Petrol

1 Minute

National

NNPC Increases Petrol Price

VAM News January 21, 2025 0 Comment

News Update THE Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of petrol, also known as Premium Motor Spirit, from N965 to N990 per litre in Abuja. The adjustment follows a...

1 Minute

Business National

Depots Jerk Up Petrol Price

VAM News January 14, 2025 0 Comment

News Update Petrol loading costs at depots across Nigeria increased on Monday due to higher crude oil prices. Depots raised prices for petrol and diesel by up to 10%, prompting concerns about potential increases...

1 Minute

National

Inside Nigeria: Customs Announces Sale Of Petrol At N400/Litre

VAM News December 30, 2024 0 Comment

News Update THE Nigeria Customs Service (NCS) has declared that the 15,325 litres of seized Premium Motor Spirit (PMS), fondly called petrol, will be auctioned off at N400 per litre. The National Coordinator of...

1 Minute

National

Nigeria Customs Sell Seized Petrol At N630/litre

VAM News December 22, 2024 0 Comment

News Update THE Nigeria Customs Service, NCS, has auctioned seized petrol at ₦630 per litre in ibadan, the Oyo state capital. The move is part of their efforts to crackdown on fuel smuggling and...

1 Minute

National

Like Dangote, NNPCL Reduces Petrol Price

VAM News December 21, 2024 0 Comment

News Update THE Nigerian National Petroleum Company Limited (NNPCL) has reduced its ex-depot prices of Premium Motor Spirit, petrol to N899 from N1020 per litre for oil marketers. Petroleum Products Retail Outlets Owners Association...

2 Minutes

Business National

Jubilation as Dangote Refinery Reduces Fuel Price (New Amount)

VAM News December 19, 2024 0 Comment

News Update Dangote Petroleum Refinery has announced a reduction in prices of Premium Motor Spirit (PMS), also known as petrol, to N899.50 per litre, saying the move was to offer relief to Nigerians during...

1 Minute

National

Fuel Price Reduced

VAM News December 14, 2024 0 Comment

News Update THE Nigerian National Petroleum Company Limited, NNPCL, has reduced the price of Premium Motor Spirit (petrol) across its retail outlets in the Federal Capital Territory, Abuja. Correspondents who visited NNPCL retail outlets...

1 Minute

National

Fuel Price To Reduce Ahead Christmas As Landing Cost Drops

VAM News December 13, 2024 0 Comment

News Update THE cost of importing petrol into Nigeria has decreased to N900.28 per litre, reflecting a reduction from last week’s N936.75 per litre. This marks a 3.62% drop as reported by energy marketers....

2 Minutes

Business National

NNPCL Slashes Petrol Price For Marketers

VAM News November 30, 2024 0 Comment

News Update The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has announced a reduction in the price of Premium Motor Spirit (PMS) by the Nigerian National Petroleum Company Limited (NNPCL), with the...

2 Minutes

Business National

Fuel price reduction announced

VAM News November 13, 2024 0 Comment

News Update THE Independent Petroleum Marketers Association of Nigeria has announced that Premium Motor Spirit (Petrol) price will be slashed by N50 upon lifting Dangote Petrol directly. The National President of IPMAN, Abubakar Maigandi,...