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petrol

  • In the NewsMarketsOil & Gas

    Nigeria’s Petrol Consumption Drops to 56.9m Litres Daily as Local Refining Gains Ground

    by Ikeoluwa Juliana Ogungbangbe March 11, 2026
    by Ikeoluwa Juliana Ogungbangbe March 11, 2026

    KEY POINTS Nigeria’s average daily consumption of Premium Motor Spirit (PMS), commonly known as petrol, declined to 56.9 million litres per day in February 2026, down from 60.2 million litres …

  • In the NewsMarketsOil & Gas

    Nigeria’s Petrol Import Bill Hits ₦4 Trillion in Just Six Months as Refining Lags

    by Oluwatosin Racheal Alabi September 13, 2025
    by Oluwatosin Racheal Alabi September 13, 2025

    KEY POINTS Nigeria has spent a staggering ₦4 trillion ($2.58 billion) on petrol imports in the first half of 2025, according to fresh trade data that underscores the country’s stubborn …

  • Oil & Gas

    Nigeria’s Petrol Price Remains Lowest in West Africa Despite Naira Devaluation

    by Motoni Olodun February 20, 2024
    by Motoni Olodun February 20, 2024

    Nigeria, Africa’s largest oil producer, has the cheapest petrol price in West Africa, even after the recent devaluation of its currency, the naira, against the US dollar. According to data …

  • Energy Transition

    UK pushes back deadline for petrol and diesel car ban to 2035

    by Motoni Olodun September 21, 2023
    by Motoni Olodun September 21, 2023

    The UK government has announced that it will delay the new petrol and diesel car ban by five years, sparking criticism from environmental groups and opposition parties. The ban, which …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Nigeria Cuts Airline Debts as Jet Fuel Price Surge Sparks Shutdown Threat
Tanzania Opens Energy Week in Dodoma as Lawmakers Push for Faster Rural Electrification

Latest Stories

Nigeria Cuts Airline Debts as Jet Fuel Price Surge...
Tanzania Opens Energy Week in Dodoma as Lawmakers Push...
Nigeria’s TCN Logs 131 Vandalism Cases as Grid Hits...

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