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Dangote Refinery receives 1 million barrels of Agbami crude grade from...

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...A major step towards boosting Nigeria’s domestic refining capacity Friday, DEC 08 2023-theGBJournal|Dangote Petroleum Refinery and Petrochemicals plant has purchased 1 million barrels of Agbami...

Diesel price spikes to N836.81 per litre in March 2023 as...

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FRI, APRIL. 21 2023-theGBJournal |The average retail price of Automotive Gas Oil (Diesel) and petrol nationwide rose in the month of March, according to...

Analysis| Premium Motor Spirit under-recovery cost expected to settle at N3.55...

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SAT, 07 MAY, 2022-theGBJournal | According to the recently released data from the Nigerian National Petroleum Corporation (NNPC), the corporation incurred N245.77 billion as...

NNPC names 4 firms responsible for importing fake petrol from Antwerp-Belgium,...

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THUR 10 FEB, 2022-theGBJournal- The Nigerian National Petroleum Company (NNPC) Limited has reassured Nigerians of its capacity to restore sanity in the supply and...

Product prices jump in March 2021, with big leap in petrol

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By Azuka Christopher THUR 15 APRIL, 2021-theGBJournal- Sharp rise in consumer prices was recorded in March with the biggest leap in the cost of premium...

Electricity Tariff and Premium Motor Spirit Committee report ready for implementation

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TUE 23 FEB, 2021-theGBJournal- The Federal Government and Organised Labour have adopted for implementation, the report of the Technical Committee on Electricity Tariff. Minister for...

FG inaugurates bipartite technical committee on PMS pricing framework

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TUE, 15 DEC, 2020-theGBJournal- The Federal Government Monday inaugurated the Technical Committee on Premium Motor Spirit (PMS) Pricing Framework. Inaugurating the Committee in Abuja, Minister...

FG effectively ends subsidy, deregulates petrol price

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FRI, JUN 05 2020-theG&BJournal- The Federal Government have deregulated petrol pricing in the country, effectively ending the subsidy regime which for years placed fiscal...

Nigeria imported 20.89bn litres of petrol in 2019, distributed 20.58bn

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WED, MAY 20 2020-theG&BJournal- The National Bureau of Statistics data of Petroleum Products Imports and Consumption for full year 2019 published today shows that...