THE Independent Petroleum Marketers Association of Nigeria has explained that the eventual renewal of the naira-for-crude deal between the Nigerian government, the Dangote Refinery and other refiners could not crash the price…
Tag: Petrol
Petrol Prices May Hits N400 at Filling Stations
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…
NNPC increases price of petroleum
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…
Petrol landing cost per litre jerks up
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…
Fuel: Nigeria’s depot owners hike prices
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…
Fuel Price: Why we’ll dump Dangote for NNPC, imports – PETROAN reveals
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…
Fuel Price To Increase As Dangote To Stop Supply To Nigerian Market
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…
Dangote Crashes Petrol Prices Again
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…
Jubilation As Petrol Landing Cost Reduces
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…
NNPC Announces New Petrol Price
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,…