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Independent Africa

Nigerian government has no plan to increase fuel prices

Nigeria's President, Bola Tinubu, has provided reassurance to the nation's citizens, confirming that the existing petrol price will remain unchanged as there is "no...

News

COPEC forecasts increase in petrol, diesel prices within 48hrs

The Chamber of Petroleum Consumers (COPEC) has forecasted a potential 5.7% increase in fuel prices during the upcoming second pricing window of August 2023,...

Business

COPEC to increase increase fuel prices in first pricing window of August

In the current pricing window, the Chamber of Petroleum Consumers (COPEC) has projected a slight increase in fuel prices. According to the Executive Secretary of...

Business

Nigeria: CSOs call on FG to rescind increase in fuel prices

The Federal Government has been urged by civil society organizations to stop the current rise in fuel prices and move quickly to implement palliative...

Independent Africa

Fuel truck explosion in Nigeria claims 8 lives

In southwestern Nigeria, a fuel truck exploded as locals tried to siphon gasoline out of it, killing at least eight people, according to authorities...

Independent Africa

Nigerian unions outraged about petrol price increase

Labour unions in Nigeria are expressing strong discontent over the recent surge in fuel prices throughout the country and have issued a warning to...

Business

Nigeria: Marketers adjust pumps as fuel price hits N617/litre

At several gas stations run by the Nigerian National Petroleum Company Limited in Abuja, the price of Premium Motor Spirit, also known as gasoline,...

Business

Profit making, a challenge for Ghanaian oil marketing firms – CEO of AOMC laments

The chief executive officer of the Association of Oil Marketing Companies, has indicated that a significant number of OMCs are struggling to turn a...

Headline

Over 7.6m liters of fuel trapped in tanks as Tankers Drivers’ Union strike

Following the Ghana National Tankers Drivers' Union strike, the Tema petroleum Company has reported that more than 7.6 million liters of petroleum are stuck...

Independent Africa

MPs in Kenya agree to double taxes on fuel

In Kenya, Members of Parliament (MPs) have approved a measure to double the value-added tax (VAT) on fuel from 8% to 16%. This decision...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia