Petrol prices across Nigeria have remained elevated despite a significant decline in global crude oil prices, which fell to about $73 per barrel on Wednesday, […]
Tag: Petrol
Petrol Price May Drop to N900 Per Litre as Oil Prices Fall, Marketers Say
The price of Premium Motor Spirit (petrol) could fall to as low as N900 per litre in the coming days if the proposed peace agreement […]
Hormuz Closure Dampens Hopes of Petrol Price Drop in Nigeria
Fresh tensions in the Middle East have dealt a blow to expectations of lower fuel prices in Nigeria, following Iran’s decision to shut the Strait […]
Importers Undercut Dangote Refinery as Petrol Drops Below ₦860/Litre
A fierce petrol price war is unfolding as fuel importers slash prices below those offered by the Dangote Petroleum Refinery, challenging Africa’s largest refinery and […]
Petrol Hits N945 in Abuja, N915 in Lagos as Global Tensions and Depot Price Surge Squeeze Nigerian Consumers
Nigerians were hit with another wave of fuel price hikes on Monday as petrol pump prices surged to N945 per litre in Abuja and N915 […]
Dangote’s Price Shocks Cripple 4,900 Petrol Stations as Independent Marketers Fight for Survival
More than 4,900 petrol retail outlets across Nigeria have shut down operations as independent petroleum marketers battle crippling financial losses, erratic pricing, and regulatory uncertainty […]
Nigeria Provides Fuel Aid to Niger Amid Crisis, Using It as a Strategic Bargaining Tool
Niger Republic, facing a severe fuel shortage due to a series of diplomatic and economic missteps, has turned to Nigeria for assistance. Despite months of […]
Petrol Prices Soar Beyond N1,100 as Crude Costs Surge
The pump price of petrol has skyrocketed to between N1,050 and N1,150 per litre, driven by an increase in crude oil prices and new pricing […]
PENGASSAN Predicts PMS Price Hike Amid Rising Crude Oil Prices and Exchange Rate Challenges
The National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, has warned that the price of Premium Motor […]
Petrol Price Drops to N965 Per Litre in Abuja
The retail price of premium motor spirit (PMS), popularly known as petrol, has dropped to N965 per litre at Nigerian National Petroleum Company (NNPC) outlets […]