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Petrol Prices

  • In the News

    Petrol Prices in Nigeria Rise as it Nears N1,500/Litre

    by Ikeoluwa Juliana Ogungbangbe September 14, 2026
    by Ikeoluwa Juliana Ogungbangbe September 14, 2026

    KEY POINTS Fresh pressure is mounting on petrol prices across Nigeria after the Dangote Petroleum Refinery raised its ex-gantry price by N85 per litre, pushing the wholesale cost of Premium …

  • In the News

    Makinde: Petrol Subsidy Debate Should Focus on Pricing

    by Ikeoluwa Juliana Ogungbangbe September 5, 2026
    by Ikeoluwa Juliana Ogungbangbe September 5, 2026

    KEY POINTS Oyo State Governor and Allied Peoples Movement (APM) presidential candidate, Seyi Makinde, has called for a change in the way Nigerians debate the removal of petrol subsidy, arguing …

  • In the NewsOil & Gas

    Refinery Restart May Lower Petrol Prices — Marketers

    by Oluwatosin Racheal Alabi May 6, 2026
    by Oluwatosin Racheal Alabi May 6, 2026

    KEY POINTS Petroleum marketers in Nigeria have hinted that petrol prices may drop soon, following fresh efforts by the Nigerian National Petroleum Company Limited, NNPCL, to restart key local refineries. …

  • In the NewsMarketsOil & Gas

    NLC Urges Federal Government to Intervene as Petrol Prices Soar to N1,300 per Litre

    by Ikeoluwa Juliana Ogungbangbe March 16, 2026
    by Ikeoluwa Juliana Ogungbangbe March 16, 2026

    KEY POINTS The Nigeria Labour Congress, NLC, has called on the Federal Government to urgently intervene following the sharp increase in petrol prices, which have climbed to between N1,230 and …

  • In the NewsMarketsOil & Gas

    FG Insists on Market-Based Petrol Pricing Despite Global Oil Market Volatility

    by Ikeoluwa Juliana Ogungbangbe March 12, 2026
    by Ikeoluwa Juliana Ogungbangbe March 12, 2026

    KEY POINTS The Federal Government has reaffirmed its commitment to maintaining a market-driven pricing regime for petrol, stressing that it will not impose price controls even as escalating geopolitical tensions …

  • In the NewsMarketsOil & Gas

    Middle East Conflict May Push Petrol Price to ₦2,000 Per Litre – Marketers Warn

    by Ikeoluwa Juliana Ogungbangbe March 10, 2026
    by Ikeoluwa Juliana Ogungbangbe March 10, 2026

    KEY POINTS The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has warned that petrol prices in Nigeria could soar to nearly ₦2,000 per litre if the ongoing crisis …

  • Oil & Gas

    NNPCL Raises Petrol Price Again, Marking Second Hike in 24 Hours

    by Oluwatosin Racheal Alabi March 9, 2026
    by Oluwatosin Racheal Alabi March 9, 2026

    KEY POINTS The Nigerian National Petroleum Company Limited, ,NNPCL, has increased its petrol pump price for the second time in less than 24 hours, following a gantry price hike by …

  • In the NewsOil & Gas

    Why Petrol Prices Keep Changing in Nigeria — NMDPRA Blames Market Forces

    by Ikeoluwa Juliana Ogungbangbe March 9, 2026
    by Ikeoluwa Juliana Ogungbangbe March 9, 2026

    KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has explained that the recent fluctuations in petrol pump prices across Nigeria are the result of market forces under …

  • In the NewsOil & Gas

    Petrol Prices Fall Again to ₦1,034 Per Litre in Nigeria

    by Ikeoluwa Juliana Ogungbangbe February 28, 2026
    by Ikeoluwa Juliana Ogungbangbe February 28, 2026

    KEY POINTS The cost of petrol across Nigeria eased again in January 2026, offering motorists a bit of breathing space after months of high fuel expenses. Fresh figures released by …

  • In the NewsOil & Gas

    Dangote Refinery Warns Petrol Prices Could Hit N1,400 if Nigeria Leans on Imports

    by Oluwatosin Racheal Alabi January 8, 2026
    by Oluwatosin Racheal Alabi January 8, 2026

    KEY POINTS Dangote Refinery has warned that Nigeria’s fuel prices could more than double if the country keeps relying on imported petrol instead of refining it at home. This has …

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