Online News Magazine
Online News Magazine
The Dangote Petroleum Refinery has announced a new adjustment in the price of Premium Motor Spirit (PMS), setting the gantry price at ₦799 per litre and the pump price at ₦839 per litre across MRS filling stations nationwide. During the 2025 Christmas and New Year celebrations, the refinery had temporarily reduced prices to ease household […]
By Tunde Ojudun Farouk Ahmed, erstwhile CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), just days after Aliko Dangote accused him of corruption in a petition to the ICPC has resigned. The allegations include abuse of office, illicit enrichment, and the misappropriation of public funds. Ahmed’s resignation, confirmed Tuesday by the State […]
In a compelling move that reaffirms its unwavering commitment to enriching the lives of customers beyond just their engines, Ardova Plc (AP), Nigeria’s leading integrated energy company, has launched the AP Visco 2000 Instant Reward Promo—a nationwide initiative designed to give back to the customers who have fuelled the brand’s growth through their loyalty, trust, […]
At the West African Refined Fuel Conference in Abuja, Dr. Aliko Dangote, President/CEO of Dangote Petroleum Refinery, unveiled a troubling paradox in Nigeria’s oil ecosystem: despite being a major crude-producing nation, local refiners like his are forced to buy Nigerian crude oil from international middlemen—and at a premium. In his words: “Rather than buying crude […]
The foremost security provider in Nigeria, Tantita Security Services Nigeria Limited (TSSNL) has been confirmed as the official sponsor of the 2025 Offshore Technology Conference scheduled to hold in Houston Texas, United States between 5 and 8 May, 2025 . Executive Director, Technical and Operations, Tantita Security Services Limited, Captain Wareddi Enisuoh, in an interview […]
President Bola Ahmed Tinubu this morning sacked the Group Managing Director of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari. He was replaced with Bashir Ojulari whose appointment took immediate effect from April 2, 2025. The President’s Special Adviser on Information and Strategy, Bayo Onanuga, announced this in a press statement he issued early this […]
The President of Dangote Group, owners of Dangote Refinery, Lagos, Dr. Aliko Dangote, has stated emphatically that his refinery has enough petrol in storage to sufficiently meet the local needs of Nigeria as well as other countries. Dangote disclosed at the weekend that the oil refinery has “more than half a billion litres of petroleum […]
Heirs Energies, Africa’s foremost indigenous energy champion, will host the 2025 Heirs Energies Leadership Forum: Industry Leaders Discourse (ILD) on Thursday, 20 February 2025, at the Transcorp Hilton, Abuja. This high-level convening unites government decision-makers, global energy CEOs, and sector pioneers to forge actionable strategies for accelerating Nigeria’s oil production growth. The forum, themed “Nigeria’s […]
Oando PLC, Africa’s leading integrated energy company listed on both the Nigerian Exchange Grpup (NGX) and Johannesburg Stock Exchange (JSE), announced a strong financial performance for the Full Year (FY) 2024 with a 45% growth in revenue to N4.1 Trillion compared to N2.9 Trillion in FY 2023 results. The company’s 2024 performance showcases a consistent […]
The Dangote Petrochemical Refinery has explained that its recent increase in the price of Premium Motor Spirit (PMS), commonly called petrol, to the rising cost of crude oil in global markets. According to a statement issued on Sunday, January 19, 2025, via its official X handle, the refinery announced an adjustment in its ex-depot price […]
