petrol price Archives - Independent Digital News Network

Dangote Refinery Raises Petrol Price to ₦799 per Litre

Dangote Petroleum Refinery has increased the ex-depot price of Premium Motor Spirit to ₦799 per litre, reflecting ongoing adjustments in Nigeria’s downstream oil market. Industry sources say the price review is linked to crude oil input costs, exchange rate pressures and logistics, raising fresh concerns over pump prices, transport costs and broader inflationary effects across the economy.

Dangote Refinery Cuts Petrol Price to ₦840 as Global Oil Crash Hits Nigerian Market

IDNN4 months ago4 months ago0

The Dangote petrol price ₦840 reduction has rippled across Nigeria’s downstream sector after global crude prices plunged to $62 per barrel. Major depots including AIPEC and NIPCO have matched the new gantry price, sparking fresh debate about pump-price relief and market stability as OPEC+ maintains its production pause into early 2026.

DANGOTE’S PETROL PRICE SLASH TRIGGERS MARKET SHOCK — IMPORTERS MAY HALT FUEL SHIPMENTS

IDNN5 months ago5 months ago0

⚙️ The Move That Tilted the Market Dangote Petroleum Refinery’s new gantry price of ₦828 per litre — down from ₦877 — has flipped Nigeria’s...

Dangote Refinery Deploys CNG Trucks as Petrol Prices Rise Nationwide

IDNN5 months ago5 months ago0

The Dangote Petroleum Refinery has begun using compressed natural gas (CNG)-powered trucks to distribute petrol at ₦850 per litre, amid nationwide price surges. Market data show retail prices rising to ₦955 per litre in major cities, despite hopes that direct Dangote supply would stabilise costs. The move signals a deepening realignment in Nigeria’s fuel economy.

Petrol Nears ₦1,000/Litre Nationwide as Dangote Refinery Supply Glitch Tightens Market

IDNN5 months ago5 months ago0

Petrol prices have surged to as high as ₦1,000 per litre across major Nigerian cities following reported supply disruptions at the Dangote Refinery. Independent marketers blame depot operators for hiking ex-depot prices after the refinery halted loading. The resulting scarcity has sparked panic buying, long queues, and fears of fresh inflationary pressure nationwide.