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NARTO Suspends Planned Nationwide Strike

The Nigerian Association of Road Transport Owners (NARTO) has suspended its planned nationwide strike. NARTO National President of NARTO, Othman Yusuf, directed members to immediately resume petroleum loading activities after a meeting held in Abuja.It was gathered that the meeting was attended by the Minister of State Petroleum Resources (Oil), …

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Fuel price ‘ll soon come down, says Cardoso

Pump prices of Premium Motor Spirit (PMS) petrol will moderate this year as government and private-owned refineries begin operation, Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso has said. Cardoso spoke on Wednesday, January 24, 2024 at the launch of the Nigerian Economic Summit Group (NESG) 2024 Macroeconomic Outlook Report …

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Dangote Refinery Receives Third Crude Shipment Of 1 Million Barrels, To Start Diesel and Aviation Fuel Production Mid-January 2024

In a big boost towards achieving Nigeria’s energy refining capacity and security, Nigeria’s Dangote refinery has received its next one-million-barrel crude oil cargo from Shell International Trading and Shipping Company Limited (STASCO), bringing the total to three million barrels at the facility’s Single-Point Mooring.Media investigation by The Commerce Africa that …

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Dangote Refinery Set To Commence Operations As First Crude Shipment Arrives

After a series of delays, the Dangote Refinery, a mammoth $19 billion project in Nigeria, is finally poised to commence fuel production as the first crude shipment arrives at the facility, marking a significant milestone for the country’s oil industry.Quoting industry sources and tanker tracking data, S&P Global, in a …

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