A fuel levy for the country remains an open case; and the burden of proof lies with those who insist that this is a “bridge, ...

A SaharaReporters' review of the Nigerian National Petroleum Company Limited (NNPCL) financial statement for the year ended ...

Dangote Petroleum Refinery has reaffirmed its position on the ongoing dispute with the Depot and Petroleum Products Marketers Association of Nigeria, insisting that it would not absorb logistics costs ...

ABUJA (Reuters) - Nigeria's finance minister said on Thursday she had ordered a slow down to fuel subsidy payments to allow verification that they are for genuine deliveries, an effort to combat fraud ...

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the country has saved a staggering $20 billion following the removal of the petrol subsidy and the ...

IPMAN has claimed the NMDPRA has failed to pay long-standing debts despite years of promises, and warns that continued delays ...

LONDON/ABUJA, May 8 (Reuters) - Fuel shortages are set to worsen in Nigeria as international traders and local marketers back away from imports over fears that the cash-strapped new government will ...

Unveils groundbreaking new book titled ‘The Shadow of Loot & Losses: Uncovering Nigeria's Petroleum Subsidy Fraud’. The Shadow of Loot & Losses is not just a chronicle of fraud, It is a call to action ...

Its only September but Nigerians are already dreading Christmas. For years, the holiday season has been marred by paralysing fuel shortages, grinding business to a halt. Nigeria's fuel subsidy bill ...

LAGOS, Aug 31 (Reuters) - Nigeria's state oil company recorded a 5.34 billion naira ($14 million) cost for fuel in June, months after it changed its pricing method in an effort to eliminate subsidies.

Johannesburg — More than 140 people were killed and dozens more injured Tuesday night when a fuel tanker crashed and then exploded in Nigeria, local officials said. A police spokesperson said the ...

When President Bola Tinubu approved a 15% import duty on petrol and diesel in October 2025, his advisers framed it as a strategic move: protect billions of dollars of new refining investment, conserve ...