NNPC, Depots Slash Petrol Prices After Dangote's Move
Nigerians get relief as petrol prices drop nationwide. NNPC and private depots cut rates after Dangote Refinery's pledge to supply 50 million litres daily, sparking intense market competition.
Category : Search result: petrol import tariff
Reps query Azura Power over N18bn undisclosed payments
House of Representatives committee demands explanation from Azura-Edo IPP for failing to disclose over N18bn received from NBET in 2023. Full investigation into power sector spending continues.
Rice Price Drops in Lagos, Farmers Predict More Cuts
Lagos slashes rice price to N57,000 per 50kg bag, triggering market-wide reductions. Farmers forecast further price drops ahead of Christmas but criticize import policies. Read for full market analysis.
Dangote Refinery Vows 1.5bn Litres Petrol Supply in December
Dangote Refinery commits to supplying Nigeria with 1.5 billion litres of petrol in December 2025, promising market saturation and price stability. Read the full details of their letter to regulators.
Dangote Slashes Petrol Price to N840/Litre for Christmas
Dangote Refinery reduces petrol ex-depot price to N840/litre, triggering competitive cuts among depot owners. The move follows NNPC's price adjustment and a global crude oil price crash to $60 per barrel. Read more on the festive season relief.
Dangote Refinery to Supply 1.7bn Litres of Petrol Monthly
Dangote Refinery commits to supplying up to 1.7 billion litres of petrol monthly, boosting Nigeria's fuel security. Read the full details of this landmark development.
Nigeria's Petrol Consumption Hits 56.74M Litres Daily
New data reveals Nigeria consumed 56.74 million litres of petrol daily in October 2025, with Dangote Refinery producing 18.03 million litres. Discover the full energy consumption breakdown.
NNPC Petrol Price Drops to N905, Remains Above Rivals
NNPC reduces petrol pump price to N905 per litre, but major marketers like Ardova and MRS offer cheaper fuel. Analysts predict further cuts as competition intensifies.
Swiss MPs seek probe into Trump gifts before tariff deal
Swiss lawmakers call for investigation into gold bar and Rolex gifts to Donald Trump before tariff reduction. Could this be 'gold bar diplomacy'? Read the full story.
Import Gmail Contacts to iPhone: Quick Guide
Learn how to transfer Gmail contacts to iPhone using 3 proven methods. Sync contacts instantly via Settings, iCloud, or third-party apps. Complete Nigerian guide.
Dangote Refinery Triggers Fuel Price Competition in Nigeria
Nigerian petrol market sees intense competition as Dangote Refinery and importers adjust ex-depot prices. Latest updates on fuel costs and market dynamics revealed.
Petrol Workers Applaud NNPCL Health Insurance Scheme
NNPC filling station workers commend new health insurance scheme covering 7,000 employees. Workers urge NUPENG to conduct elections and private marketers to follow NNPCL's example.
US Ends 15% Tariff on Ghana's Cocoa Exports
United States removes 15% tariff on Ghana's cocoa and agricultural exports, set to generate $60 million additional annual revenue for Ghana's economy. Read full details.
Petrol Prices Fall Below NNPC Rate Amid Import Surge
Major Nigerian filling stations slash petrol prices below NNPC rates as imports surge. Discover how this impacts consumers and market competition.
US Removes 15% Tariff on Ghana Cocoa Exports
United States removes 15% tariff on Ghana's cocoa and farm exports, set to generate $60 million additional revenue annually. Major diplomatic win for Ghana-US relations.
4 Economic Policies Tinubu Suspended After Backlash
President Tinubu's administration suspended 4 major economic policies following public outcry. Learn about the reversed decisions and their impact on Nigeria's economy.
Manufacturers Spend N676.6bn on Power Generators
Nigerian manufacturers spent N676.6 billion on alternative energy in H1 2025 as poor power supply cripples operations. MAN warns of job losses and demands government intervention.
EU Seeks More US Tariff Exemptions in Key Talks
EU trade ministers will press for more US tariff exemptions on wines, spirits, and pasta during a crucial meeting with US Commerce Secretary Howard Lutnick. The talks aim to resolve ongoing trade tensions.
Tinubu suspends 15% tariff, breaks 26-year monopoly pattern
President Tinubu's suspension of 15% tariff on petrol and diesel marks historic shift from monopoly control. Nigerians celebrate people-centered leadership after 26 years of economic dominance.
Man Gets 16.9kwh for ₦2000 Under Band A Tariff
A Nigerian man's electricity receipt showing he received 16.90kwh for ₦2000 under Band A tariff goes viral, sparking reactions about possible price reductions or system glitches.
Nigeria's N777 Billion Arms Import Bill Revealed
National Bureau of Statistics data shows Nigeria spent N776.9 billion on arms imports from 2020-2025, with 2024 recording the highest expenditure at N520 billion amid rising insecurity.
UK-Nigeria Trade Mission Opens in Abuja
A UK-Nigeria trade mission has launched in Abuja to empower women-led businesses and boost non-oil exports. Discover how this initiative creates new opportunities.
Nigeria imports 4.8M tonnes of wheat yearly - PBAN
PBAN laments Nigeria's heavy reliance on wheat imports, revealing 4.8M tonnes are imported yearly. Insecurity and high costs have forced 40% of bakeries to close. Read more.
Dangote Refinery Takes Credit for Petrol Price Cut
Dangote Petroleum Refinery asserts responsibility for recent petrol pump price reduction, citing gantry price cuts independent of government tariff reversal. Read full details.
Petrol Price Cut: NNPC Sells at N910 in Lagos
NNPC has reduced petrol prices across Nigeria, offering relief to motorists. Dangote Refinery clarifies the reason behind the price adjustment. Read for full details and state-by-state breakdown.
Dangote Refinery: We Caused Fuel Price Cut, Not Government
Dangote Petroleum Refinery clarifies it initiated recent pump price reductions, not government tariff reversals. Learn how their November 6 price cuts impacted market dynamics across Nigeria.
Suspended 15% Import Duty Threatens Domestic Refining
The CPPE warns that suspending the 15% import duty on fuel and diesel jeopardizes Nigeria's domestic refineries and energy security. Learn why this policy reversal risks billions in investments.
NNPCL Health Insurance for 7,000 Station Attendants
NNPC Retail Ltd launches health insurance scheme for over 7,000 petrol station attendants nationwide, enhancing welfare and service delivery. Read about this worker-focused initiative.
MURIC faults fuel import tariff suspension, demands reversal
Muslim Rights Concern and other groups criticize FG's suspension of 15% fuel import tariff, calling it harmful to Nigeria's economic growth and local refining capacity. Demand immediate policy reversal.
Trump Lowers Tariffs on Beef, Coffee, Other Goods
President Trump signs order to lower US tariffs on beef, coffee, and other goods, aiming to address rising living costs. Learn about the new exemptions and their economic impact.
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