barrels per day capacity Dangote Petroleum Refinery.

Three years after the enactment of the Petroleum Industry Act (2021) operators in the midstream and downstream sector of the oil and gas industry are set to

We awarded Dangote refinery even in their pre-commissioning and sooner than later, they will have full commission and a valid licence to operate,” Mr Ahmed said.

The Central Bank of Nigeria (CBN) yesterday told the House of Representatives that it lacks control over the price of Premium Motor Spirit (PMS), popularly

August 03, (THEWILL) - The Central Bank of Nigeria (CBN) has said it lacks control over the price of petrol and the foreign exchange rate between the Naira and dollar. A principal manager in CBN, Clement Osagie, said this when he appeared before the House ad-hoc committee, investigating the recent hike in the price of

The Central Bank of Nigeria on Wednesday said it had little or no control over the price of fuel or foreign exchange rate.A principal manager

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified that there is no overlap between the Nigerian Upstream

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has threatened to shut down any filing station and gas plant operating in

An official said that some organisations are operating outside the regulatory oversight which is not in accordance with the Petroleum...