Ondo State Set for Multiple Refinery Projects
Ondo State is poised to become Nigeria's next energy hub as several companies finalize plans to establish refineries, creating thousands of jobs and transforming the regional economy.
Category : Search result: Automotive Gas Oil price
Dangote Refinery Cuts Petrol Price to ₦880.5/Litre
Dangote Refinery and its depots have significantly reduced petrol prices to ₦880.5 per litre, creating intense market competition and potential relief for Nigerian consumers.
Dangote Refinery Cuts Petrol Prices, Shakes Market
In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.
BMW Boosts Profitability Despite China Tariff Challenges
German automaker BMW showcases remarkable resilience as it navigates China's new tariff landscape while posting strong financial performance and maintaining competitive edge.
Toyota Raises Profit Forecast Amid Nigerian Tariff Concerns
Toyota Motor Corporation significantly increases its full-year profit projections amid weak yen and strong sales, but Nigerian consumers may bear the brunt through increased tariffs.
Cooking Gas Prices Surge Again: Scarcity Warning Issued
Nigerians face another round of cooking gas price hikes as dealers predict severe scarcity. Discover the causes and economic impact on households.
Nigeria's Oil Chief to Address Pan-African Parliament
NUPRC CEO Gbenga Komolafe set to share Nigeria's oil and gas regulatory expertise with African lawmakers, focusing on sustainable energy development and economic growth across the continent.
$5B Funding for 500,000bpd Nigerian Refinery
In a groundbreaking development for Nigeria's energy sector, a Canadian company has secured $5 billion funding to complete a massive 500,000 barrels per day refinery project, promising to transform the nation's oil and gas landscape.
Lagos gas truck disaster averted by quick response
Quick-thinking emergency services prevent potential catastrophe after 33,000-litre gas truck crashes and catches fire in Lagos, showcasing improved safety response protocols.
Cooking Gas Prices Surge: New Rates Shock Nigerian Households
Nigerian families face mounting pressure as cooking gas dealers announce sharp price increases nationwide. Discover the new rates for 12.5kg, 6kg, and 5kg cylinders and what's driving this energy crisis.
Activists Demand Oil Decommissioning Commission in Nigeria
Energy rights advocates stage powerful protest in Abuja, calling on National Assembly to pass crucial legislation addressing abandoned oil infrastructure and environmental hazards in Niger Delta communities.
Activists oppose Nigeria oil decommissioning commission
Environmental groups in Nigeria are fiercely opposing a new bill that would establish a commission for decommissioning oil and gas installations, warning it could worsen pollution in the Niger Delta region.
NNPC Implements Major Petrol Price Reduction in Nigeria
Nigerians celebrate as NNPC announces major fuel price cuts at retail stations nationwide, bringing relief to motorists and businesses.
Nigeria Cooking Gas Crisis: Prices Soar Amid Supply Issues
Nigerian households and businesses struggle as cooking gas scarcity hits major cities with depot owners increasing prices amid supply disruptions and logistical challenges.
Oil Company Entry-Level Package Stuns Nigerians
A Nigerian man's revelation of his entry-level compensation package at an oil company has sparked massive reactions online, with many stunned by the attractive benefits.
OPEC Poised for Major Oil Production Increase
OPEC+ considers significant oil output hike as energy markets face mounting pressure from supply disruptions and geopolitical tensions. Key decisions expected in upcoming meeting.
Four men fined for bride price assault in Anambra
Four men in Anambra State have been fined ₦50,000 each for brutally assaulting their brother-in-law over delayed bride price payment. The shocking family drama unfolded in Oba before the court delivered justice.
Exxon & Chevron Profits Dive as Oil Prices Fall
Major oil giants ExxonMobil and Chevron report significant profit declines as volatile crude prices impact Nigeria's energy sector and global markets.
Fuel Crisis: Petrol May Hit ₦1000/Litre in Nigeria
Nigerians face potential petrol price surge to ₦1000 per litre as oil marketers warn of dire economic consequences unless President Tinubu addresses critical issues immediately.
Nigeria: Africa's New Oil Trading Powerhouse Emerges
Nigeria is rapidly transforming into Africa's premier oil trading hub, positioning itself as the continent's next major growth frontier in global energy markets.
BYD Q3 Profit Jumps 33% as EV Giant Expands Globally
Chinese electric vehicle powerhouse BYD reports impressive 33% profit surge in Q3 2024, defying market slowdown and expanding global dominance with aggressive overseas strategy.
Stellantis Shares Fall Despite Sales Growth
Stellantis, the automotive giant behind Jeep, faces investor concerns as shares drop despite reporting increased sales. Discover the market forces behind this surprising downturn.
Cooking Gas Prices Set for Major Drop in Nigeria
Cooking gas marketers predict substantial price reduction as Nigeria targets 6 million metric tonnes to meet growing consumer demand and ease economic pressure on households.
Nissan Projects ₦2.6 Trillion Loss for 2025-26
Japanese automaker Nissan projects massive ¥180 billion operational loss for 2025-26 fiscal year. Company announces aggressive turnaround strategy including new models and cost reduction measures.
Volkswagen Reports €1 Billion Loss Amid Tariff Crisis
German automaker Volkswagen reports staggering €1 billion quarterly loss amid EU-China tariff tensions and Porsche challenges. Discover how this impacts global automotive markets.
Foreigners Arraigned Over ₦12B Oil Theft in Lagos
Nigeria's anti-graft agency EFCC has arraigned three foreign nationals before a Lagos court for allegedly stealing crude oil worth ₦12 billion from the country's territorial waters.
Mercedes Profit Plunge: Nexperia Chips Assured
Mercedes-Benz reports significant profit drop while reassuring investors about Nexperia chip supplies. Latest financial results show 30% EBIT decline as luxury car market faces headwinds.
Mercedes-Benz Profit Dives 30% Amid China Slump
German luxury automaker Mercedes-Benz reports massive profit decline amid Chinese market struggles and new European Union tariffs on electric vehicles.
Equinor's $251M Loss: Nigerian Oil Prices Plunge
Norwegian energy giant Equinor reports staggering $251 million quarterly loss as Nigerian crude prices tumble amid global market volatility. Discover how this impacts Africa's largest oil producer.
Nestoil Clarifies Receivership Situation with Lenders
Nestoil clarifies receivership situation, confirms lenders' action against subsidiary while maintaining business stability. Get exclusive details on the corporate development.
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