Tag: PMS

Customs auction N14.8m petrol in Lagos after dismantling fuel smuggling network

Business Damilola Bayonle -
Customs auction N14.8m petrol in Lagos as anti-smuggling crackdown intensifies The Nigeria Customs Service has escalated its enforcement drive against...

Petrol price surge: Marketers urge FG to subsidise crude to avert fuel shock

Business Damilola Bayonle -
Nigeria’s downstream petroleum sector is once again under pressure as a recent uptick in global crude oil prices triggers...

Petrol price war escalates as fuel stations crash prices below Dangote benchmark

Business Damilola Bayonle -
Nigeria’s downstream petroleum market is witnessing one of its fiercest competitive phases in years, as several fuel retailers have...

IPMAN eyes refinery ownership, orders members to buy Dangote fuel to end imports

Business Damilola Bayonle -
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has unveiled an ambitious plan that could significantly reshape Nigeria’s downstream...

Dangote Refinery Dismisses Shutdown Rumours, Assures 40m Litres Daily

Business Damilola Bayonle -
The Dangote Petroleum Refinery has debunked widespread rumours alleging an operational shutdown, assuring Nigerians that it continues to supply...

Nigeria Imports 25m litres of Petrol Everyday-FG

News Omolola Akinyemi -
On Wednesday, the Federal Government announced that Nigeria's daily petrol consumption has reduced to 50 million litres, with local...