•Troops of the Nigerian Army Troops of the Nigerian Army have arrested 15 suspected oil thieves around the Ibeju Lekki axis of Lagos State. This is contained in an operational report made available to our correspondent today on in Abuja, reports NAN. The report revealed that the suspects were apprehended in the early hours of […]
•PETROAN President, Billy Gilly-Harris Oil marketers have called for liberalisation of the downstream sector, where other players with licenses will be allowed to import more Premium Motor Spirit (PMS) or petrol into the country. National President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gillis-H...
•TUC President, Comrade Festus Osifo The Trade Union Congress (TUC) has urged the federal government to deploy part of the excess revenue generated from higher-than-benchmarked crude oil prices to subsidise crude supplied to local refineries. TUC President, Comrade Festus Osifo gave the advice today, while briefing the media on State of the Na...
The Dangote Petroleum Refinery & Petrochemicals has slashed the ex-gantry price of Premium Motor Spirit (petrol) to N1,200 per litre, reversing its earlier increase amid a sharp drop in global crude oil prices triggered by geopolitical developments. The latest adjustment represents a N75 reduction from the previous price of about N1,275 pe...
•Dangote Refinery loading bay Amid rising geopolitical tensions in the Middle East and their ripple effects on global energy markets, the Dangote Petroleum Refinery has increased the gantry price of petrol and diesel, further tightening pressure on consumers and businesses across Nigeria. A top official at the refinery, who confirmed the devel...
•Dangote Refinery loading bay Nigeria’s Dangote refinery has boosted exports of petrol and urea to African countries hit by supply disruptions caused by the Iran war. Aliko Dangote said yesterday that the 650,000-barrels-per-day refinery had helped cushion the full impact of the crisis both in Nigeria and across the continent, reports Channels...
•Aliko Dangote Officials of the Dangote Petroleum Refinery are unaware of claims that seven crude cargoes have been allocated to it in May by the Nigerian National Petroleum Company Limited. Senior officials at the refinery told our correspondent that, although talks were ongoing with the NNPC, they could not confirm an increase in the refiner...
•Dr. Paul Alaje Chief Economist at SPM Professionals, Dr. Paul Alaje, has advised the federal government to partner with the Dangote Petroleum Refinery in providing palliatives to the masses following the escalation in the ongoing war between Iran and the United States. He gave the advice when he appeared as a guest on Channels Television [&he...
•Dangote Trucks at the gantry The Dangote Petroleum Refinery and Petrochemicals has reduced its gantry price for premium motor spirit (PMS), popularly known as petrol, to ₦1,200 per litre. Disclosing this in a statement sighted by our correspondent today, the spokesperson for the Dangote Group, Anthony Chiejina, said the refinery pegged its co...
Global oil prices took a dramatic turn today, jumping by five per cent, after dropping to $88 per barrel yesterday, according to market data. Brent hits $92.43 per barrel as of 10: 56 AM WAT, signalling a 5.27 per cent increase, reports Channels TV. It had initially hit over $100 per barrel on Monday as […]
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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