Wednesday, May 22, 2024
More

    Latest Posts

    Tinubu appoints governing board members for 111 tertiary institutions

    President Bola Tinubu has approved the appointments of at least 555 persons to serve as Pro-chancellors/Chairmen and members of Governing Boards of 111 federal...

    Burkina Faso, Mali, Niger form new confederation after exiting ECOWAS

    Burkina Faso, Mali, and Niger have finalised plans to form a new confederation, the Confederation of the Alliance of Sahel States, marking a geopolitical...

    Emefiele trial: How I paid $600,000 bribe to ex-CBN staff for contract, witness tells court

    A contractor with the Central Bank of Nigeria, Victor Onyejiuwa, on Friday, told the Lagos State Special Offences Court in Ikeja that he had...

    I’ll support Obi in 2027 if PDP decides – Atiku

    The 2023 presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has said that if in 2027, the party decides that it is the...

    #FuelPriceHike: Petrol price now N212.61 per litre – PPPRA

    The Petroleum Products Pricing Regulatory Agency has revealed in a new monthly template that the price of Premium Motor Spirit, also known as petrol, has reached N212.6 per litre.

    According to the template which the PPPRA released midnight, petrol is expected to sell at a lower retail price of N209.61 and at an upper retail price of N212.61. Nigerian marketers usually use the upper band for pump price.

    The expected ex-depot price, as seen in the template, is N206.42, while the landing cost is N189.61.

    With ex-depot price standing at N206.42 per litre, the March template shows that the landing cost for petrol per litre is N189.61.

    This is despite the Nigerian Petroleum Corporation saying there won’t be any change in the price of PMS in the month of March.

    The NNPC had promised that petrol price would remain static in March to allow smooth negotiations between the government and labour unions, but the PPPRA template follows the increasing price of crude at the international market as well as instability in exchange rate.

    Latest Posts

    Tinubu appoints governing board members for 111 tertiary institutions

    President Bola Tinubu has approved the appointments of at least 555 persons to serve as Pro-chancellors/Chairmen and members of Governing Boards of 111 federal...

    Burkina Faso, Mali, Niger form new confederation after exiting ECOWAS

    Burkina Faso, Mali, and Niger have finalised plans to form a new confederation, the Confederation of the Alliance of Sahel States, marking a geopolitical...

    Emefiele trial: How I paid $600,000 bribe to ex-CBN staff for contract, witness tells court

    A contractor with the Central Bank of Nigeria, Victor Onyejiuwa, on Friday, told the Lagos State Special Offences Court in Ikeja that he had...

    I’ll support Obi in 2027 if PDP decides – Atiku

    The 2023 presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has said that if in 2027, the party decides that it is the...

    Don't Miss

    I can marry someone my parents don’t accept – Singer Nasboi

    Singer Nasboi has revealed that he does not need his parents' approval before marrying a woman he loves. In a recent interview with Tacha on...

    Kogi PDP crisis deepens as 13 chairmanship aspirants reject consensus candidate

    The crisis rocking the Kogi State Chapter of the People’s Democratic Party has reached a high point as 13 chairmanship aspirants on Tuesday rejected...

    Fans left concerned after Skales posted a video of his face covered in blood

    Fans and followers of Nigerian singer Skales have been left in a state of worry and concern after he posted a video of his...

    Ikeja DisCo slashes Band A tariff to N206.80/kwh

    The Ikeja Electricity Distribution Company has slashed the tariff payable by its Band A customers to N206.80 per kilowatt-hour from the N225/kWh approved by...

    Niger forces arrest Nigerian bandit kingpin, Kachallah Mai Daji

    In the fight against cross-border banditry, the Niger Armed Forces have apprehended a notorious Nigerian bandit kingpin known as Kachallah Mai Daji near the...

    Stay in touch

    To be updated with all the latest news, offers and special announcements.