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petrol price

  • In the NewsMarketsOil & Gas

    Dangote Refinery Raises Petrol Price to N995 Per Litre as Global Oil Costs Surge

    by Oluwatosin Racheal Alabi March 8, 2026
    by Oluwatosin Racheal Alabi March 8, 2026

    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 …

  • In the NewsMarketsOil & Gas

    NNPC Raises Petrol Price to N933 in Lagos and N960 in Abuja as Global Oil Prices Climb

    by Oluwatosin Racheal Alabi March 5, 2026
    by Oluwatosin Racheal Alabi March 5, 2026

    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 …

  • In the News

    Petrol Price Jumps Again as Dangote Refinery Raises Ex-Depot Rate to N874 Per Litre

    by Ikeoluwa Juliana Ogungbangbe March 3, 2026
    by Ikeoluwa Juliana Ogungbangbe March 3, 2026

    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 …

  • In the NewsOil & Gas

    Petrol Could Approach N1,000/Litre If Marketers Choose Costly Coastal Logistics — Dangote Refinery

    by Oluwatosin Racheal Alabi February 6, 2026
    by Oluwatosin Racheal Alabi February 6, 2026

    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 …

  • In the NewsMarketsOil & Gas

    Petrol Price Hike Leaves Marketers Struggling to Fund Fuel Purchases

    by Oluwatosin Racheal Alabi February 2, 2026
    by Oluwatosin Racheal Alabi February 2, 2026

    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 …

  • In the NewsMarketsOil & Gas

    Dangote Refinery Raises Petrol Price by ₦100 Per Litre

    by Ikeoluwa Juliana Ogungbangbe January 28, 2026
    by Ikeoluwa Juliana Ogungbangbe January 28, 2026

    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 …

  • In the NewsMarketsOil & Gas

    NNPC Cuts Petrol Price to N815 as Competition Heats Up in Nigeria Fuel Market

    by Oluwatosin Racheal Alabi January 5, 2026
    by Oluwatosin Racheal Alabi January 5, 2026

    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 …

  • In the NewsMarketsOil & Gas

    Dangote Pushes N740 Petrol Cap as Refinery Takes Aim at Price Sabotage

    by Oluwatosin Racheal Alabi December 15, 2025
    by Oluwatosin Racheal Alabi December 15, 2025

    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 …

  • In the NewsOil & Gas

    Dangote Refinery Rejects Claims Linking Petrol Price Drop to Tariff Suspension

    by Oluwatosin Racheal Alabi November 18, 2025
    by Oluwatosin Racheal Alabi November 18, 2025

    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 …

  • In the NewsMarkets

    Marketers Weigh Import Halt as Dangote Cuts Petrol Price Again

    by Oluwatosin Racheal Alabi November 14, 2025
    by Oluwatosin Racheal Alabi November 14, 2025

    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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