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  • In the NewsMarketsOil & Gas

    Nigeria’s Petrol Import Bill Hits ₦4 Trillion in Just Six Months as Refining Lags

    by Oluwatosin Racheal Alabi September 13, 2025
    by Oluwatosin Racheal Alabi September 13, 2025

    KEY POINTS Nigeria has spent a staggering ₦4 trillion ($2.58 billion) on petrol imports in the first half of 2025, according to fresh trade data that underscores the country’s stubborn …

  • In the NewsMarketsOil & Gas

    Nigerian Petrol Prices Ease Slightly in July as Inflation Slows

    by Oluwatosin Racheal Alabi August 21, 2025
    by Oluwatosin Racheal Alabi August 21, 2025

    KEY POINTS In July, Nigeria’s petrol prices slightly decreased, providing little respite to consumers from months of high energy prices that still have a significant impact on household budgets and …

  • In the NewsOil & Gas

    Diesel Prices Surge to N1,813/Litre in Nigeria as Cost Pressures Mount

    by Oluwatosin Racheal Alabi August 1, 2025
    by Oluwatosin Racheal Alabi August 1, 2025

    KEY POINTS Nigerians are paying significantly more to power their generators and heavy-duty vehicles as diesel prices continue to climb. Energy News Africa reports that the average retail price of …

  • In the NewsOil & Gas

    Nigeria’s Petrol Prices Jump 38% as Subsidy-Free Market Spurs Regional Disparities

    by Oluwatosin Racheal Alabi July 31, 2025
    by Oluwatosin Racheal Alabi July 31, 2025

    KEY POINTS The average price of petrol in Nigeria surged to ₦1,037.66 per litre in June, up nearly 40% from a year earlier, as government deregulation continues to ripple through …

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Nigeria’s Oil Boom: Record Production in September 2023

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Latest Stories

Dangote Refutes Allegations of Cheaper Petrol Sales Abroad
Libya’s Oil Chief Meets Schlumberger to Bolster Well Services
Eskom Moves to Replace Burnt Transformer After Month-Long Blackout...

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