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  • EA Adeboye Disowns Political Ties to Ruling Party May 2, 2026
  • FG Reforms Drive $2bn Mining Investment May 2, 2026
  • Oscars Ban AI From Major Award Categories May 2, 2026

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energy market

Petrol Hits N1,400 as Middle East Crisis Bites
  • Latest

Petrol Prices Drop 15.6% Despite Monthly Volatility

Ebenezer Chukwudi4 days ago4 days ago02 mins

The National Bureau of Statistics reports that average retail petrol prices fell by 15.6 per cent year-on-year by February 2026. Data confirms the average cost reached ₦1,051.47, down from ₦1,245.80 in February 2025. This annual decline suggests a slight cooling in the downstream oil sector since the shock of the 2023 subsidy removal. Yet, the…

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Dangote Refinery Exports 456,000 Tonnes to African Markets
  • Breaking News

Dangote Refinery Hikes Petrol Price as Global Crude Hits $80

Babatunde Junaid2 months ago2 months ago03 mins

The Dangote Petroleum Refinery has raised its petrol ex-depot price by 100 Naira, taking the rate from 774 Naira to 874 Naira per litre. Management implemented the change on Monday following a sharp rise in global crude oil prices, which surged past the $80 per barrel mark overnight. The refinery briefly suspended petrol loading at…

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Recent Posts

  • EA Adeboye Disowns Political Ties to Ruling Party
  • FG Reforms Drive $2bn Mining Investment
  • Oscars Ban AI From Major Award Categories
  • Fire Destroys Sokoto NLC Secretariat
  • Nigeria Summons South African Envoy Over Attacks

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Oscars Ban AI From Major Award Categories
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Portable Welcomes Baby After Boxing Defeat In Lagos
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Davido Secures Best International Act at 2026 LEA
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Michael Jackson Biopic Tops Box Office
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When The Algorithm Picks the Hit: How TikTok Quietly Took Over Nigeria’s Music Industry

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