A fierce petrol price war is reshaping Nigeria's fuel market as independent marketers slash prices below Dangote's N739 rate. Discover how this battle for customers is impacting motorists and the industry's future.
The landmark fuel supply agreement between Dangote Refinery and 20 major marketers collapses after pricing disputes. Falling global costs trigger a surge in imports, reshaping Nigeria's downstream market. Read the full analysis.
Dangote Refinery now sells petrol directly to independent marketers, slashing prices to N699/litre after a pricing dispute with depot owners. This major shift boosts competition and supply.
Nigerians can expect cheaper petrol as Dangote Refinery prepares to deliver fuel to marketers at zero transport cost from January 2026, significantly reducing logistics expenses and pump prices nationwide.
Singer Ajobi discusses the evolution of Nigeria's music industry, highlighting improved production, global Afrobeats influence, and the power of digital platforms for independent artists. Read his insights.
Governor Douye Diri pledges independent power plants to end Bayelsa's 29-year blackout. Get details on the new city and stadium projects announced.
Bayelsa Governor Douye Diri pledges independent power plants by end-January 2026, ending 29 years of blackouts. He made the vow at the Mgbidi 2026 crusade.
Nnamani Music Group is shifting focus from viral hits to rights administration and royalty collection, creating a sustainable infrastructure for African artists. Discover their strategy for global viability.
Governor Douye Diri asks Bayelsa residents for understanding as the 60MW independent power project faces delays but is over 90% complete. Target inauguration set for February anniversary.
Nigeria's NNPC scored zero in ICPC's 2025 Ethics and Integrity Scorecard, ranking last among 357 agencies. This shock result raises major governance concerns despite the oil company's recent profit announcements.
NNPC Limited reports record N5.4 trillion profit while directors' fees jump to N4.1 billion. Zero staff resignations in 2024 as administrative costs surge. Read the full analysis.
Prime Minister Benjamin Netanyahu announces a massive $110 billion investment over 10 years to develop Israel's own arms industry, aiming to reduce reliance on foreign suppliers like the US.
Independent fuel marketers lament plummeting sales after Dangote Refinery slashes petrol price to N739 per litre at MRS stations nationwide. Discover the market shift and financial strain.
US President Donald Trump confirms the US will retain crude oil and tankers seized near Venezuela, intensifying pressure on President Nicolás Maduro. Read the latest on the escalating crisis.
Trex Petroleum and Energy Limited has awarded four offshore professionals for outstanding safety performance at its 2025 Focus on Safety Initiative in Lagos. Discover the champions of offshore safety.
The Nigerian government suspends a controversial 15% fuel import duty to avoid festive season price hikes. Experts warn of policy inconsistency and the need for long-term energy security. Read more.
Dangote Refinery's ₦699/litre petrol price triggers a market shift. Marketers abandon private depots, forcing massive price cuts. Daily truck loading exceeds 2,000. Read the full analysis.
Oyo Governor Seyi Makinde inaugurates new OYSIEC members, urging independence & transparency for upcoming LG polls. He vows elections before 2027 tenure ends. Read more.
Women in Maritime & Energy (WIME) commends President Tinubu for appointing Mrs. Oritsemeyiwa Eyesan as the first female Chief Executive of Nigeria's upstream oil regulator. Read more on this milestone for gender inclusion.
The Independent Petroleum Producers Group (IPPG) announces indigenous firms now account for over 50% of Nigeria's crude oil and gas production. Discover the impact on energy security and sector growth.
Despite the Petroleum Industry Act, Nigeria's oil sector remains mired in opacity. NEITI recovers billions, but Dangote Refinery clashes with NMDPRA, exposing deep-seated governance failures. Read the full analysis.
The House of Representatives Committee on Host Communities commits to enforcing the Petroleum Industry Act, ensuring oil-producing areas get their full benefits. Read about the new oversight and funding model.
Petroleumprice.ng honours Aliko Dangote, MRS Oil, Rainoil, and others in its first industry awards. Winners were chosen via a hybrid model of public votes and expert judges. Read the full list.
HURIWA condemns the Nigerian Army for the killing of Ugochukwu Oghenekaro Bonny in Warri, calls for an independent investigation and warns against militarisation of civilian spaces. Justice is a test for the military.
Lagos State government warns community silence fuels pipeline vandalism and explosions. Officials urge residents to report illegal activities for collective safety. Read more.
The Nigerian Senate has confirmed Saidu Mohammed and Oritsemeyiwa Eyesan as CEOs of NMDPRA and NUPRC. Read about their confirmation process and the expectations for Nigeria's oil sector.
Analysis of why Tanzania's December 9, 2025, passed peacefully despite calls for mega protests. Citizens chose stability, rejecting external narratives of chaos. Read the full story.
Outgoing NMDPRA CEO Farouk Ahmed dismisses allegations of spending $5m on children's education abroad, invites anti-graft agencies to investigate. Senators Oshiomhole and Jimkuta celebrate his exit, while new nominees chart ambitious reform paths for Nige
Senators Adams Oshiomhole and David Jimkuta hailed the removal of Farouk Ahmed and Gbenga Komolafe, criticizing policies that hurt local refining. Read their demands for the new nominees.
President Bola Tinubu nominates Oritsemeyiwa Eyesan, an NNPC veteran with 33 years of experience, as the new Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Discover her career journey and strategic impact on Nigeria's oi