Fuel Prices Rise to N800/Litre After Dangote Refinery Shutdown
Private depot owners have increased petrol prices to N800 per litre following Dangote Refinery's planned maintenance shutdown. Get the latest on Nigeria's fuel market and price outlook.
Private depot owners have increased petrol prices to N800 per litre following Dangote Refinery's planned maintenance shutdown. Get the latest on Nigeria's fuel market and price outlook.
Nigeria's current account surplus reached $3.42bn in Q3 2025, driven by a 44% surge in refined fuel exports. This marks a pivotal shift as domestic refining capacity grows, reducing import dependency. Discover the details and what it means for the economy
PETROAN reports the 2025 price war between Dangote Refinery and marketers led to massive losses for retailers, squeezed profits, and market instability. The group calls for urgent stakeholder dialogue.
The Nigerian stock market closed 2025 with a historic 51.19% return. Explore the drivers, sector performances, and a cautiously optimistic outlook for 2026. Read our analysis now.
PETROAN projects 850,000 bpd from new refineries but slams N11.35tr waste on state plants. Read the 2026 outlook for Nigeria's oil sector.
Dangote Refinery introduces a 10-day credit facility and free logistics for petrol stations, slashing the gantry price to ₦699/litre. This strategic move aims to ease cash flow and distribution costs for dealers nationwide.
Nigeria's Dangote Refinery starts planned maintenance to boost petrol output and achieve 700,000 barrels per day capacity by early 2026, reducing fuel imports by over 60%.
Aliko Dangote's refinery ends Nigeria's fuel import dependence, saving billions in forex and sparking industrial hope. Discover the impact of Africa's richest man.
NNPC GCEO Bayo Ojulari states the fuel price competition between Dangote Refinery and marketers is a natural market shift that will ultimately favour Nigerian consumers. Read more.
Nigerians get relief as petrol prices fall by N153 per litre to N1,061.35. Dangote Refinery and NNPC drive competition, but state disparities remain high. Find out the cheapest and costliest states.
Nigeria now sells the cheapest petrol in West Africa at ₦739 per litre, thanks to Dangote Refinery's price cuts. Discover how this impacts the economy and future fuel supply.
Nigeria's oil sector faced major tensions in 2025 as Dangote Refinery clashed with unions, marketers, and regulators over labour rights, pricing, and market control. Explore the full review of the crisis and its implications for 2026.
NNPC Limited reduced petrol prices by over N175 in Lagos during 2025, driven by competition from Dangote Refinery. The price now stands at N785 per litre ahead of Christmas. Read the full analysis.
NBS data shows petrol prices fell 12.59% year-on-year in November 2025. See the top 10 cheapest states and the impact of NNPC and Dangote refinery price cuts.
Nigerian motorists face long queues at few MRS stations selling Dangote petrol at N739. They urge the refinery to partner with more outlets for wider access to affordable fuel. Report stations selling above price.
Nigeria strengthens its role as the top African crude oil supplier to the United States, exporting 33.23 million barrels worth $2.57 billion from January to August 2025. Discover the economic impact and the role of Dangote Refinery.
Several Nigerians have confirmed purchasing petrol at the new N739 per litre price announced by Dangote Refinery. Reports from Lagos stations verify the reduction, offering relief amid high costs.
Dangote Petroleum Refinery closed 2025 with a dramatic N200.50 per litre price cut, reshaping Nigeria's fuel market. Learn how local refining is driving down costs and pressuring importers.
Independent fuel marketers lament plummeting sales after Dangote Refinery slashes petrol price to N739 per litre at MRS stations nationwide. Discover the market shift and financial strain.
President Tinubu's government plans a 15% levy on imported petrol and diesel, plus a 5% fossil fuel surcharge from 2026. Experts warn of soaring costs for Nigerians. Full analysis inside.
Dangote Refinery launches a hotline for Nigerians to report MRS stations selling petrol above N739. The move aims to protect consumers and ensure price transparency amid a major market shift.
Aliko Dangote directs Nigerians to buy fuel at the new N739/litre price. His refinery launches a hotline to report overcharging stations and warns against artificial scarcity. Read more.
PENGASSAN President Festus Osifo warns of a massive brain drain in Nigeria's oil sector due to devaluation and stagnant wages. The union demands urgent salary reviews and criticizes economic policies.
The Nigerian government suspends a controversial 15% fuel import duty to avoid festive season price hikes. Experts warn of policy inconsistency and the need for long-term energy security. Read more.
Dangote Refinery's ₦699/litre petrol price triggers a market shift. Marketers abandon private depots, forcing massive price cuts. Daily truck loading exceeds 2,000. Read the full analysis.
Dangote Petroleum Refinery begins nationwide petrol sales at N739 per litre via MRS stations. The refinery pledges 50 million litres daily supply to stabilize the market and urges consumers to report overcharging.
A fierce price war erupts in Nigeria's fuel market as Dangote Refinery's free delivery forces stations to cut petrol prices by up to N100 per litre. Discover how this battle benefits consumers.
Dangote Refinery begins nationwide PMS sales at N739 per litre through MRS stations, warns against artificial scarcity, and urges Nigerians to report non-compliance for economic relief.
Despite the Petroleum Industry Act, Nigeria's oil sector remains mired in opacity. NEITI recovers billions, but Dangote Refinery clashes with NMDPRA, exposing deep-seated governance failures. Read the full analysis.
Filling stations in Lagos and other cities are still selling petrol at N850-N990 per litre, ignoring Dangote Refinery's new N699 rate. Find out why prices remain high and when relief is expected.