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National Bureau of Statistics NBS

NBS: Kogi residents paid highest petrol price in June

The National Bureau of Statistics says Kogi residents paid the highest price for Premium Motor Spirit popularly known as petrol in June.
EDITORS NOTE: Graphic content / Singapore-flagged container ship Kota Singa is docked at the Apapa Port Complex in Lagos, Nigeria's economy hub, on April 8, 2019. - The Nigerian port is congested with hundreds of ships, idly queueing for days to offload containers with goods. Lagos port congestion is affecting port operations and creating a severe backlog at ports, causing carriers’ containers to be held in port for extra days, as well as creating several miles of truck traffic at roads that links to port gates. (Photo by PIUS UTOMI EKPEI / AFP)

16 ships loaded with petrol, commodities arrive Lagos ports

The Nigerian Ports Authority (NPA) announced on Thursday that sixteen ships conveying petrol and other commodities have arrived at the Apapa and Tin-Can Island Ports in Lagos.

BudgIT: Federal government should privatise state-owned refineries

BudgIT has called on President Buhari to privatize all government-owned refineries while also fully deregulate the petroleum downstream sector.

NPPAN: Palm oil will earn Nigeria huge forex

The National Palm Produce Association of Nigeria (NPPAN) says the country will benefit a lot from Crude Palm oil (CPO) as a leading foreign exchange earner with its price now 500 dollars per tonne against 426 dollars of crude oil.

Iran sanctions: India gets extra oil from major producers

India will get additional supplies from other major oil producing countries to compensate for the loss of Iranian oil, India’s Petroleum and Natural Gas Minister, Dharmendra Pradhan, said on Tuesday.

Petroleum prices: Petrol remains steady as kerosene, diesel climb

The Average price paid by consumers for premium motor spirit, PMS, popularly known as petrol, remains steady, as the price of kerosene, diesel others increased in the month of March 2019.

NUPENG urges Nigerians to stop panic buying of fuel

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Saturday called on Nigerians to stop panic buying of petrol and diesel as there was enough of the products in circulation.
Africa's richest man Aliko Dangote

Dangote refinery will transform Nigeria’s economy, eliminate fuel scarcity – Aliko

The President and Chief Executive Officer (CEO) of Dangote Group, Aliko Dangote, says his refinery will eliminate fuel scarcity and transform Nigeria’s economy for decades when it comes on stream.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

EFCC nabs 12 crew members, vessel for illegal oil bunkering

A team of operatives of the Economic and Financial Crimes Commission, EFCC, led by the Uyo Zonal Head, Mr. Abdulkarim Chukkol, has arrested 12 crew members and illegally bunkered diesel, (Automotive Gas Oil AGO), which were arrested by the Nigerian Navy.
People ride on a boat past A.P. Moeller-Maersk A/S branded shipping containers stacked at the Ladol free trade zone port in Lagos, Nigeria, on Tuesday, May 22, 2018. Ladol, a logistics hub for the offshore oil industry in Lagos, Nigeria, is mulling a stock-market listing and corporate bonds to expand its facilities and get more business from major production companies. Photographer: George Osodi/Bloomberg

NPA: 17 ships with petrol, others expected

The Nigerian Ports Authority (NPA), says in its daily publications ‘Shipping Position’ that it is expecting 17 ships bringing petroleum products, food and other goods from March 17 to March 29, at Apapa/Tin Can Island Ports.
Nigerian National Petroleum Corporation (NNPC)

NNPC records N12.13 billion trading surplus, 257 pipelines breaches in one month

The Nigerian National Petroleum Corporation (NNPC) on Sunday released its December 2018 financial and operations report, which indicates that it posted a trading surplus of ₦12.13 billion, a development it said sprang from the success recorded by its upstream subsidiary, the Nigerian Petroleum Development Company (NPDC).
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Court remands 19 men over vandalism, illegal dealing on diesel

Justice Rilwan Aikawa of the Federal High Court in Lagos yesterday remanded 19 suspected oil pipeline vandals for allegedly dealing in petroleum products without lawful authority.
National Bureau of Statistics NBS

NBS: Prices of diesel, kerosene rise in January

The National Bureau of Statistics (NBS), said the average prices paid by consumers for kerosene and diesel increased in January 2019.
National Bureau of Statistics NBS

NBS: Prices of diesel, kerosene rise in January

The National Bureau of Statistics (NBS) said the average prices paid by consumers for kerosene and diesel increased in January 2019.
Morocco has suspended its participation in the Saudi-led military coalition's fight against Yemen's Houthi rebels, government officials have said.

Morocco suspends participation in Saudi-led war in Yemen

Morocco has suspended its participation in the Saudi-led military coalition's fight against Yemen's Houthi rebels, government officials have said.
Lagos Port

30 ships arrive Lagos ports

Thirty ships carrying various products are at the Apapa and Tin-Can Island Ports waiting to berth, the Nigerian Ports Authority (NPA) said in its daily publications on Friday in Lagos.
The Dangote Oil Refinery jetty located at the Lekki Free Trade Zone, Lagos has received its first ever ship call. The ship named “BBC Naples”

20 ships to with various products to arrive Lagos ports

The Nigerian Ports Authority (NPA), says it is expecting 20 ships carrying petroleum products, foods and other goods to berth at the Apapa and Tin Can Island Ports from Jan. 29 to March.
The Nigerian National Petroleum Corporation (NNPC) says it is working to crash the price of cooking gas in the country.

NBS: Price of cooking gas decreased in December 2018

The National Bureau of Statistics said the average cost of refilling a five kilogramme (kg) cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased from N2,084.74 in November 2018 to N2,052.79 in December 2018.

Recent Stories

Supreme Court of Nigeria

Supreme Court dismisses suit challenging Borno governor’s nomination

The Supreme Court on Thursday dismissed a suit filed by Idris Mamman-Gatumbwa challenging the nomination of Governor Babagana Zulum by the All Progressives Congress (APC) as its governorship candidate for the 2019 general elections.

Federal government raises alarm over new cassava brown streak disease

The Federal Government has raised an alarm over a recent virile disease, Cassava Brown Streak Disease (CBSD), ravaging East and Central Africa now making its way to West Africa.

Cleric seeks end to 40 years marriage over sex denial after eight children

An Islamic cleric Ganiyu Salami, on Thursday approached an Igando Customary Court, Lagos, to end his 40 years marriage to Halimatu, for allegedly denying him sex and threatening his life.
Justice Darius Khobo of Kaduna State High Court, on Thursday, adjourned hearing in the application for permission to travel to India for medical attention filed by Ibrahim El-Zakzaky and his wife, Zinat, to July 29.

IMN kicks as court adjourns Ibraheem El-Zakzaky’s bail hearing

Justice Darius Khobo of Kaduna State High Court, on Thursday, adjourned hearing in the application for permission to travel to India for medical attention filed by Ibrahim El-Zakzaky and his wife, Zinat, to July 29.

CSOs give Governor Ayade 60 days to conduct council polls

A coalition of Civil Societies Organisations (CSOs) in Cross River, have given Governor Ben Ayade 60 days to conduct local government election in the state.