Imported Petrol Cheaper Than Domestic, Vessels Deliver 156M Litres Amid Rising Prices
The landing cost of imported petrol in Nigeria is currently N94.53 cheaper than the domestic gantry price, according to the ...
Read more
Tag: #NMDPRA
Modular Refineries Supplied Only 2.37% of Nigeria’s Diesel Demand — NMDPRA
Nigeria’s modular refineries supplied an average of 2.37 per cent of the country’s diesel demand between November 2025 and January ...
Read more
Marketers Hail Planned Resumption of Fuel Import Permits by NMDPRA
Petroleum marketers have expressed optimism over indications that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) will resume the ...
Read more
Nigeria Set to Resume Petrol, Diesel Import Permits by Mid-February 2026
Nigeria may resume the issuance of petrol and diesel import permits as early as mid-February 2026, marking the first approvals ...
Read more
Nigeria Saves Over N6 Trillion on Petroleum Imports Through Bold Downstream Reforms – NMDPRA
Nigeria’s downstream petroleum sector has saved over N6 trillion in petroleum product imports in just the first nine months of ...
Read more
Fuel Availability Improves as Petrol Supply Hits 74.2m Litres Daily in December — NMDPRA
Fuel availability and national stock levels improved significantly in December 2025, with petrol supply rising to 74.2 million litres per ...
Read more
Lokpobiri Tasks New NMDPRA Chief on Ending Tanker Explosions, Boosting Downstream Growth
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has urged the newly appointed Chief Executive of the Nigerian ...
Read more
Tinubu Seeks Senate Confirmation for 21 Nominees to NUPRC, NMDPRA Boards
President Bola Tinubu has written two separate letters to the Senate, seeking confirmation of 21 nominees for the boards of ...
Read more
Dangote Alleges NMDPRA CEO Spent $5 Million on Children’s Swiss Schooling, Calls for Investigation
Founder and President/Chief Executive of the Dangote Group, Aliko Dangote, has accused the Chief Executive Officer of the Nigerian Midstream ...
Read more
NMDPRA Licenses JEX Markets, Sets Stage for Nigeria’s First Gas Trading, Clearing and Settlement Platform
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has formally licensed JEX Markets as Nigeria’s pioneering gas trading, clearing ...
Read more
Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.