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Breaking: Petrol Becomes Cheaper as NNPCL Lowers Price

Following a ₦10 decrease in ex-depot prices by Dangote Refinery and major depot owners, the state-owned oil company Nigerian National Petroleum Company Limited (NNPCL)...

Fuel Prices Change Again as Dangote, BOVAS, AA Rano Lead New Adjustments

As the landing cost of petrol fell further below the Dangote Refinery's ex-depot price, some filling stations in Abuja lowered the pump price of...

Oil output slumps as Nigeria, Libya, Venezuela drag OPEC+ targets

October saw declines in crude oil production in Nigeria, Libya, and Venezuela, undercutting the output targets set by OPEC+, the Organization of the Petroleum...

Fuel Depot Prices Drop to N880.5/Litre Across Nigeria

As competition among suppliers in the downstream sector increased, the average price of Premium Motor Spirit (petrol) at private depots and the Dangote Refinery...

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