…down from N1,300 previously.Motorists get some relief as NNPC releases new nationwide petrol prices Photo: AFP>The latest adjustment represents a N35 reduction for motorists in Lagos.PAY ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!In the Federal Capital Territory (FCT), Abuja, the state…
…Email: ankrah.shalom@corp.legit.ng. Tags: Nigerian YouthsDiaspora Hot: Afcon 2025 Petrol prices Catherine bell Molly noblitt Deborah merlino {{content}} {{web_article_infinite_1}} {{jsonLd}} Loading...
…suspends loading. prices surge nationwideSeveral major private depots announced new petrol prices, reflecting the growing impact of rising crude oil benchmarks on local fuel costs.From breaking news to viral moments. Follow Legit.ng on Instagram.DepotOld PriceNew PriceAIPECN1,200/LN1,248/LSOBAZN1,205/LN1,255/LMastersN1…
Filling stations have increased petrol prices nationwide after private depot owners raised PMS loading costs to about N1,200 per litre Motorists are now paying between N1,100 and N1,230 per litre across major cities as marketers pass on higher wholesale costs The latest increase followed the temporary suspension of pro…
…loading earlier in the week. The development contributed to an increase in ex-depot petrol prices at several privately owned depots, with rates climbing to around ₦1,200 per litre.Although the refinery has played a key role in easing domestic fuel prices in recent months, marketers say higher import and replacement cos…
Nigerian fuel importers are under growing pressure as rising international petrol prices increase landing costsDangote Refinery's pricing has effectively set a price ceiling in Nigeria, leaving importers unable to pass on higher costs to marketersS&P Global Commodity Insights said arbitrage opportunities from Lomé have…
…including NIPCO, Sahara Energy, Aiteo and African Terminal, maintained their previous petrol prices, signalling relative stability in the petrol segment despite increasing competition among suppliers. In Lagos, depot prices for petrol remained largely within a narrow band of N1,074 to N1,075 per litre, indicating a sta…
…Midstream and Downstream Petroleum Regulatory Authority has repeatedly stated that petrol prices must remain cost-reflective under the deregulation regime. The authority recently warned against profiteering and arbitrary pricing practices in the downstream market, insisting that operators must adhere to the principles…
…Nigeria's downstream petroleum sector continued to record marginal movements in petrol prices across major depots in Lagos, Port Harcourt, Calabar and Warri yesterday, reflecting continued market adjustments among petroleum marketers and depot operators. The latest mid-day market data showed that PMS depot prices remai…
…oil prices, alongside stable exchange rates and refining costs, should support lower petrol prices. What you should know The global oil market recently reacted to developments involving the United States and Iran, with crude prices declining following expectations of improved energy supply and reduced geopolitical risk…