Fuel price

The Nigerian National Petroleum Company Limited recorded a profit after tax of N502bn in November 2025, sustaining its profitability streak despite a decline in crude oil and condensate production during the month. Punch reports.…

The Dangote Petroleum Refinery says it has reduced the price of its Premium Motor Spirit from N990 per litre to N970/litre. The PUNCH reports that this is the amount marketers would buy the product from the refinery. In a…

The Nigeria Labour Congress said on Thursday that President Bola Tinubu betrayed organised labour, using the price of Premium Motor Spirit, commonly called petrol, as bait. The organised labour stated that at the negotiation…

The Federal Government has denied a report suggesting that the Ministry of Petroleum Resources ordered the Nigerian National Petroleum Company Limited to sell fuel at N1,000 above the approved pump price. The report claimed…

Many depots for Premium Motor Spirit, popularly called petrol, are currently dry, leading to fuel scarcity and attendant queues in Lagos, Ogun, parts of Abuja, Niger, and some other states across the country. The PUNCH reports…