Tag: Petrol price Nigeria

Petrol price falls below ₦1,300 as Dangote cuts prices, refinery battles government over crude supply

Business Damilola Bayonle -
IBADAN, Nigeria — Petrol prices fell below ₦1,300 per litre at several filling stations in Ibadan, Lagos and Ogun...

Petrol prices hit N1,300 after 643% surge since subsidy removal as oil nears $100

Business Damilola Bayonle -
The price of Premium Motor Spirit (PMS), popularly known as petrol, has risen by approximately 643 per cent in...

Dangote slashes petrol price to N1,200 as Trump-Iran ceasefire crashes oil market

Business Damilola Bayonle -
Nigeria’s fuel pricing landscape witnessed another sharp shift on Wednesday as Dangote Petroleum Refinery reversed its recent petrol price...

Fuel Shock: Dangote petrol price hike again as costs hit N1,275/Litre

Business Damilola Bayonle -
Nigeria’s downstream oil sector faced fresh turbulence on Saturday as a new Dangote petrol price hike pushed the ex-depot...

Why petrol price drops slowly in Nigeria — MEMAN reveals the real reasons

Business Damilola Bayonle -
Nigeria’s downstream petroleum market continues to generate debate as consumers grapple with persistent fuel price volatility. Industry operators have...

Dangote fuel price hike sparks fresh debate as petrol import ban divides Nigerian marketers

Business Damilola Bayonle -
Nigeria’s downstream petroleum industry is facing renewed tension as marketers and energy stakeholders debate the Federal Government’s decision to...

FCCPC begins nationwide monitoring to stop petrol price manipulation in Nigeria

Business Damilola Bayonle -
Nigeria’s consumer protection watchdog has intensified surveillance of the downstream petroleum sector as concerns grow over possible petrol price...

Experts warn of fuel monopoly as states urged to revive modular refineries across Nigeria

Business Damilola Bayonle -
States urged to revive modular refineries amid monopoly fears Stakeholders in Nigeria’s energy sector have called on state governments to...

Petrol marketers retain old prices despite N95 Gantry reduction by Dangote Refinery

Business Damilola Bayonle -
The Nigerian fuel market is experiencing a striking disparity as petrol marketers retain old prices, even after a significant...

Dangote Refinery reduces petrol price to N1,075 per litre as diesel costs fall sharply

Business Damilola Bayonle -
Nigeria’s downstream petroleum market has received a fresh development after Dangote Petroleum Refinery announced a reduction in the ex-depot...

Domestic Refineries Won’t Stop Fuel Price Volatility in Nigeria – CPPE Warns

Business Damilola Bayonle -
Nigeria’s growing domestic refineries capacity may strengthen energy security and reduce reliance on imported fuel, but it cannot fully...

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...