Petrol Prices in Nigeria Surge 33% to N1,024.99 in July 2025, Says NBS
The average retail price of Premium Motor Spirit (PMS), commonly known as petrol, in Nigeria rose 33.02% year-on-year to N1,024.99 ...
Tag: petrol
Nigeria’s FG Targets N796 Billion from 5% Petrol Surcharge Starting January 2026
The Federal Government of Nigeria is poised to generate N796 billion annually from a new 5% surcharge on petrol, set ...
Petrol Prices Climb 76.73% Year-on-Year in April 2025, Says NBS
Nigeria has seen a significant surge in the cost of Premium Motor Spirit (PMS), with the average retail price rising ...
Petrol Imports Soar to ₦436bn as Tensions Mount Between Marketers and Dangote Refinery
Nigeria’s downstream oil sector is facing renewed tension as independent fuel marketers ramp up petrol imports worth over ₦436 billion ...
Dangote Refinery Faces N32.5bn Revenue Loss Following Petrol Price Cut
The Dangote Oil Refinery is set to incur a N32.5 billion loss due to its recent reduction in the ex-depot ...
Nigerians Experience Relief as Major Filling Stations Slash Fuel Prices by Over N200
Nigerians have begun to see some relief at the fuel pump as several filling stations across the country have significantly ...
Federal Government Denies Subsidy Payments Amid Rising Petrol Pump Prices
In a recent development, the federal government has firmly denied claims that it is subsidizing the landing cost of refined ...
Petrol Landing Cost Hits N1,000/Litre Amid FX Crisis
The landing cost of imported petrol has skyrocketed to over N1,000 per litre as Nigeria's foreign exchange crisis worsens, according ...
Fuel Prices Surge Above N650 Per Litre Across Nigeria
Filling stations across Nigeria have seen a steep rise in fuel prices, particularly at outlets operated by independent marketers, exceeding ...
FG Partners with Oando Clean Energy to Advance Renewable Energy Access.
The Federal Government of Nigeria has entered into a Memorandum of Understanding (MoU) with Oando Clean Energy Limited (OCEL) to ...
