Dangote Petroleum Refinery has cut its Premium Motor Spirit, or petrol, gantry price by N25 per liter, lowering the ex-depot rate from N799 to N774 per liter in what industry analysts describe as a strategic recalibration amid shifting market…
A fierce petrol price war has erupted across Nigeria, with independent retailers slashing pump prices below the ₦739 per litre benchmark set by Dangote Petroleum Refinery. In December, Dangote Refinery reduced its ex-depot price from ₦828 to…
The Nigerian National Petroleum Company Limited (NNPC) has reduced the pump price of Premium Motor Spirit (petrol) at its retail outlets in Abuja to ₦815 per litre, down from ₦835. This ₦20 reduction was observed on Monday across several NNPC…
Competition among petroleum marketers intensified this week as several dealers reduced the pump price of petrol by as much as 100 naira ($0.07) per liter, deepening a price war in Africa’s largest oil-producing nation and offering temporary…
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