Tuesday, April 30, 2024
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Tag "Major Oil Marketers Association of Nigeria"

FX volatility: Give speculators reason to invest their dollars, MOMAN tells FG

    FX volatility: Give speculators reason to invest their dollars, MOMAN tells FG

Clement Isong, the chief executive officer of the Major Oil Marketers Association of Nigeria (MOMAN), says the federal government need to find a way to move the foreign exchange (FX)

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TIMELINE: Bad fuel, foul fuel, off-spec — Nigeria’s history with bad petrol

    TIMELINE: Bad fuel, foul fuel, off-spec — Nigeria’s history with bad petrol

On Tuesday, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said it found methanol above national specifications in the imported gasoline. The regulator said efforts to remove the contaminated

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PPMC: Petrol subsidy will escalate to N3tn annually under current market conditions

    PPMC: Petrol subsidy will escalate to N3tn annually under current market conditions

The Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), says the annual subsidy on petrol may rise to N3 trillion under current market realities.

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