NNPC Petrol Price Remains Unchanged at N940 Per Litre – IPMAN Clarfies

Published

12 months ago

March 3, 2025

Photo source: Google

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated that the Nigerian National Petroleum Company (NNPC) has not reduced the price of premium motor spirit (PMS).

IPMAN’s spokesperson, Chinedu Ukadike, clarified that the ex-depot price of NNPC petrol remains N940 per litre, despite reports claiming a price drop to N860 in Lagos and Abuja.

When asked about the alleged price reduction, NNPC’s spokesperson neither confirmed nor denied the claims. A check on NNPC’s official X account also showed no announcement regarding a price change.

Ukadike emphasized that any adjustment in NNPC’s petrol price would typically be reflected on its portal for marketers, but as of now, there has been no such update.

“The ex-depot price of PMS is still N940 on NNPC’s portal. We have no information about any price reduction,” he said.

10 Businesses to Invest in 2026: Best Sectors, Stocks, and Companies to Watch

Published

2 weeks ago

February 17, 2026

Ese Ohwofa

MTN Nigeria Communications Plc (MTNN) – Strong telecom growth and 5G expansion.
Dangote Cement Plc (DANGCEM) – Leading cement maker benefiting from infrastructure demand.
Guinness Nigeria Plc (GUINNESS) – Consumer stock with solid turnaround potential.
Okomu Oil Palm Plc (OKOMUOIL) – Agriculture stock tied to palm oil demand.
Seplat Energy Plc (SEPLAT) – Energy player with gas and oil sector exposure.
Zenith Bank Plc (ZENITHBANK) – Tier-1 bank with strong financial performance.
Guaranty Trust Holding Company Plc (GTCO) – Leading bank with diversified revenue streams.
Presco Plc (PRESCO) – Palm oil producer with export and dividend potential.
NASCON Allied Industries Plc (NASCON) – FMCG stock with strong fundamentals.
Aradel Holdings Plc (ARADEL) – Growing energy sector stock with upstream exposure.

BATNF, NYSC Collaborate to Promote Agribusiness Among Corps Members

Published

1 month ago

January 28, 2026

Ese Ohwofa

It has been noted that the National Youth Service Corps (NYSC) and British American Tobacco Nigeria Foundation (BATNF) plan to renew their partnership in agribusiness.

The new project is to involve youth in the agriculture business, widen their horizons, and educate them about the agritech sector.

The general manager shared that “The foundation is not only providing grants but also building a system of mentorship, structure, and support that enables corps members to see agribusiness as a serious enterprise pathway.” The plan is to use the NYSC platform to engage youths.

Business

Government Pledges Support for Women in Livestock Development Says Minister Maiha

Published

3 months ago

December 12, 2025

Ese Ohwofa

Idi Mukhtar Maiha, Minister of Livestock Development, has revealed the government’s intention of placing women in the livestock transformation agenda that they have in store for Nigeria.

During a recent event, he praised women, describing them as the backbone of the country, and shared that the country will keep on needing their support, hence the inclusion of the agenda team.

He also praised the First Lady for the impact she has made in the country so far and her advocacy for women’s empowerment.