fuel prices

KEY POINTS Nigeria continues to maintain one of the lowest fuel prices globally despite recent increases linked to geopolitical tensions in the Middle East. Data from GlobalPetrolPrices.com shows fuel in …

KEY POINTS Dangote Refinery has announced another upward review of its petrol pricing, raising the gantry price of Premium Motor Spirit (PMS) from ₦1,175 to ₦1,245 per litre, a ₦70 …

KEY POINTS The Dangote Refinery has increased its ex-gantry price for Premium Motor Spirit (PMS), commonly known as petrol, to N1,175 per litre, marking a N100 rise from its previous …

KEY POINTS Nigeria’s fragile progress in slowing inflation is facing renewed pressure as a fresh surge in fuel prices spreads across the economy, raising fears that the country could slip …

KEY POINTS The Chief Executive Officer of Dangote Petroleum Refinery & Petrochemicals, David Bird, has reaffirmed the refinery’s readiness to compete in Nigeria’s petroleum market under an import-parity pricing system, …

KEY POINTS Nigeria’s growing domestic refining capacity may improve energy security and reduce dependence on imports, but it cannot completely shield the country from fluctuations in global fuel prices, according …

KEY POINTS Global oil prices rose sharply on Tuesday as escalating tensions in the Middle East raised concerns about a prolonged conflict and the potential disruption of global energy supply. …

KEY POINTS MRS Oil Nigeria Plc announced a sharp increase in petrol prices at its retail outlets, raising the cost of Premium Motor Spirit to nearly N975 per litre. The …

KEY POINTS Oil marketers in Nigeria, PETROAN, are raising fresh concerns that the escalating military confrontation involving the United States, Iran and Israel could soon hit home in the form …

KEY POINTS Nigeria’s energy conversation has long been dominated by a familiar promise from the Dangote Group: once local refining begins at scale, fuel will become cheaper, scarcity will disappear, …