fuel price

The Digest: Dangote Refinery has raised the ex-depot price of Premium Motor Spirit (PMS) from N820 to N850 per litre, marking a N30 hike. This comes after the refinery resumed its petrol sales following a suspension, pushing petrol marketers to pay more for supplies. The price rise will lead...

The Digest: The Nigerian National Petroleum Company (NNPC) has reduced the petrol price to N875 per litre in Lagos and N900 in Abuja, just days after a price hike. This move marks a N40 per litre decrease in both cities, providing some relief for consumers. Key Points: NNPC cuts petrol...

The Digest: Fuel prices in Nigeria have jumped, nearing N1,000 per litre, prompting a blame game between petroleum product marketers and retailers. NNPCL outlets in Abuja, Kogi, and Nasarawa increased prices by N65, causing a nationwide fuel cost hike. 🔹 Key Points NNPCL increased the pump...

The Digest: Nigerian petrol marketers are set to reduce the price of Premium Motor Spirit (petrol) nationwide starting Monday. This anticipated cut follows Dangote Refinery's recent reduction in its ex-depot petrol price, creating Market Ripples across the downstream sector and offering...

Relief trickles slowly, but Nigerians are seeing modest drops in petrol prices as independent marketers respond to Dangote Refinery’s recent ex-depot price cut. In a country where each naira saved matters, the change may offer short-term breathing space. According to reports from Daily Post...