Jet fuel is one of an airline's biggest expenditures, typically accounting for around 30% of all costs, totaling billions of dollars per year. Its price can therefore significantly influence each ...

Reports on the leadership crisis in the Lagos house of assembly and the death of 22 soldiers in Borno dominate the frontpages. Oil marketers have revealed that the landing cost of petrol as of ...

76.84m imported petrol Meanwhile, fresh findings have shown that oil marketers imported a total sum of 57,301 metric tonnes of fuel between Tuesday, January 21, 202,5 and Wednesday, January 22 ...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) had initially advocated a 180-day suspension on fuel imports to give Dangote Refinery a chance to prove its capacity.

This shift comes despite the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) 's earlier advocacy for a 180-day suspension of fuel imports to promote local refining.