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 …
petrol price
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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 …
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KEY POINTS Dangote Petroleum Refinery has pushed back against suggestions that the fall in petrol pump prices was sparked by the Federal Government’s decision to halt a fifteen per cent …
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KEY POINTS Nigeria’s petroleum marketers are considering stepping back from fuel importation after the Dangote Petroleum Refinery took another slice off its ex-depot price, shifting the balance of competition in …
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KEY POINTS Although it provides some respite for drivers, the Nigerian National Petroleum Company Limited‘s, NNPC decision to lower the pump price of gasoline by ₦10 per litre at its …
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In the NewsOil & Gas
Nigeria’s Petrol Prices Jump 38% as Subsidy-Free Market Spurs Regional Disparities
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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Energy Transition
Marketers Criticize Dangote Refinery’s ₦990/Litre Petrol Price, Push for Competition
PETROAN claims imported petrol is cheaper, calls for fair pricing