Petrol Archives

Fuel price to drop nationwide as imported petrol price undercuts Dangote Refinery’s rate

Dangote Refinery: Why cheaper petrol price is unsustainable in Nigeria – Retailers, marketers

Recent reduction in petrol prices in Nigeria has sparked momentary excitement among citizens, but industry players warn that the development may portend greater danger in the oil downstream sector. Two…

Gong November 25, 2025

Business Economy Metro

Nigerian govt suspends implementation of 15% petrol import duty

The Nigerian Government has suspended the implementation of a 15 per cent import duty on premium motor spirit and automotive gas oil. The spokesperson of the Nigerian Midstream and Downstream…

Gong November 13, 2025

Metro News Nigeria

Petrol landing cost drops, now cheaper than Dangote Refinery’s price

The landing cost of imported petrol has dropped to N839.97 per litre as of October 21, 2025, cheaper than Dangote Refinery’s fuel, which sells for N877 per litre. This is…

Gong October 25, 2025

Business Metro News

Petrol marketers to dump Dangote Refinery for cheaper fuel

Nigerian petroleum product marketers have announced plans to abandon Dangote Refinery’s petrol in favour of cheaper imported fuel. The spokesperson of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Chinedu…

Gong October 25, 2025

Business News Nigeria

Aliko Dangote retires as Dangote Cement chairman to focus on refinery business

Dangote Cement has announced the retirement of its founder and majority shareholder, Aliko Dangote, from his role as chairman of the company. In a statement on Friday, Anthony Chiejina, Dangote…

Gong July 26, 2025

Business Metro News

NNPC reduces petrol price by N5

The Nigerian National Petroleum Company Limited (NNPC Ltd) has reduced the pump price of premium motor spirit (PMS), also known as petrol, marking the second downward adjustment within one week.…

Gong July 24, 2025

Business News Nigeria

Dangote refinery reduces ex-depot petrol price to N840 per litre

Dangote Petroleum Refinery has reduced its ex-depot price for premium motor spirit (PMS), also known as petrol, to N840 per litre. The reduction represents a N40 decrease from the previous…

Gong July 1, 2025

Business News Nigeria

Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre

Dangote Petroleum Refinery has slashed the gantry price Premium Motor Spirit, PMS, also known as petrol to ₦825 per litre from N835 per litre as competition continues in the domestic…

Gong May 12, 2025

Business News Nigeria

BREAKING: Dangote slashes petrol price to N865

Dangote refinery has informed marketers and its customers of a downward review of its ex-gantry loading cost to N865 per litre. The new price is a reduction of N15 from…

Gong April 10, 2025

Business News Nigeria

Commercial drivers in Ibadan express relief over fuel price reduction

Some commercial motorists in Ibadan have heaved a sigh of relief at the reduction of the pump price of petrol. However, speaking with the News Agency of Nigeria (NAN)…

Gong March 6, 2025

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Dangote Refinery: Why cheaper petrol price is unsustainable in Nigeria – Retailers, marketers

Aliko Dangote retires as Dangote Cement chairman to focus on refinery business

Dangote refinery reduces ex-depot petrol price to N840 per litre

Dangote Refinery Slashes Petrol Gantry Price To ₦‎825 Per Litre

BREAKING: Dangote slashes petrol price to N865

Commercial drivers in Ibadan express relief over fuel price reduction

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