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Petroleum marketers returned to naira transactions at the Dangote Petroleum Refinery on Wednesday after a week of dollar denominated pricing that unsettled Nigeria’s downstream market, but the relief arrived with a higher bill, as the refinery lifted its ex depot petrol price by N140 per litre. A notice issued by the refinery’s commercial department,…
Fuel marketers have resumed lifting petrol and diesel from private depots across the country after nearly a week of disrupted loading, even as ex depot prices climbed again in Lagos and moved unevenly in other coastal hubs, signalling that the volatility unleashed by Dangote Petroleum Refinery’s shift to dollar pricing is far from over….
