Petrol

2 Minutes

National

Petrol Prices May Hits N400 at Filling Stations

VAM News April 7, 2025

News Update THE Crude Oil Refinery Owners Association of Nigeria (CORAN) has stated that petrol prices could drop below N400 per litre if crude oil prices continue to fall. CORAN believes that petrol could...

2 Minutes

Business National

NNPC increases price of petroleum

VAM News April 3, 2025

News Update THE Nigerian National Petroleum Company Limited (NNPCL) has raised the pump price of petrol to N925 per litre in Lagos and N950 per litre in Abuja, marking a significant increase from previous...

2 Minutes

Business

Petrol landing cost per litre jerks up

VAM News March 27, 2025

THE landing cost of imported premium motor spirit increased to N885 per litre on Wednesday from N797. The Major Energy Marketers Association of Nigeria disclosed the rise in the landing cost of petrol in...

1 Minute

National

Fuel: Nigeria’s depot owners hike prices

VAM News March 22, 2025

Nigeria’s petroleum products depot owners have increased premium motor spirit ex-depot prices. Data from the price template of several depot owners on Thursday showed that ex-depot prices of PMS are up by N25. Analyses...

1 Minute

Business National

Fuel Price: Why we’ll dump Dangote for NNPC, imports – PETROAN reveals

VAM News March 21, 2025

THE Petroleum Products Retail Outlet Owners Association of Nigeria has explained that it members will not hesitate to dump Dangote Refinery for alternatives over its latest move to sale petroleum products in Dollar. The...

1 Minute

Business National

Fuel Price To Increase As Dangote To Stop Supply To Nigerian Market

VAM News March 19, 2025

News Update Dangote Refinery will stop loading petroleum products for Nigerian market as the renegotiation of the naira-for-crude deal is not recording significant progress, TheCable understands. However, sources said the refinery will continue to...

2 Minutes

Local News

Dangote Crashes Petrol Prices Again

VAM News March 14, 2025

News Update THE price competition within the downstream oil sector persisted on Thursday as the Dangote Refinery discreetly implemented a price reduction at its loading gantry, lowering the cost of petrol loading from N825...

2 Minutes

National

Jubilation As Petrol Landing Cost Reduces

VAM News March 12, 2025

News Update THE landing cost of premium motor spirit dropped to N774.82 per litre, cheaper than the ex-depot price of Dangote Refinery’s fuel, which stood at N825 per litre. This is according to the...

1 Minute

National

NNPC Announces New Petrol Price

VAM News February 13, 2025

News Update THE Nigerian National Petroleum Company Limited (NNPCL) has reduced the price of petrol at its retail stations from N960 to N945 per litre. The new price took effect on Thursday, February 13,...

1 Minute

Business National

Dangote Refinery crashes petrol price per litre

VAM News February 1, 2025 0 Comment

News Update Dangote Refinery has announced the reduction of petrol price from N950 to N890 per litre. In a statement, the company said the price adjustment is in response to favourable developments in the...