petrol price Archives

Crude falls to $98/barrel yet petrol prices stay high — Report

Crude oil prices including Nigeria’s Bonny Light has dropped significantly to $98 per barrel amid growing speculation that the United States-Iran war — a major factor driving the current market instability — may soon come to an end. But contrary to expectations pump prices in Nigeria remained high as marketers who had responded swiftly with […]

aadelekepdnlimited-com
8th May 2026
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featured Oil and Gas

Dangote Refinery says petrol price remains unchanged nationwide

Dangote Petroleum Refinery and Petrochemicals Limited has stated that the price of Premium Motor Spirit, also known as petrol, remains unchanged, reaffirming that its ex-depot price has not been adjusted. In a statement, the refinery noted that maintaining its current pricing underscores its commitment to supporting stability in the domestic energy market and cushioning the […]

aadelekepdnlimited-com
6th May 2026
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featured Oil and Gas

Dangote Refinery raises petrol price to ₦1350/litre

Dangote Refinery has effected another upward price adjustment, raising its ex-depot price of Premium Motor Spirit to N1,350 per litre. The latest adjustment, confirmed on Wednesday by a senior official of Dangote Refinery and pricing platform Petroleumprice.ng, represents a N75 increase from the previous N1,275 per litre, reinforcing a pattern of frequent price recalibrations that […]

aadelekepdnlimited-com
6th May 2026
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Oil and Gas

Petrol price hit ₦1,288.54/litre in March — NBS

The National Bureau of Statistics says the average retail price of a litre of petrol witnessed an increase from N1,051.47 in February to N1,288.54 in March. The NBS said this in its Premium Motor Spirit (Petrol) Price Watch for March, released in Abuja on Tuesday. It said that the March price of N1,288.54 represented a […]

aadelekepdnlimited-com
28th April 2026
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featured Oil and Gas

Dangote slashes petrol price to ₦1,200/litre amid global oil crash

The Dangote Petroleum Refinery & Petrochemicals has slashed the ex-gantry price of Premium Motor Spirit (petrol) to N1,200 per litre, reversing its earlier increase amid a sharp drop in global crude oil prices triggered by geopolitical developments. The latest adjustment represents a N75 reduction from the previous price of about N1,275 per litre, which the […]

aadelekepdnlimited-com
8th April 2026
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featured Oil and Gas

US-Iran war: Dangote Refinery’s petrol price hits ₦1,275, diesel ₦1,950

Amid rising geopolitical tensions in the Middle East and their ripple effects on global energy markets, the Dangote Petroleum Refinery has increased the gantry price of petrol and diesel, further tightening pressure on consumers and businesses across Nigeria. A top official at the refinery, who confirmed the development to our correspondent on Tuesday night, said […]

aadelekepdnlimited-com
8th April 2026
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Transportation

FCT residents groan as petrol price hits over ₦1,300/litre

Motorists and residents in the Federal Capital Territory are facing mounting hardship due to the persistent rise in the pump price of Premium Motor Spirit (petrol), triggering higher transportation costs and driving up the cost of living. The News Agency of Nigeria reported that many fuel stations previously sold petrol between N875 and N880 per […]

aadelekepdnlimited-com
5th April 2026
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Cocoa hits largest weekly gain in 24 years at $6,470 as Nigeria's supply drops

Business

High fuel costs disallow cocoa processors amid price slump

Nigeria’s cocoa processors are struggling to benefit from the recent cocoa price collapse, with the industry failing to capitalise on cheaper raw materials after prices plunged 83 per cent from 2024 peaks. The price drop, which has seen cocoa trade around N2.5 million per metric ton from a 2024 peak of N15 million, ought to […]

aadelekepdnlimited-com
2nd April 2026
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featured Food

Fuel price surge hikes food costs in Lagos markets — Report

Food prices across major Lagos markets surged in March 2026 as rising petrol costs drove up transportation and logistics expenses, triggering widespread increases in staple commodities. This is according to a Nairametrics Research physical market survey tracking 68 food items across Mushin, Daleko, Mile 12, and Oyingbo markets. The data shows a sharp reversal from […]

aadelekepdnlimited-com
30th March 2026
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featured Oil and Gas

Dangote Refinery raises petrol price to ₦1,245/itre

Dangote Petroleum Refinery has announced a fresh increase in the price of Premium Motor Spirit, also known as petrol. The refinery cited escalating global geopolitical tensions and rising crude oil costs as the driving factors. In a notice sent to petroleum marketers late Friday, the refinery revealed that its ex-depot (gantry) price would rise from […]

aadelekepdnlimited-com
21st March 2026
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187 Views

featured Oil and Gas

Vietnam’s petrol prices surge over 20% amid Middle East war

The cost of petrol rose by more than 20 per cent in Vietnam on Friday following an overnight government announcement of a price hike amid concerns over oil and gas shortages triggered by the Middle East conflict. Southeast Asian nations, including Vietnam, have faced significant impacts from surging diesel prices due to strikes on energy […]

aadelekepdnlimited-com
20th March 2026
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PETROAN dismisses fuel scarcity fears amid naira-for-crude controversy

featured Oil and Gas

Imported petrol cheaper than local by ₦94.53/litre — MEMAN

The landing cost of imported petrol stands at N94.53 cheaper than the domestic gantry price, according to a report by the Major Energies Marketers Association of Nigeria. Over 156 million litres of petrol arrived in Nigeria within recent days. In its latest weekly report, MEMAN disclosed that the landing cost of imported petrol as of […]

aadelekepdnlimited-com
19th March 2026
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183 Views

Dangote Cement plans 10% share sale in London

C&I Leasing posts ₦532.84m pre-tax profit in Q1

Eterna Q1 profit doubles as revenue hits ₦70.5bn

MTN shareholders approve ₦167.9m remuneration for chairman Ndukwe

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Tag: petrol price

Crude falls to $98/barrel yet petrol prices stay high — Report

Dangote Refinery says petrol price remains unchanged nationwide

Dangote Refinery raises petrol price to ₦1350/litre

Petrol price hit ₦1,288.54/litre in March — NBS

Dangote slashes petrol price to ₦1,200/litre amid global oil crash

US-Iran war: Dangote Refinery’s petrol price hits ₦1,275, diesel ₦1,950

FCT residents groan as petrol price hits over ₦1,300/litre

High fuel costs disallow cocoa processors amid price slump

Fuel price surge hikes food costs in Lagos markets — Report

Dangote Refinery raises petrol price to ₦1,245/itre

Vietnam’s petrol prices surge over 20% amid Middle East war

Imported petrol cheaper than local by ₦94.53/litre — MEMAN

Atiku faults NNPCL, China deal on Port Harcourt.

Lagos issues 14 operators licences to boost electricity.

Dangote Cement plans 10% share sale in London.

PenCom to deploy tools for states pension compliance.

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