11 Sep, 2025
2 mins read

Dangote Cuts Fuel Price, Marketers Scramble

Dangote Refinery has reduced its ex-depot price for Premium Motor Spirit (PMS), also known as petrol, from N880 to N840 per litre, triggering nationwide reactions among fuel marketers and consumers alike. The announcement, made on Monday, July 1, 2025, comes after weeks of fluctuating fuel prices and supply uncertainties, with prices reaching as high as […]

4 mins read

Marketers Urge Dangote Refinery to Sell Petrol Below N800 per Litre

Amid growing concerns over the cost of Premium Motor Spirit (PMS), also known as petrol, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Dangote Petroleum Refinery to reduce its pump price to below N800 per litre. Currently, petrol is being sold at between N815 and N825 per litre from the Dangote […]

3 mins read

Dangote Cuts Petrol Prices Again in Response to Oversupply

In a renewed effort to assert market dominance and offer relief to Nigerian consumers, the Dangote Petroleum Refinery has announced a second round of price cuts on Premium Motor Spirit (PMS), reducing petrol prices to between N875 and N905 per litre across Nigeria. This adjustment represents a N15 per litre reduction and is seen as […]

4 mins read

Petrol Price War Shuts Down Nearly 5,000 Fuel Stations

The Nigerian downstream petroleum sector is currently facing a severe crisis, with over 4,900 petrol retail outlets shutting down operations due to intense financial pressures brought about by volatile fuel pricing. This alarming trend was confirmed by key stakeholders in the oil marketing industry who attribute the closures to unpredictable price fluctuations by the Dangote […]

4 mins read

IPMAN Raises Alarm as SGR Undercuts Petrol Price to N899/Litre

In a bold market move that has reignited pricing wars in Nigeria’s deregulated petroleum sector, SGR, an independent oil marketer, has reduced the pump price of premium motor spirit (PMS) to N899 per litre in Ogun State — the lowest in the country. The development has triggered mixed reactions from stakeholders, with the Independent Petroleum […]

3 mins read

BREAKING: Dangote Refinery Cuts Petrol Price to N865 per Litre

In a significant development that is poised to provide relief to millions of Nigerians, the Dangote Refinery has officially reduced the ex-depot price of premium motor spirit (PMS), commonly known as petrol, from N880 to N865 per litre. This N15 reduction comes as a direct response to the federal government’s renewed commitment to the Naira-for-Crude […]