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Nigeria’s petrol imports hit N2.52trn

The cost of Premium Motor Spirit, also known as petrol, imported into Nigeria from January to September this year surged by 55.56 per cent...

Forex crisis: Petrol may sell above N340/litre

The pump price of Premium Motor Spirit, popularly called petrol, may go higher than the projected N340/litre in February 2022 when the Federal Government...

JUST IN : Panic as explosion rocks Abeokuta

There was major panic Sunday morning in Lafenwa area of Abeokuta, Ogun State as tanker, loaded with Premium Motor Spirit (PMS or petrol) exploded. Babatunde...

FG to replace fuel subsidy with N5,000 monthly grant for poor...

The Minister of Finance, Budget, and National Planning, Zainab Ahmed, says the federal government will remove fuel subsidies by 2022 and replace them with...

Why petrol may sell for N170/litre – Fuel marketers

The pump price of Premium Motor Spirit, popularly called petrol, may rise from the current N162-N165/litre to N170/litre, while its depot price is projected...

Terrorists procure Walkie Talkies in Buhari’s Katsina to beat telecoms shutdown

Terrorists operating in Katsina State are using Radio Frequency Walkie Talkie Transceivers to overcome the shutdown of telecommunications service in the state, the state...

Subsidy on petrol to hit N3trn, says PPMC

The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has said the annual subsidy on Premium Motor Spirit (petrol) will...

Ex-Emir Sanusi : FG indulging in illegality on payment of petroleum...

Former Emir of Kano, Alhaji Muhammad Sanusi II, has said the federal government is indulging in illegality by paying petroleum subsidy from the federation...

Nigerian govt move to close gap between official, ‘black market’ exchange...

Zainab Ahmed, minister of finance, budget and national planning, says the fiscal authority ministry is working with the Central Bank of Nigeria (CBN) to...

Katsina arrest 3 females for colluding with bandits

The Katsina State Police Command has arrested three females for allegedly supplying fuel to bandits. According to the police, the suspects were arrested on Thursday,...

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