KEY POINTS Oil marketers across Nigeria are raising alarm over the mounting pressure on their operations following a sharp increase in petrol pump prices, a situation they attribute to the …
petrol price
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KEY POINTS The Federal Government, through the Nigerian National Petroleum Company Limited, NNPC, has begun sourcing crude oil from international traders to support operations at the Dangote Petroleum Refinery amid …
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In the NewsMarketsOil & Gas
Dangote Refinery Raises Petrol Price to N995 Per Litre as Global Oil Costs Surge
KEY POINTS The Dangote Refinery has raised the ex-gantry price of Premium Motor Spirit, petrol, to N995 per litre, marking a N121 increase from its previous rate of N874 per …
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In the NewsMarketsOil & Gas
NNPC Raises Petrol Price to N933 in Lagos and N960 in Abuja as Global Oil Prices Climb
KEY POINTS Motorists across Nigeria are facing another surge in petrol prices after the Nigerian National Petroleum Company Limited, NNPC, increased pump prices at its retail outlets. The national oil …
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KEY POINTS The Dangote Petroleum Refinery has increased the price of Premium Motor Spirit (PMS), commonly known as petrol, from N774 to N874 per litre at its gantry. The N100 …
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In the NewsOil & Gas
Petrol Could Approach N1,000/Litre If Marketers Choose Costly Coastal Logistics — Dangote Refinery
KEY POINTS Dangote Refinery has cautioned that petrol prices in Nigeria could rise close to N1,000 per litre if fuel marketers rely heavily on coastal shipping for product evacuation and …
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KEY POINTS Oil marketers across Nigeria say the recent surge in petrol pump prices is squeezing their businesses, making it increasingly difficult to raise enough capital to purchase products from …
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KEY POINTS The price of Premium Motor Spirit (PMS), which is also known as petrol, has gone up by ₦100 per litre across Nigeria. This is a big change in …
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In the NewsMarketsOil & Gas
NNPC Cuts Petrol Price to N815 as Competition Heats Up in Nigeria Fuel Market
KEY POINTS As competition in the downstream oil market intensifies, the Nigerian National Petroleum Company Limited, NNPC, has once again reduced the price of fuel at its retail locations by …
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KEY POINTS Aliko Dangote has said Nigerians should not be paying more than N740 per litre for petrol nationwide, setting out an aggressive push to force prices down as his …