Category : Search result: gas price hike Lagos Abuja


Nigeria's Import Index Rises 0.16% in Q3 2025

Nigeria's import price index increased by 0.16% in Q3 2025, driven by higher costs for building materials and footwear. The NBS report reveals a slight decline in the terms of trade. Read the full analysis.

Nigerian Lady Calls for Bride Price Ban, Sparks Debate

A Nigerian woman's viral TikTok video demanding the abolition of bride price has ignited fierce online debate. She argues the tradition promotes ownership and financial exploitation. Read the full story and reactions.

SAIPEC 2026 to Spotlight Nigeria's Oil Licensing Round

The 10th Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) will focus on Nigeria's oil licensing round. Key speakers from across Africa confirmed for the Lagos event in February 2026. Read more for details.

Nigerian Car Dealers Turn to Electric Vehicles

Nigerian car dealers report a sharp drop in petrol car sales. The industry is now exploring electric and gas-powered vehicles as the future, despite infrastructure challenges. Read more.

Fuel Price War Deepens as Marketers Undercut Dangote

A fierce petrol price war is reshaping Nigeria's fuel market as independent marketers slash prices below Dangote's N739 rate. Discover how this battle for customers is impacting motorists and the industry's future.

MRS Displaces NNPC as Nigeria's Cheapest Petrol Seller

MRS Oil Nigeria, backed by Dangote Refinery, now sells petrol at N739/litre, undercutting NNPC's prices. This marks a major shift in Nigeria's downstream fuel market dominance. Discover the new pricing landscape.

Man Caught Stealing iPhone 16 in Abuja Office

A suspected thief was caught instantly after stealing an iPhone 16 from a woman's bag in an Abuja office. See how a vigilant witness blocked his escape. Full story and video details inside.

CBN Predicts N950 Fuel Price for 2026

The Central Bank of Nigeria projects petrol prices will hover around N950 per litre in 2026, based on oil prices and forex. This is higher than current rates set by Dangote Refinery. Read the full analysis.

Domestic Air Traffic Falls 13.6%, Hits 3-Year Low

Nigeria's domestic aviation crisis deepens as passenger numbers fall to 12.54 million, a 13.6% decline since 2022. Air Peace, Max Air face trouble while international travel grows. Experts warn of fare hikes and service failures.

NNPC remits N12.1trn, reports N502bn profit in 2025

NNPC Limited remitted N12.117 trillion to the Federation Account in ten months, reporting strong revenue and profit growth. Oil production held steady as key gas pipeline projects near completion.

New Tariffs to Make Nigeria's Ports 55% More Expensive

Maritime stakeholders warn that a new tariff hike approved by the Nigerian Shippers' Council will make doing business at Nigerian ports 55% costlier than other West African ports, contradicting government's cost-reduction goals.

Gas Crisis Fuels Deforestation as Prices Soar

Despite vast gas reserves, soaring LPG prices force Nigerian households back to firewood and charcoal, deepening health risks and accelerating forest loss. Experts warn of a growing energy poverty crisis.

NNPC Fully Restores Escravos-Lagos Gas Pipeline

The NNPC has successfully restored the Escravos-Lagos Pipeline System after a December explosion. Read how this swift action secures Nigeria's gas supply for power and industry.

AKK Gas Pipeline to Start Operations in Early 2026

Nigeria's $2.8 billion Ajaokuta-Kaduna-Kano gas pipeline is on track to begin operations in early 2026, promising to transform energy supply and industrial growth in the north. NNPC targets $30 billion in oil and gas investments by 2030.

Man reports MRS station selling fuel above N739 to Dangote

A Nigerian man has exposed an MRS filling station in Kebbi State selling petrol at N850 per litre, defying Dangote's N739 price directive. He reported the incident directly to Dangote Group, urging immediate action. Read the full story and public reaction

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