A potential petrol price drop Nigeria may be on the horizon as marketers react to plans by the Nigerian National Petroleum Company Limited to restart key refineries. Industry stakeholders say the development could increase local fuel supply and reduce pump prices across the country. NNPCL signs deal to revive refineries The Nigerian National Petroleum Company…
Dangote Refinery has increased its petrol price, raising the ex-depot rate by N75 to N1,350 per litre. The latest Dangote fuel price hike comes just days after a previous adjustment, signalling continued changes in Nigeria’s downstream oil market. New price takes effect after recent adjustment The refinery had earlier increased its price from N1,200 to…
Petrol prices in Nigeria are rising again, with the petrol price Nigeria 2026 now approaching N1,400 per litre following a fresh adjustment by the Dangote Refinery. The latest increase reflects ongoing pressure in the global oil market and has triggered fresh concerns among businesses and consumers across the country. Petrol Price Nigeria 2026 Climbs Amid…
The Dangote Refinery has announced a Dangote petrol price increase, raising the cost of Premium Motor Spirit (PMS) to N1,275 per litre. The Dangote petrol price increase comes amid operational changes and rising global crude oil prices, sparking concerns about further fuel cost hikes nationwide. Details of the Dangote petrol price increase Data from industry…
Dangote Group is subsidising petrol and diesel prices in Nigeria, according to a senior official of the company. The Dangote refinery petrol subsidy was disclosed on Monday, with the official stating that the company’s ex-depot petrol price remains below the competitive market rate. Petrol Price Below Market Level The official, who spoke anonymously due to…
