Tag: Nigeria energy market

Petrol price in Nigeria may hit N900 as oil prices fall and Dangote boosts fuel supply

Business Damilola Bayonle -
Nigerian motorists may soon experience relief at filling stations as declining global crude oil prices and expanding domestic refining...

Fuel price surge sparks fresh inflation fears as petrol may approach N2,000 per litre in Nigeria

Business Damilola Bayonle -
Fuel price surge threatens Nigeria’s fragile inflation recovery Nigeria’s fragile progress in stabilising inflation is facing renewed pressure as rising...

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...

Nigeria’s petrol demand soars 34% to 63.7m litres daily as economic activity rebounds

Business Damilola Bayonle -
Economic expansion fuels 34% jump in Nigeria’s petrol demand Nigeria’s renewed economic momentum is beginning to reflect in energy...

Petrol importation Nigeria 2025: Why imports still dominate despite Dangote refinery boom

Business Damilola Bayonle -
Nigeria’s long-standing dependence on petrol importation persisted throughout 2025, despite the emergence of large-scale domestic refining, underscoring the depth...

Nigeria achieves N371bn petrol exports as Dangote refinery reshapes energy market

Business Damilola Bayonle -
Nigeria has achieved a milestone in its oil and gas sector, recording petrol exports worth N371.54 billion in the...