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Tag: petrol price

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 […]

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 […]

Lekki Deep Seaport berths largest container ship on Nigerian waters
Oil and Gas

129,000MT petrol vessels arrive Lagos amid surging fuel prices

As Nigerians contend with rising petrol prices, vessels carrying 129,000 metric tonnes of Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel) are expected to dock at Lagos Ports between March 14 and 17, 2026. This came as officials of the Nigerian Midstream and Downstream Petroleum Regulatory Authority explained why some importers were still importing […]

featured Oil and Gas

We cut fuel price to ease Nigerians’ burden — Dangote Refinery

The management of Dangote Petroleum Refinery has announced a latest price reduction aimed at easing the sufferings of Nigerians. The refinery made this known in a statement issued on Wednesday. It stated: “This decision underscores our commitment to maintaining a pricing structure that remains sensitive to global market trends and reflective of our principles of […]

Oil and Gas

Dangote Refinery slashes petrol price by ₦100 to ₦1,075

Dangote Petroleum Refinery has reduced its ex-depot prices for Premium Motor Spirit and Automotive Gas Oil. This marks the first downward adjustment after several sharp increases recorded in recent days. According to the refinery’s latest pricing template released on March 10, 2026 as seen on petroleumprice.ng, the gantry price of petrol has been cut by […]

PETROAN dismisses fuel scarcity fears amid naira-for-crude controversy
featured Oil and Gas

BREAKING: Dangote refinery raises petrol price to ₦875/litre amid crude surge

The Dangote Petroleum Refinery has raised its Premium Motor Spirit gantry price by N101 per litre, increasing the ex-depot rate from N774 to N875 per litre. This adjustment has intensified worries about impending nationwide fuel price hikes. A senior official at the refinery confirmed the change to The PUNCH on Monday. The official explained that […]

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