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petrol

  • 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 …

  • Oil & Gas

    Nigeria’s Petrol Price Remains Lowest in West Africa Despite Naira Devaluation

    by Motoni Olodun February 20, 2024
    by Motoni Olodun February 20, 2024

    Nigeria, Africa’s largest oil producer, has the cheapest petrol price in West Africa, even after the recent devaluation of its currency, the naira, against the US dollar. According to data …

  • Energy Transition

    UK pushes back deadline for petrol and diesel car ban to 2035

    by Motoni Olodun September 21, 2023
    by Motoni Olodun September 21, 2023

    The UK government has announced that it will delay the new petrol and diesel car ban by five years, sparking criticism from environmental groups and opposition parties. The ban, which …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Dangote Refinery Raises Petrol Price to N995 Per Litre as Global Oil Costs Surge
Iran Conflict Pushes Global Oil Prices Above $90

Latest Stories

Dangote Refinery Raises Petrol Price to N995 Per Litre...
Iran Conflict Pushes Global Oil Prices Above $90
Nigeria’s Power Grid Struggles as Only Eight Plants Generate...

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