PMS

KEY POINTS The Dangote Petroleum Refinery has stopped selling Premium Motor Spirit, commonly known as petrol, to major oil marketers that continue to import petroleum products into Nigeria. The decision …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has approved 830,000 tonnes of Premium Motor Spirit imports for the fourth quarter of 2026 as tighter global fuel …

KEY POINTS The Federal Government and the Nigerian National Petroleum Company Limited, NNPCL, have been urged to revive the country’s government-owned refineries as rising international crude oil prices continue to …

KEY POINTS Fresh pressure is building on petrol prices in Nigeria after the estimated landing cost of petrol rose to ₦1,311.36 per litre, exceeding the current ₦1,265 per litre gantry …

KEY POINTS Dangote Petroleum Refinery and Petrochemicals has raised concerns about the continued importation of Premium Motor Spirit (PMS), commonly known as petrol, despite the growing capacity of domestic refineries …

KEY POINTS The Dangote Petroleum Refinery has announced fresh reductions in the ex-depot prices of Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (diesel), in a …

KEY POINTS The average retail price of Premium Motor Spirit (PMS), popularly known as petrol, increased significantly in May 2026, rising by 55.31 per cent compared to the same period …

KEY POINTS Nigerians spent an estimated ₦5.43 trillion on petrol, commonly known as petrol, in the first quarter of 2026, amid rising fuel prices and ongoing tensions in the downstream …

KEY POINTS Dangote Reduces Ex-Depot Petrol PriceDangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS) by N25 per litre, lowering the gantry price from N799 to …

KEY POINTS Dangote Petroleum Refinery has reaffirmed its ability to meet and surpass Nigeria’s daily fuel consumption, announcing it can supply up to 75 million litres of Premium Motor Spirit …