Tag: fuel price hike

Crude oil hits $112 as Nigeria battles fresh petrol price surge and rising costs

Business Damilola Bayonle -
Crude oil prices surge above $112 as global tensions drive petrol spike in Nigeria Nigeria’s energy market is facing renewed...

Petrol may hit N1,000/litre as Dangote hikes price amid global oil market turmoil

Business Damilola Bayonle -
Petrol may hit N1,000/litre as Dangote hikes price amid global crude volatility Retail fuel prices across Nigeria may soon surge...

Petrol price above N1,000 per litre looms as Tinubu approves 15% tariff

Business Damilola Bayonle -
Nigerians may soon grapple with a fresh wave of fuel price hikes, as the recent approval by President Bola...

Dangote refinery suspends petrol sales in naira, sparks market fear and labour dispute

Business Damilola Bayonle -
The Dangote Petroleum Refinery has again unsettled Nigeria’s downstream sector with its decision to halt the sale of petrol...

Dangote Refinery fuel price controversy: NUPENG levies spark consumer outrage

Business Damilola Bayonle -
Africa’s richest man and President of the Dangote Group, Aliko Dangote, has accused the Nigerian Union of Petroleum and...

Naira-for-crude Crisis: FG Panel to Reconvene on Monday

News Damilola Bayonle -
The Federal Government's panel on naira-for-crude is set to reconvene on Monday to address the ongoing crisis, which has...

Naira-for-Crude Negotiations Collapse: Fuel Price Hike Looms

News Damilola Bayonle -
The Nigerian National Petroleum Company Limited (NNPCL) and Dangote Petroleum Refinery have failed to reach an agreement on the...