NNPCL Reduces Petrol Price to N1,325 Per Litre in Abuja
The Nigerian National Petroleum Company Limited (NNPCL) has reduced its petrol pump price to N1,325 per litre at its retail outlets in Abuja and neighbouring areas. A market survey conducted by DAILY POST on Wednesday showed that NNPCL filling stations…
Dangote Refinery Cuts Diesel Price by ₦80 to ₦1,700 Per Litre
Dangote Petroleum Refinery has reduced the gantry price of Automotive Gas Oil (AGO), commonly known as diesel, by ₦80 per litre, bringing the price down from ₦1,780 to ₦1,700 per litre. The new price takes effect Wednesday, October 7, 2026, according to…
NNPC Petrol Discount Is Not Fuel Subsidy, Taiwo Oyedele Clarifies
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has clarified that the 30-day petrol discount introduced by the Nigerian National Petroleum Company Limited (NNPC) Retail does not amount to a return of the fuel subsidy regime…
Cooking Gas Prices: Dangote Refinery Sells at N980/kg as Other Depots Charge More
New cooking gas depot prices have emerged across Nigeria, with Dangote Refinery recording the lowest listed rate at N980 per kilogram, below prices offered by other selected suppliers. The latest figures come as Nigerian households face rising liquefied…
CORAN Backs Crude Forward Sales, Questions N1,350 Petrol Price Ceiling
The Crude Oil Refiners Association of Nigeria (CORAN) has backed the Federal Government’s plan to sell crude oil to domestic refineries through forward contracts but raised concerns over the proposed N1,350-per-litre petrol price ceiling, demanding…
Petrol Price Rises Again as MRS, Ranoil, AA Rano Increase Rates in Abuja
Dangote Refinery-backed MRS Oil Nigeria and other filling stations have increased their petrol pump prices in Abuja and its environs, reversing the recent downward trend in fuel prices. A market survey by DAILY POST on Sunday showed that MRS filling…
Dangote Refinery IPO Attracts Up to N8.61tn in Estimated Subscriptions as Offer Deadline Is Extended
Dangote Petroleum Refinery’s initial public offering (IPO) has reportedly attracted subscriptions several times above its original fundraising target, with a fourfold subscription of the offer value potentially translating to about N8.61tn. President of…
Lagos Begins 35-Day Lekki-Epe Expressway Repairs, Announces Traffic Diversions
Motorists and commuters using the deteriorating Eti-Osa-Lekki-Epe Expressway are expected to experience temporary traffic disruptions as the Lagos State Government begins a 35-day rehabilitation of damaged sections of the busy highway. The…
Dangote Refinery IPO: Billionaire to Prioritise Investors with ₦50,000 or Less
Africa’s richest man, Aliko Dangote, has reaffirmed his commitment to prioritising small-scale investors in the planned initial public offering (IPO) of the $20 billion Dangote Petroleum Refinery, saying the initiative is designed to give ordinary…
Dangote Refinery Records $4.7bn Profit, Revenue Jumps 144% in Nine Months
Dangote Petroleum Refinery and Petrochemicals has reported a remarkable financial turnaround, recording $22.5 billion in revenue and $4.7 billion in net profit for the nine months ended September 30, 2026, compared with a net loss of $117.2 million in…
